Ridgefield, IL
Population 218 · Illinois
About Ridgefield, IL
Ridgefield is a small community located in Illinois with a population of 218 residents according to the latest US Census Bureau American Community Survey data. The median household income is $133,454 per year, which is 78% above the national median of $75,149. The median age of 34.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ridgefield features a median home value of $265,400, which is 8% above the national median of $244,900. This positions Ridgefield in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 65 total housing units, 100% are owner-occupied (65 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ridgefield shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ridgefield have an average one-way commute time of 47.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
71.7% 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 8.3% of the population being foreign-born.
How Ridgefield Ranks in Illinois
Cost of Living in Ridgefield, IL
Compared to national averages, Ridgefield has a median household income of $133,454 (78% above the national median of $75,149). Home values average $265,400, which is 8% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Ridgefield's income is 78% above the state average of $75,072, and home values are 60% above the state median of $165,779.
Why Live in Ridgefield, IL?
Ridgefield offers a strong local economy with a median household income of $133,454, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 71.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Ridgefield has a population of 218 with a median age of 34.5 years. Compare Ridgefield with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Ridgefield
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cedar Point | 218 | $59,028 | $87,300 | Compare |
| Sibley | 218 | $54,583 | $85,000 | Compare |
| Allerton | 217 | $51,667 | $106,700 | Compare |
| Cabery | 219 | $54,375 | $96,700 | Compare |
| Caledonia | 219 | $86,513 | $161,800 | Compare |
| Calhoun | 219 | $84,063 | $51,200 | Compare |
| East Carondelet | 219 | $65,417 | $76,700 | Compare |
| Shumway | 217 | $76,250 | $103,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
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, IL?
The population of Ridgefield, IL is 218 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Ridgefield?
The median household income in Ridgefield, IL is $133,454 per year, which is 78% above the national median of $75,149.
What is the median home value in Ridgefield?
The median home value in Ridgefield, IL is $265,400, which is 8% 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, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ridgefield?
The unemployment rate in Ridgefield, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ridgefield, IL a good place to live?
Ridgefield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 218 and a median age of 34.5, the city appeals to young professionals and families.
How educated is Ridgefield, IL?
71.7% 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, IL: median home value is $265,400 (8% above national), median rent is $0/month, and median household income is $133,454. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ridgefield?
The poverty rate in Ridgefield, IL is 0.0%, 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, IL?
Ridgefield's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 8.3% of residents are foreign-born.