City

Ridgeway, VA

1 ZIP code  ·  Henry County  ·  Virginia

👥8,528Population
💰$54,155Median HH Income▼ 29% below avg
🎂45.3Median Age
🏠$131,100Median Home Value▼ 53% below avg
🎓32.0%College Grads▼ 17% below avg
📊3.0%Unemployment▼ 39% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 47.4% Female 52.6% ♀

Race & Ethnicity

White: 76.6%Hispanic: 6.1%Black: 14.1%Asian: 0.1%Other: 2.5%Race
White76.6%
Hispanic6.1%
Black14.1%
Asian0.1%
Other2.5%

Age Breakdown

Under 5
4%
5–17
21%
18–24
4%
25–44
20%
45–64
27%
65+
10%

Key Indicators

Median Age45.3 yrs
Avg HH Size2.73
Below Poverty12.2% ▲ 22% above avg
College Grads32.0% ▼ 17% below avg
Unemployment3.0% ▼ 39% below avg
No HS Diploma96 (1.8%)
HS Graduate1,456 (27%)
Some College1,064 (19.7%)
Associates1,052 (19.5%)
Bachelors787 (14.6%)
Graduate Degree940 (17.4%)

Education

No HS: 1.8%HS Grad: 27%Some College: 19.7%Associates: 19.5%Bachelors: 14.6%Graduate: 17.4%Edu
No HS1.8%
HS Grad27.0%
Some College19.7%
Associates19.5%
Bachelors14.6%
Graduate17.4%
Housing & Income

Housing Tenure

Owner: 84.2%Renter: 15.8%Tenure
Owner84.2%
Renter15.8%

Home Value Distribution

Under $50k
13%
$50k–$100k
17%
$100k–$150k
28%
$150k–$200k
16%
$200k–$300k
22%
$300k–$500k
3%
Over $500k
1%

Financials

Median HH Income$54,155 ▼ 29% below avg
Median Home Value$131,100 ▼ 53% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$770/mo
Total Housing Units3,876
Vacant Units844

Income Distribution

Under $25k
22%
$25k–$50k
19%
$50k–$75k
23%
$75k–$100k
10%
$100k–$150k
18%
$150k–$200k
5%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
92%
Public Transit
0%
Work From Home
8%

Commute Time

Under 15 min
17%
15–30 min
52%
30–45 min
16%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
16%
1960s–1970s
20%
1980s–1990s
10%
2000+
52%
About Ridgeway, VA

Ridgeway is a city in Virginia, located in Henry County. The city spans 1 ZIP code and is home to approximately 8,528 residents. It is a mature city, with a median age of 45.3 years.

Economically, Ridgeway is a working-class community. The median household income of $54,155 is below the national average. Approximately 12.2% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.

The real estate market in Ridgeway is one of the more affordable housing markets in the country. Median home values stand at $131,100, which is well below the national average. Renters typically pay around $770 per month. Homeownership is high at 84.2%, typical of suburban and family-oriented communities.

The population of Ridgeway is moderately educated. 32.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (76.59%).

Ridgeway, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in Ridgeway
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24148 8,528 $54,155 $131,100 $770 3.0% 32.0% 84.2%