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Ridgeway, AK

Full City Profile · Alaska · Kenai Peninsula Borough County

3.5 /5.0
B+ Good
2,174 Population 129/sq mi density
$95,000 Median Income $45,478 per capita
$305,000 Home Value $349,681 Zillow
36°F Avg Temperature 274 sunny days/yr
406 Violent Crime/100K 4,175 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$95,000 median income, 5.7% unemployment
A+
Affordability
4.9 / 5.0
$305,000 home value, /mo rent
F
Safety
1.0 / 5.0
406 violent crimes/100K (7% above avg)
B+
Education
3.8 / 5.0
34.7% bachelor's degree or higher

Housing Overview

Median Home Value
$305,000
8% above
US avg: $281,900
Homeownership Rate
72.7%
11% above US avg (65.4%)
Total Housing Units
1,261
Median year built: 1989

Home Value by Source

Census Median
$305,000
Zillow (ZHVI)
$349,681
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.7%
Owner-Occupied
27.3%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1989
Average age of housing stock: 37 years
Homeownership Rate
72.7%

Complete Housing Data

Home Values

Census Median Value$305,000
Zillow Home Value (ZHVI)$349,681

Rent

FMR Studio$1,061
FMR 1-Bedroom$1,194
FMR 2-Bedroom$1,467
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,304

Market

Ownership & Stock

Owner-Occupied72.7%
Renter-Occupied27.3%
Homeownership Rate72.7%
Total Housing Units1,261
Median Year Built1989
Rent Burden51.0%