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Ridgely, MD
Full City Profile · Maryland · Caroline County County
2.9
/5.0
C+
Fair
1,685
Population
906/sq mi density
$64,432
Median Income
$32,170 per capita
$236,000
Home Value
$361,325 Zillow
$1,070
Median Rent
28.7% income on rent
55°F
Avg Temperature
293 sunny days/yr
242
Violent Crime/100K
2,542 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$64,432 median income, 4.4% unemployment
A+
Affordability
4.6 / 5.0
$236,000 home value, $1,070/mo rent
F
Safety
1.0 / 5.0
242 violent crimes/100K
C
Education
2.1 / 5.0
14.1% bachelor's degree or higher
Housing Overview
Median Home Value
$236,000
16% below
US avg: $281,900
Median Rent
$1,070/mo
8% below
US avg: $1,163/mo
Homeownership Rate
63.1%
4% below US avg (65.4%)
Total Housing Units
691
Median year built: 1984
Home Value by Source
Census Median
$236,000
Zillow (ZHVI)
$361,325
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
63.1%
Owner-Occupied
36.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,070/mo
Affordability & Housing Stock
Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
63.1%
Complete Housing Data
Home Values
| Census Median Value | $236,000 |
| Zillow Home Value (ZHVI) | $361,325 |
Rent
| Census Median Rent | $1,070 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
Ownership & Stock
| Owner-Occupied | 63.1% |
| Renter-Occupied | 36.9% |
| Homeownership Rate | 63.1% |
| Total Housing Units | 691 |
| Median Year Built | 1984 |
| Rent Burden | 28.7% |