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Ridgedale Local

Learn about the people, housing, costs and businesses in Ridgedale Local, Ohio

Median Home$172,083
Median Rent$887/month
Population4,613
Leading IndustriesRetail · Construction · Agriculture & Mining23% retail
Home Value Growth⬆⬆⬆+25.2% over 2 years
Retirees28% of residentswell above average
Homeowners75% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
NotableAffordable Market$172k median home · lower cost than 74% of the country
Ridgedale Local
OH

Frequently Asked Questions

What are today's mortgage rates in Ridgedale Local?

As of today, the 30-year fixed mortgage rate for Ridgedale Local is approximately 7.002% (7.045% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ridgedale Local?

The median home value in Ridgedale Local is $172k. The median monthly rent is $887. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ridgedale Local?

Home values in Ridgedale Local have increased 25.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ridgedale Local?

Based on a typical all-in ownership cost of $916/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ridgedale Local is $70k/year.

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What industries drive the economy in Ridgedale Local?

The largest employment sectors in Ridgedale Local are public administration (26%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.