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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 Rate2.7%
Poverty Rate48.1%
Gini Coefficient0.569
Cost of Living Index91.9

Commute

Mean Commute19 minutes
Drive Alone81.3%
Public Transit0.0%
Work From Home0.8%

Businesses

Total Establishments114
Restaurants9
Healthcare10
Retail14

Tax

IRS Avg AGI$45,085