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Ridgeland, MS

Full City Profile · Mississippi · Madison County County

3.6 /5.0
B+ Good
24,548 Population 935/sq mi density
$63,470 Median Income $48,807 per capita
$259,600 Home Value $277,756 Zillow
$1,204 Median Rent 31.7% income on rent
66°F Avg Temperature 304 sunny days/yr
273 Violent Crime/100K 2,007 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$63,470 median income, 3.5% unemployment
A
Affordability
4.4 / 5.0
$259,600 home value, $1,204/mo rent
F
Safety
1.0 / 5.0
273 violent crimes/100K
A+
Education
5.0 / 5.0
50.4% bachelor's degree or higher

Housing Overview

Median Home Value
$259,600
8% below
US avg: $281,900
Median Rent
$1,204/mo
4% above
US avg: $1,163/mo
Homeownership Rate
47.8%
27% below US avg (65.4%)
Total Housing Units
11,821
Median year built: 1989

Home Value by Source

Census Median
$259,600
Zillow (ZHVI)
$277,756
Median Sale Price
$299,500
Median List Price
$295,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

47.8%
Owner-Occupied
52.2%
Renter-Occupied
48%
52%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$751/mo
1 Bedroom
$782/mo
2 Bedroom
$924/mo
3 Bedroom
$1,177/mo
4 Bedroom
$1,295/mo
Census median rent: $1,204/mo · Zillow rent: $1,457/mo

Market Indicators (Redfin)

Median Days on Market
17 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
24.1%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
58
homes for sale

Affordability & Housing Stock

Rent Burden
31.7%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
47.8%

Complete Housing Data

Home Values

Census Median Value$259,600
Zillow Home Value (ZHVI)$277,756
Median Sale Price$299,500
Median List Price$295,000
Price Per Sq Ft$155

Rent

Census Median Rent$1,204
Zillow Rent (ZORI)$1,457
FMR Studio$751
FMR 1-Bedroom$782
FMR 2-Bedroom$924
FMR 3-Bedroom$1,177
FMR 4-Bedroom$1,295

Market

Days on Market17
Sale-to-List Ratio1.0%
Price Drops24.1%
Homes Sold8
Active Inventory58
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied47.8%
Renter-Occupied52.2%
Homeownership Rate47.8%
Total Housing Units11,821
Median Year Built1989
Rent Burden31.7%