Ridgefield, CT
Population 7,103 · Connecticut
About Ridgefield, CT
Ridgefield is a small town located in Connecticut with a population of 7,103 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,286 per year, which is 91% above the national median of $75,149. The median age of 45.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Ridgefield features a median home value of $843,200, which is 244% above the national median of $244,900. This places Ridgefield in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,834, 58% above the national average of $1,163/month. Of the 3,135 total housing units, 74% are owner-occupied (2,122 units) and 26% are renter-occupied (760 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ridgefield shows an unemployment rate of 5.4%, which is near the national rate of 3.7%. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ridgefield have an average one-way commute time of 35.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
73.1% of Ridgefield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.7% White, 0.5% Hispanic or Latino, 1.5% Black or African American, and 3.2% Asian residents, with 13.4% of the population being foreign-born.
How Ridgefield Ranks in Connecticut
Cost of Living in Ridgefield, CT
Compared to national averages, Ridgefield has a median household income of $143,286 (91% above the national median of $75,149). Home values average $843,200, which is 244% above the national median. Monthly rent at $1,834 is 58% above the US average of $1,163. Within Connecticut, Ridgefield's income is 16% above the state average of $123,065, and home values are 63% above the state median of $516,920.
Why Live in Ridgefield, CT?
Ridgefield offers a strong local economy with a median household income of $143,286, well above the national average, and a well-educated community where 73.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $843,200. However, Ridgefield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgefield has a population of 7,103 with a median age of 45.7 years. Compare Ridgefield with other cities to see how it stacks up, or explore all cities in Connecticut.
Similar Cities Near Ridgefield
Cities in Connecticut with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Putnam | 7,120 | $63,209 | $236,000 | Compare |
| Winsted | 7,074 | $66,058 | $214,000 | Compare |
| New Canaan | 7,032 | $163,355 | $1,115,600 | Compare |
| Staples | 6,985 | $218,365 | $1,202,800 | Compare |
| Old Greenwich | 6,904 | $250,001 | $1,668,200 | Compare |
| Cos Cob | 7,354 | $176,602 | $1,149,500 | Compare |
| Thompsonville | 7,473 | $71,714 | $235,200 | Compare |
| Rockville | 6,657 | $51,607 | $192,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Connecticut
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ridgefield With Other Cities
Frequently Asked Questions about Ridgefield
What is the population of Ridgefield, CT?
The population of Ridgefield, CT is 7,103 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Connecticut.
What is the median household income in Ridgefield?
The median household income in Ridgefield, CT is $143,286 per year, which is 91% above the national median of $75,149.
What is the median home value in Ridgefield?
The median home value in Ridgefield, CT is $843,200, which is 244% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ridgefield?
The median monthly rent in Ridgefield, CT is $1,834, which is 58% above the national average of $1,163/month.
What is the unemployment rate in Ridgefield?
The unemployment rate in Ridgefield, CT is 5.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ridgefield, CT a good place to live?
Ridgefield offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 7,103 and a median age of 45.7, the city appeals to established professionals and retirees.
How educated is Ridgefield, CT?
73.1% of residents in Ridgefield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Ridgefield?
Key cost-of-living indicators for Ridgefield, CT: median home value is $843,200 (244% above national), median rent is $1,834/month, and median household income is $143,286. The home-value-to-income ratio is 5.9x, a moderate figure by national standards.
What is the poverty rate in Ridgefield?
The poverty rate in Ridgefield, CT is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ridgefield, CT?
Ridgefield's population is 0.7% White, 0.5% Hispanic or Latino, 1.5% Black or African American, 3.2% Asian, and 3.8% two or more races. 13.4% of residents are foreign-born.