Ridgway, CO
Population 1,247 · Colorado
About Ridgway, CO
Ridgway is a small community in Colorado with a population of 1,247 residents. The median household income is $88,218 per year, which is above the national average. The median age in Ridgway is 41.1 years.
Housing in Ridgway has a median home value of $677,700 and median monthly rent of $1,336. Of the 702 total housing units, the majority are owner-occupied, with 354 owner-occupied and 289 renter-occupied units.
The unemployment rate in Ridgway is 8.4% and the poverty rate is 12.2%. 53.3% of residents hold a bachelor's degree or higher. The average commute time is 31.4 minutes.
Cost of Living in Ridgway, CO
Compared to national averages, Ridgway has a median household income of $88,218 (17% above the national median of $75,149). Home values average $677,700, which is 177% above the national median. Monthly rent at $1,336 is 15% above the US average of $1,163. Within Colorado, Ridgway's income is 0% below the state average of $88,514, and home values are 48% above the state median of $457,127.
Why Live in Ridgway, CO?
Ridgway offers a strong local economy with a median household income of $88,218, well above the national average, and a well-educated community where 53.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 12.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $677,700. However, Ridgway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgway has a population of 1,247 with a median age of 41.1 years. Compare Ridgway with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Ridgway
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ignacio | 1,255 | $65,759 | $252,200 | Compare |
| Wiggins | 1,202 | $89,948 | $322,900 | Compare |
| Julesburg | 1,193 | $48,056 | $131,100 | Compare |
| Fraser | 1,189 | $81,786 | $593,800 | Compare |
| Deer Trail | 1,180 | $76,250 | $374,100 | Compare |
| Aetna Estates | 1,177 | $63,887 | $58,200 | Compare |
| Kersey | 1,318 | $61,136 | $317,900 | Compare |
| Indian Hills | 1,320 | $173,125 | $757,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ridgway
What is the population of Ridgway, CO?
The population of Ridgway, CO is 1,247 according to the latest Census data.
What is the median household income in Ridgway?
The median household income in Ridgway, CO is $88,218 per year.
What is the median home value in Ridgway?
The median home value in Ridgway, CO is $677,700.
What is the average rent in Ridgway?
The median monthly rent in Ridgway, CO is $1,336.
What is the unemployment rate in Ridgway?
The unemployment rate in Ridgway, CO is 8.4%.