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Ridgeland

Learn about the people, housing, costs and businesses in Ridgeland, Mississippi

Median Home$322,028
Median Rent$1,813/month
Population23,998
Leading IndustriesEducation · Transportation · Professional Services3% education
Home Value Growth+10.1% over 2 years
Young Adults31% of residentsabove average nationally
Renters53% of occupied units
NotableAmenity Score82/100 · highly walkable area
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
Ridgeland
MS

Frequently Asked Questions

What are today's mortgage rates in Ridgeland?

As of today, the 30-year fixed mortgage rate for Ridgeland is approximately 6.954% (6.992% 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 Ridgeland?

The median home value in Ridgeland is $322k. The median monthly rent is $1,813. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ridgeland?

Home values in Ridgeland have increased 10.1% 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 Ridgeland?

Based on a typical all-in ownership cost of $1,431/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ridgeland is $83k/year.

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What industries drive the economy in Ridgeland?

The largest employment sectors in Ridgeland are public administration (26%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.