Ridgeway, MO
Population 525 · Missouri
About Ridgeway, MO
Ridgeway is a small community located in Missouri with a population of 525 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,188 per year, which is 51% below the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ridgeway features a median home value of $65,700, which is 73% below the national median of $244,900. This makes Ridgeway one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $713, 39% below the national average of $1,163/month. Of the 216 total housing units, 60% are owner-occupied (88 units) and 40% are renter-occupied (59 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ridgeway shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 25.7%, above the national average of 12.4%. Workers in Ridgeway have an average one-way commute time of 14.8 minutes, one of the shorter commutes in the region.
Education & Demographics
6.8% of Ridgeway residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ridgeway, MO
Compared to national averages, Ridgeway has a median household income of $37,188 (51% below the national median of $75,149). Home values average $65,700, which is 73% below the national median. Monthly rent at $713 is 39% below the US average of $1,163. Within Missouri, Ridgeway's income is 39% below the state average of $61,047, and home values are 56% below the state median of $150,786.
Why Live in Ridgeway, MO?
Ridgeway offers affordable housing with a median home value of $65,700, below the US average of $244,900, and rent that’s lower than the national average at $713/month, and short commute times averaging just 14.8 minutes.
Potential considerations include median household income ($37,188) that falls below the national average. However, Ridgeway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgeway has a population of 525 with a median age of 40.5 years. Compare Ridgeway with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Ridgeway
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Platte Woods | 528 | $126,250 | $312,800 | Compare |
| Asbury | 531 | $0 | $79,400 | Compare |
| Breckenridge | 532 | $35,000 | $48,900 | Compare |
| De Kalb | 532 | $92,143 | $127,100 | Compare |
| Goose Creek Lake | 533 | $55,147 | $135,600 | Compare |
| Irondale | 534 | $31,750 | $100,000 | Compare |
| Hale | 535 | $50,313 | $76,000 | Compare |
| Butterfield | 536 | $52,045 | $86,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Ridgeway With Other Cities
Frequently Asked Questions about Ridgeway
What is the population of Ridgeway, MO?
The population of Ridgeway, MO is 525 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Ridgeway?
The median household income in Ridgeway, MO is $37,188 per year, which is 51% below the national median of $75,149.
What is the median home value in Ridgeway?
The median home value in Ridgeway, MO is $65,700, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ridgeway?
The median monthly rent in Ridgeway, MO is $713, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Ridgeway?
The unemployment rate in Ridgeway, MO is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ridgeway, MO a good place to live?
Ridgeway offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 525 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Ridgeway, MO?
6.8% of residents in Ridgeway aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Ridgeway?
Key cost-of-living indicators for Ridgeway, MO: median home value is $65,700 (73% below national), median rent is $713/month, and median household income is $37,188. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ridgeway?
The poverty rate in Ridgeway, MO is 25.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ridgeway, MO?
Ridgeway's population is 0.8% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.