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Ridgeway

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

Median Home$202,059
Median Rent$866/month
Population317
Leading IndustriesRetail · Finance & Insurance · Information & Media24% retail
Home Value Growth+3.9% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Ridgeway
OH

Frequently Asked Questions

What are today's mortgage rates in Ridgeway?

As of today, the 30-year fixed mortgage rate for Ridgeway is approximately 7.059% (7.101% 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 Ridgeway?

The median home value in Ridgeway is $202k. The median monthly rent is $866. Annual property taxes average $2k. 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 3.9% over the past two years. This represents moderate growth. 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 $1,027/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ridgeway is $88k/year.

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What industries drive the economy in Ridgeway?

The largest employment sectors in Ridgeway are retail (24%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.