Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Ridgeway

Learn about the people, housing, costs and businesses in Ridgeway, Iowa

Median Home$315,900
Median Rent$971/month
Population269
Leading IndustriesWholesale Trade · Professional Services · Construction18% wholesale trade
Home Value Growth⬆⬆⬆+41.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners78% of occupied units
Ridgeway
IA

Frequently Asked Questions

What are today's mortgage rates in Ridgeway?

As of today, the 30-year fixed mortgage rate for Ridgeway is approximately 7.063% (7.105% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Ridgeway
What is the median home price in Ridgeway?

The median home value in Ridgeway is $316k. The median monthly rent is $971. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ridgeway?

Home values in Ridgeway have increased 41.4% 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 Ridgeway?

Based on a typical all-in ownership cost of $1,254/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ridgeway is $81k/year.

Calculate your buying power
What industries drive the economy in Ridgeway?

The largest employment sectors in Ridgeway are wholesale trade (18%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.