Park Ridge, WI
Population 589 · Wisconsin
About Park Ridge, WI
Park Ridge is a small community located in Wisconsin with a population of 589 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,083 per year, which is 9% above the national median of $75,149. The median age of 45.8 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 Park Ridge features a median home value of $265,200, which is 8% above the national median of $244,900. This positions Park Ridge in a moderately priced market relative to the rest of the country. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 266 total housing units, 87% are owner-occupied (217 units) and 13% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Park Ridge shows an unemployment rate of 4.9%, which is near the national rate of 3.7%. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Park Ridge have an average one-way commute time of 13.4 minutes, one of the shorter commutes in the region.
Education & Demographics
60.9% of Park Ridge residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 1.9% Asian residents, with 1.0% of the population being foreign-born.
How Park Ridge Ranks in Wisconsin
Cost of Living in Park Ridge, WI
Compared to national averages, Park Ridge has a median household income of $82,083 (9% above the national median of $75,149). Home values average $265,200, which is 8% above the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Wisconsin, Park Ridge's income is 13% above the state average of $72,579, and home values are 29% above the state median of $205,802.
Why Live in Park Ridge, WI?
Park Ridge offers a strong local economy with a median household income of $82,083, well above the national average, and rent that’s lower than the national average at $850/month, and a well-educated community where 60.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.6%, better than the national average, and short commute times averaging just 13.4 minutes.
Park Ridge has a population of 589 with a median age of 45.8 years. Compare Park Ridge with other cities to see how it stacks up, or explore all cities in Wisconsin.
Similar Cities Near Park Ridge
Cities in Wisconsin with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bayfield | 590 | $63,750 | $304,800 | Compare |
| Fremont | 592 | $71,875 | $210,200 | Compare |
| Soldiers Grove | 592 | $42,500 | $145,100 | Compare |
| Viola | 592 | $86,000 | $108,700 | Compare |
| Hatley | 593 | $87,188 | $196,700 | Compare |
| Alma Center | 583 | $64,375 | $121,300 | Compare |
| Plum City | 582 | $58,750 | $164,600 | Compare |
| Ridgeway | 599 | $71,563 | $175,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Wisconsin
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Park Ridge With Other Cities
Frequently Asked Questions about Park Ridge
What is the population of Park Ridge, WI?
The population of Park Ridge, WI is 589 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Wisconsin.
What is the median household income in Park Ridge?
The median household income in Park Ridge, WI is $82,083 per year, which is 9% above the national median of $75,149.
What is the median home value in Park Ridge?
The median home value in Park Ridge, WI is $265,200, which is 8% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Park Ridge?
The median monthly rent in Park Ridge, WI is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Park Ridge?
The unemployment rate in Park Ridge, WI is 4.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Park Ridge, WI a good place to live?
Park Ridge offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 589 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Park Ridge, WI?
60.9% of residents in Park Ridge aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Park Ridge?
Key cost-of-living indicators for Park Ridge, WI: median home value is $265,200 (8% above national), median rent is $850/month, and median household income is $82,083. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Park Ridge?
The poverty rate in Park Ridge, WI is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Park Ridge, WI?
Park Ridge's population is 1.5% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 1.9% Asian, and 0.0% two or more races. 1.0% of residents are foreign-born.