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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 2.7% (25% below 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 $107,158. 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 914 violent crimes per 100,000 residents , which is 141% above the national average of 380/100K. Property crime is 1,158/100K. The murder rate is 0.0/100K.
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 58°F (14°C). Winters average 35°F in January while summers reach 78°F in July. The area gets 299 sunny days per year. Annual precipitation totals 53.2 inches. Air quality is rated Good with a median AQI of 40.