Ridgeway, SC
Population 240 · South Carolina
About Ridgeway, SC
Ridgeway is a small community located in South Carolina with a population of 240 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,143 per year, which is 37% below the national median of $75,149. The median age of 50.8 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 $187,500, which is 23% below the national median of $244,900. This positions Ridgeway in a moderately priced market relative to the rest of the country. Median monthly rent is $671, 42% below the national average of $1,163/month. Of the 170 total housing units, 58% are owner-occupied (71 units) and 42% are renter-occupied (51 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 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 38.8%, above the national average of 12.4%. Workers in Ridgeway have an average one-way commute time of 26.5 minutes.
Education & Demographics
23.4% 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 0.0% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 0.0% Asian residents, with 2.1% of the population being foreign-born.
How Ridgeway Ranks in South Carolina
Cost of Living in Ridgeway, SC
Compared to national averages, Ridgeway has a median household income of $47,143 (37% below the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $671 is 42% below the US average of $1,163. Within South Carolina, Ridgeway's income is 20% below the state average of $58,738, and home values are 7% below the state median of $202,187.
Why Live in Ridgeway, SC?
Ridgeway offers affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $671/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($47,143) 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 240 with a median age of 50.8 years. Compare Ridgeway with other cities to see how it stacks up, or explore all cities in South Carolina.
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Other Cities in South Carolina
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, SC?
The population of Ridgeway, SC is 240 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Carolina.
What is the median household income in Ridgeway?
The median household income in Ridgeway, SC is $47,143 per year, which is 37% below the national median of $75,149.
What is the median home value in Ridgeway?
The median home value in Ridgeway, SC is $187,500, which is 23% 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, SC is $671, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Ridgeway?
The unemployment rate in Ridgeway, SC is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ridgeway, SC a good place to live?
Ridgeway offers a moderate cost of living, affordable housing, and a strong job market. With a population of 240 and a median age of 50.8, the city appeals to established professionals and retirees.
How educated is Ridgeway, SC?
23.4% 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, SC: median home value is $187,500 (23% below national), median rent is $671/month, and median household income is $47,143. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Ridgeway?
The poverty rate in Ridgeway, SC is 38.8%, 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, SC?
Ridgeway's population is 0.0% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 0.0% Asian, and 30.8% two or more races. 2.1% of residents are foreign-born.