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Ridgely, Maryland

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,772
Population
$62,048
Median Income
$276,700
Home Value
34.3
Median Age

Demographics

Ridgely has a population of 1,772 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:

White
74.0%
Hispanic
13.9%
Black
12.0%
Asian
1.1%
Demographic Value
Total Population1,772
Median Age34.3
White74.0%
Black or African American12.0%
Asian1.1%
Hispanic or Latino13.9%
Ridgely, Maryland — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 101.White: 73.3%Hispanic/Latino: 13.8%Black: 11.9%Other: 1.1%1,772PopulationWhiteWhite73.3%Hispanic/LatinoHispanic/Latino13.8%BlackBlack11.9%OtherOther1.1%

Income & Economy

The median household income in Ridgely is $62,048, which is 23.0% below the national median of $80,610. The per capita income is $30,316. The poverty rate is 12.8%.

$62,048
Median Household Income
$30,316
Per Capita Income
12.8%
Poverty Rate

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Education

In Ridgely, 82.2% of residents age 25+ have a high school diploma or higher, and 12.6% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).

HS Diploma+
82.2%
Bachelor's+
12.6%
Graduate+
3.0%
Education Level % of Adults (25+)
High School Diploma or Higher82.2%
Bachelor's Degree or Higher12.6%
Graduate or Professional Degree3.0%

Housing

The median home value in Ridgely is $276,700, below the national median of $303,400. The median monthly rent is $633. The homeownership rate is 62.9%.

$276,700
Median Home Value
$633/mo
Median Rent
62.9%
Homeownership Rate
Housing Metric Value
Median Home Value$276,700
Median Monthly Rent$633
Homeownership Rate62.9%
Vacancy Rate4.3%

Salaries in Maryland

Explore salary data for popular occupations in Maryland:

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Other Cities in Maryland

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Frequently Asked Questions

What is the population of Ridgely, Maryland?
The population of Ridgely, Maryland is 1,772 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ridgely, Maryland?
The median household income in Ridgely, Maryland is $62,048. This is 23.0% below the national median of $80,610.
What is the median home value in Ridgely, Maryland?
The median home value in Ridgely, Maryland is $276,700. The median monthly rent is $633.
What percentage of people in Ridgely have a college degree?
In Ridgely, Maryland, 12.6% of adults age 25 and older hold a bachelor's degree or higher, and 82.2% have a high school diploma or higher.
Is Ridgely, Maryland an affordable place to live?
The home price-to-income ratio in Ridgely, Maryland is 4.5x (median home value $276,700 vs. median income $62,048), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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