Ridgely, TN
Full City Profile · Tennessee · Lake County County
2.6
/5.0
C+
Fair
1,723
Population
870/sq mi density
$24,412
Median Income
$17,923 per capita
$74,500
Home Value
$107,158 Zillow
$571
Median Rent
24.9% income on rent
58°F
Avg Temperature
299 sunny days/yr
914
Violent Crime/100K
1,158 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$24,412 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$74,500 home value, $571/mo rent
F
Safety
1.0 / 5.0
914 violent crimes/100K (141% above avg)
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Income Overview
Median Household Income
$24,412
68% below
US avg: $75,149
Per Capita Income
$17,923
54% below
US avg: $39,052
Unemployment Rate
2.7%
25% below
US avg: 3.6%
Poverty Rate
48.1%
288% above
US avg: 12.4%
Income Comparison: Ridgely vs. U.S. Average
Each bar shows Ridgely’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$24,412
32%
Per Capita
US: $39,052
$17,923
46%
IRS Avg AGI
US: $72,000
$45,085
63%
Avg Weekly Wage
US: $1,432
$926
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$926
35% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
0.8%
95% below US avg (15.2%)
Drive Alone
81.3%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$151M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.3%
Public Transit
0%
Work From Home
0.8%
Other
17.9%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
114
Restaurants
9
Healthcare
10
Retail
14
Tax & Financial
IRS Avg Adjusted Gross Income
$45,085
37% below US avg ($72,000)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $24,412 |
| Per Capita Income | $17,923 |
| IRS Avg Adjusted Gross Income | $45,085 |
| Avg Weekly Wage | $926 |
| County GDP | $151M |
Hardship Indicators
| Unemployment Rate | 2.7% |
| Poverty Rate | 48.1% |
| Gini Coefficient | 0.569 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 81.3% |
| Public Transit | 0.0% |
| Work From Home | 0.8% |
Businesses
| Total Establishments | 114 |
| Restaurants | 9 |
| Healthcare | 10 |
| Retail | 14 |
Tax
| IRS Avg AGI | $45,085 |
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