Ridgeway, OH
Population 251 · Ohio
About Ridgeway, OH
Ridgeway is a small community located in Ohio with a population of 251 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,875 per year, which is 18% below the national median of $75,149. The median age of 45.5 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 Ridgeway features a median home value of $126,700, which is 48% 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 $950, 18% below the national average of $1,163/month. Of the 122 total housing units, 89% are owner-occupied (90 units) and 11% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ridgeway shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ridgeway have an average one-way commute time of 25.5 minutes.
Education & Demographics
14.2% 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 3.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.0% of the population being foreign-born.
How Ridgeway Ranks in Ohio
Cost of Living in Ridgeway, OH
Compared to national averages, Ridgeway has a median household income of $61,875 (18% below the national median of $75,149). Home values average $126,700, which is 48% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Ohio, Ridgeway's income is 14% below the state average of $71,814, and home values are 27% below the state median of $174,449.
Why Live in Ridgeway, OH?
Ridgeway offers affordable housing with a median home value of $126,700, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a strong job market with an unemployment rate of just 0.8%. Additionally, the city features a low poverty rate of 2.0%, better than the national average.
Potential considerations include median household income ($61,875) 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 251 with a median age of 45.5 years. Compare Ridgeway with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Ridgeway
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Maplewood Park | 251 | $50,855 | $0 | Compare |
| Roswell | 251 | $53,750 | $86,700 | Compare |
| East Rochester | 250 | $46,500 | $135,900 | Compare |
| Buckland | 249 | $74,583 | $102,900 | Compare |
| Dellroy | 253 | $55,500 | $114,900 | Compare |
| Stratton | 249 | $36,607 | $39,700 | Compare |
| Gordon | 248 | $75,500 | $118,500 | Compare |
| Robertsville | 248 | $55,370 | $106,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ridgeway
What is the population of Ridgeway, OH?
The population of Ridgeway, OH is 251 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Ridgeway?
The median household income in Ridgeway, OH is $61,875 per year, which is 18% below the national median of $75,149.
What is the median home value in Ridgeway?
The median home value in Ridgeway, OH is $126,700, which is 48% 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, OH is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Ridgeway?
The unemployment rate in Ridgeway, OH is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ridgeway, OH a good place to live?
Ridgeway offers a moderate cost of living, affordable housing, and a strong job market. With a population of 251 and a median age of 45.5, the city appeals to established professionals and retirees.
How educated is Ridgeway, OH?
14.2% 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, OH: median home value is $126,700 (48% below national), median rent is $950/month, and median household income is $61,875. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ridgeway?
The poverty rate in Ridgeway, OH is 2.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ridgeway, OH?
Ridgeway's population is 3.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.0% of residents are foreign-born.