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Ridgway, Illinois

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
779
Population
$46,000
Median Income
$75,000
Home Value
47.2
Median Age

Demographics

Ridgway has a population of 779 with a median age of 47.2. Here is the racial and ethnic breakdown of the population:

White
96.3%
Asian
2.3%
Black
0.8%
Demographic Value
Total Population779
Median Age47.2
White96.3%
Black or African American0.8%
Asian2.3%
Hispanic or Latino0.3%
Ridgway, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 96.6%Asian: 2.3%Other: 1.1%779PopulationWhiteWhite96.6%AsianAsian2.3%OtherOther1.1%

Income & Economy

The median household income in Ridgway is $46,000, which is 42.9% below the national median of $80,610. The per capita income is $35,963. The poverty rate is 9.7%.

$46,000
Median Household Income
$35,963
Per Capita Income
9.7%
Poverty Rate

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Education

In Ridgway, 87.5% of residents age 25+ have a high school diploma or higher, and 17.9% hold a bachelor's degree or higher (10.2% with a graduate or professional degree).

HS Diploma+
87.5%
Bachelor's+
17.9%
Graduate+
10.2%
Education Level % of Adults (25+)
High School Diploma or Higher87.5%
Bachelor's Degree or Higher17.9%
Graduate or Professional Degree10.2%

Housing

The median home value in Ridgway is $75,000, below the national median of $303,400. The median monthly rent is $667. The homeownership rate is 79.7%.

$75,000
Median Home Value
$667/mo
Median Rent
79.7%
Homeownership Rate
Housing Metric Value
Median Home Value$75,000
Median Monthly Rent$667
Homeownership Rate79.7%
Vacancy Rate16.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Ridgway, Illinois?
The population of Ridgway, Illinois is 779 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ridgway, Illinois?
The median household income in Ridgway, Illinois is $46,000. This is 42.9% below the national median of $80,610.
What is the median home value in Ridgway, Illinois?
The median home value in Ridgway, Illinois is $75,000. The median monthly rent is $667.
What percentage of people in Ridgway have a college degree?
In Ridgway, Illinois, 17.9% of adults age 25 and older hold a bachelor's degree or higher, and 87.5% have a high school diploma or higher.
Is Ridgway, Illinois an affordable place to live?
The home price-to-income ratio in Ridgway, Illinois is 1.6x (median home value $75,000 vs. median income $46,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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