Ridgway, Illinois Housing

Ridgway, Illinois has a population of 809, with a median household income of $103,245.

Current housing data for Ridgway.

$452,110

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Population

809

💰

Median Income

$103,245

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Unemployment

4.80%

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Housing Price

$452,110

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Crime Rate

2.20

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Internet Speed

204.00 Mbps

Ridgway is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Ridgway, located in Illinois, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Ridgway has a population of 809, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Ridgway is $103,245, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Ridgway average around $452,110, which is relatively high compared to other cities in Illinois.

Employment and Safety

The unemployment rate in Ridgway is 4.80%, which is lower than the state average, indicating a relatively strong job market. Ridgway has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Ridgway shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Ridgway offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Ridgway

What is the population of Ridgway?

The population of Ridgway is approximately 809.

Is Ridgway a good place to live?

Ridgway offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Ridgway?

The median household income in Ridgway is around $103,245.

How expensive is housing in Ridgway?

The average housing price in Ridgway is approximately $452,110.