Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.6 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 28.3% ▲ 183% above avg |
| College Grads | 15.9% ▼ 59% below avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 135 (10.9%) |
| HS Graduate | 508 (40.9%) |
| Some College | 221 (17.8%) |
| Associates | 182 (14.6%) |
| Bachelors | 43 (3.5%) |
| Graduate Degree | 154 (12.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $33,750 ▼ 56% below avg |
|---|---|
| Median Home Value | $80,200 ▼ 71% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $613/mo |
| Total Housing Units | 1,126 |
| Vacant Units | 169 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ridgely is a city in Tennessee, located in Lake County. The city spans 1 ZIP code and is home to approximately 2,492 residents. It is a relatively young city, with a median age of 32.6 years.
Economically, Ridgely is a lower-income community. The median household income of $33,750 is well below the national average. Approximately 28.3% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Ridgely is one of the more affordable housing markets in the country. Median home values stand at $80,200, which is well below the national average. Renters typically pay around $613 per month.
The population of Ridgely is less-educated. 15.9% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (70.79%).
Ridgely, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 38080 | 2,492 | $33,750 | $80,200 | $613 | 5.2% | 15.9% | 40.9% |