Ridgway, IL
Population 764 · Illinois
About Ridgway, IL
Ridgway is a small community in Illinois with a population of 764 residents. The median household income is $42,404 per year, which is below the national average. The median age in Ridgway is 44.5 years.
Housing in Ridgway has a median home value of $73,700 and median monthly rent of $732. Of the 436 total housing units, the majority are owner-occupied, with 305 owner-occupied and 66 renter-occupied units.
The unemployment rate in Ridgway is 3.4% and the poverty rate is 9.8%. 14.0% of residents hold a bachelor's degree or higher. The average commute time is 24.9 minutes.
Cost of Living in Ridgway, IL
Compared to national averages, Ridgway has a median household income of $42,404 (44% below the national median of $75,149). Home values average $73,700, which is 70% below the national median. Monthly rent at $732 is 37% below the US average of $1,163. Within Illinois, Ridgway's income is 44% below the state average of $75,072, and home values are 56% below the state median of $165,779.
Why Live in Ridgway, IL?
Ridgway offers affordable housing with a median home value of $73,700, below the US average of $244,900, and rent that’s lower than the national average at $732/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 9.8%, better than the national average, and short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($42,404) that falls below the national average. However, Ridgway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgway has a population of 764 with a median age of 44.5 years. Compare Ridgway with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Ridgway
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elizabeth | 764 | $47,500 | $115,500 | Compare |
| Ashkum | 765 | $67,500 | $136,500 | Compare |
| Lake Carroll | 763 | $101,250 | $317,900 | Compare |
| Tiskilwa | 762 | $60,750 | $88,300 | Compare |
| Bartelso | 768 | $93,929 | $192,000 | Compare |
| Kirkwood | 769 | $70,385 | $89,500 | Compare |
| Lake Petersburg | 769 | $124,643 | $336,200 | Compare |
| West Salem | 769 | $50,500 | $65,800 | 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.
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Frequently Asked Questions about Ridgway
What is the population of Ridgway, IL?
The population of Ridgway, IL is 764 according to the latest Census data.
What is the median household income in Ridgway?
The median household income in Ridgway, IL is $42,404 per year.
What is the median home value in Ridgway?
The median home value in Ridgway, IL is $73,700.
What is the average rent in Ridgway?
The median monthly rent in Ridgway, IL is $732.
What is the unemployment rate in Ridgway?
The unemployment rate in Ridgway, IL is 3.4%.