Ridgeley, WV
Population 304 · West Virginia
About Ridgeley, WV
Ridgeley is a small community located in West Virginia with a population of 304 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,667 per year, which is 31% below the national median of $75,149. The median age of 41.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ridgeley features a median home value of $138,100, which is 44% below the national median of $244,900. This makes Ridgeley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $890, 23% below the national average of $1,163/month. Of the 242 total housing units, 81% are owner-occupied (131 units) and 19% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ridgeley shows an unemployment rate of 9.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ridgeley have an average one-way commute time of 15.5 minutes, one of the shorter commutes in the region.
Education & Demographics
10.6% of Ridgeley 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, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ridgeley, WV
Compared to national averages, Ridgeley has a median household income of $51,667 (31% below the national median of $75,149). Home values average $138,100, which is 44% below the national median. Monthly rent at $890 is 23% below the US average of $1,163. Within West Virginia, Ridgeley's income is 4% below the state average of $54,014, and home values are 8% above the state median of $128,301.
Why Live in Ridgeley, WV?
Ridgeley offers affordable housing with a median home value of $138,100, below the US average of $244,900, and rent that’s lower than the national average at $890/month, and a low poverty rate of 11.2%, better than the national average. Additionally, the city features short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($51,667) that falls below the national average. However, Ridgeley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ridgeley has a population of 304 with a median age of 41.7 years. Compare Ridgeley with other cities to see how it stacks up, or explore all cities in West Virginia.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ridgeley
What is the population of Ridgeley, WV?
The population of Ridgeley, WV is 304 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in West Virginia.
What is the median household income in Ridgeley?
The median household income in Ridgeley, WV is $51,667 per year, which is 31% below the national median of $75,149.
What is the median home value in Ridgeley?
The median home value in Ridgeley, WV is $138,100, which is 44% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ridgeley?
The median monthly rent in Ridgeley, WV is $890, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Ridgeley?
The unemployment rate in Ridgeley, WV is 9.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ridgeley, WV a good place to live?
Ridgeley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 304 and a median age of 41.7, the city appeals to a broad range of residents.
How educated is Ridgeley, WV?
10.6% of residents in Ridgeley 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 Ridgeley?
Key cost-of-living indicators for Ridgeley, WV: median home value is $138,100 (44% below national), median rent is $890/month, and median household income is $51,667. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ridgeley?
The poverty rate in Ridgeley, WV is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ridgeley, WV?
Ridgeley's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.0% two or more races. 0.0% of residents are foreign-born.