Ridgely, TN
Full City Profile · Tennessee · Lake County County
Ridgely, TN
At a Glance
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)
Is Ridgely a Good Place to Live?
Economy & Jobs
Ridgely residents earn a median household income of $24,412 , which is 68% below the national average of $75,149. Per capita income is $17,923. The unemployment rate stands at 6.7% (86% above the U.S. rate of 3.6%). 48.1% of residents live below the poverty line. The area is home to 114 business establishments, including 9 restaurants.
Housing & Cost of Living
The median home value in Ridgely is $74,500 , 74% below the national median of $281,900. Zillow estimates the typical home at $116,290. Median rent is $571/month, with 24.9% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1973.
Safety & Crime
Ridgely reports 686 violent crimes per 100,000 residents , which is 80% above the national average of 380/100K. Property crime is 343/100K.
Education
13.0% of adults in Ridgely hold a bachelor's degree or higher (61% below the national average). 63.2% have completed high school. Local schools score 3.7/10 in standardized testing.
Climate & Weather
Ridgely has an average annual temperature of 60°F (16°C). Winters average 38°F in January while summers reach 81°F in July. Annual precipitation totals 55.3 inches.