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Ridgely, Tennessee

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
1,796
Population
$24,390
Median Income
$83,300
Home Value
35.8
Median Age

Demographics

Ridgely has a population of 1,796 with a median age of 35.8. Here is the racial and ethnic breakdown of the population:

White
69.9%
Black
22.3%
Other
6.5%
Hispanic
1.3%
Demographic Value
Total Population1,796
Median Age35.8
White69.9%
Black or African American22.3%
Hispanic or Latino1.3%
Other / Two or More Races6.5%
Ridgely, Tennessee — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 69.9%Black: 22.3%Other: 6.5%Other: 1.3%1,796PopulationWhiteWhite69.9%BlackBlack22.3%OtherOther6.5%OtherOther1.3%

Income & Economy

The median household income in Ridgely is $24,390, which is 69.7% below the national median of $80,610. The per capita income is $17,324. The poverty rate is 43.6%.

$24,390
Median Household Income
$17,324
Per Capita Income
43.6%
Poverty Rate

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Education

In Ridgely, 65.9% of residents age 25+ have a high school diploma or higher, and 12.1% hold a bachelor's degree or higher (4.0% with a graduate or professional degree).

HS Diploma+
65.9%
Bachelor's+
12.1%
Graduate+
4.0%
Education Level % of Adults (25+)
High School Diploma or Higher65.9%
Bachelor's Degree or Higher12.1%
Graduate or Professional Degree4.0%

Housing

The median home value in Ridgely is $83,300, below the national median of $303,400. The median monthly rent is $560. The homeownership rate is 41.7%.

$83,300
Median Home Value
$560/mo
Median Rent
41.7%
Homeownership Rate
Housing Metric Value
Median Home Value$83,300
Median Monthly Rent$560
Homeownership Rate41.7%
Vacancy Rate6.4%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Ridgely, Tennessee?
The population of Ridgely, Tennessee is 1,796 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ridgely, Tennessee?
The median household income in Ridgely, Tennessee is $24,390. This is 69.7% below the national median of $80,610.
What is the median home value in Ridgely, Tennessee?
The median home value in Ridgely, Tennessee is $83,300. The median monthly rent is $560.
What percentage of people in Ridgely have a college degree?
In Ridgely, Tennessee, 12.1% of adults age 25 and older hold a bachelor's degree or higher, and 65.9% have a high school diploma or higher.
Is Ridgely, Tennessee an affordable place to live?
The home price-to-income ratio in Ridgely, Tennessee is 3.4x (median home value $83,300 vs. median income $24,390), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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