Ridgely, MD

Full City Profile · Maryland · Caroline County County

3.5 /5.0
B+ Good
1,685 Population 906/sq mi density
$64,432 Median Income $32,170 per capita
$236,000 Home Value $373,571 Zillow
$1,070 Median Rent 28.7% income on rent
55°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$64,432 median income, 5.9% unemployment
A+
Affordability
4.6 / 5.0
$236,000 home value, $1,070/mo rent
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher

Ridgely, MD

At a Glance

Median Income
$64,432
14% below
$32,170 per capita
Home Value
$236,000
16% below
Zillow: $373,571
Median Rent
$1,070/mo
8% below
28.7% of income on rent
Bachelor's Degree+
14.1%
58% below
83.9% high school+
Unemployment
5.9%
64% above
5.0% poverty rate
Obesity Rate
39.7%
24% above
15.9% smoking rate
Avg Temperature
55°F

How Ridgely Compares to the U.S. Average

Each bar shows Ridgely's value as a percentage of the national average (100% = U.S. avg)

Income
86%
Home Value
84%
Rent
92%
Poverty
40%
Bachelor's
42%
Unemployment
164%
Thin vertical line = U.S. national average (100%)

Is Ridgely a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Ridgely residents earn a median household income of $64,432 , which is 14% below the national average of $75,149. Per capita income is $32,170. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 732 business establishments, including 37 restaurants.

Housing & Cost of Living

The median home value in Ridgely is $236,000 , 16% below the national median of $281,900. Zillow estimates the typical home at $373,571. Median rent is $1,070/month, with 28.7% of renters spending more than 30% of income on housing. The cost of living index is 105.0 (100 = national average). The median home was built in 1984.

Education

14.1% of adults in Ridgely hold a bachelor's degree or higher (58% below the national average). 83.9% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Ridgely has an average annual temperature of 55°F (13°C). Winters average 35°F in January while summers reach 77°F in July. Annual precipitation totals 50.0 inches.

Data Overview

People

Population1,685
Median Age36.1 yrs
Density906/mi²
Male / Female41% / 60%
Foreign Born9.2%
Veterans7.2%

Economy

B+
Median Income$64,432
Per Capita$32,170
Unemployment5.9%
Poverty5.0%
County GDP$1,590M
Avg Weekly Wage$1,034

Housing

A+
Home Value$236,000
Rent$1,070
Ownership63.1%
Zillow$373,571
Housing Units691
Rent Burden28.7%

Health

Obesity39.7%
Diabetes10.8%
Smoking15.9%
Heart Disease5.5%
Premature Death10,061/100K

Climate

Avg Temp55°F
Rain50.0 in/yr
Elevation62 ft

Education

C
Bachelor's+14.1%
High School+83.9%
Graduate+5.9%
School Score5.9/10

Community

2024 VoteR 68% / D 30%
Commute34 min
Broadband82.4%
Internet Speed97 Mbps
EV Stations3
Libraries3

Did You Know?

The median home in Ridgely was built in 1984.
The nearest airport is Cambridge-Dorchester Regional (30 miles).
The Gini coefficient (income inequality) is 0.457 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.1% of the population has a disability.
The county recorded 5 fatal vehicle crashes.