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Ridgeway, VA

Full City Profile · Virginia · Martinsville city County

3.2 /5.0
B Good
1,082 Population 1,127/sq mi density
$60,938 Median Income $24,337 per capita
$147,400 Home Value $159,404 Zillow
$745 Median Rent 24.2% income on rent
56°F Avg Temperature 305 sunny days/yr
356 Violent Crime/100K 2,797 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$60,938 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$147,400 home value, $745/mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
C+
Education
2.7 / 5.0
21.4% bachelor's degree or higher

Income Overview

Median Household Income
$60,938
19% below
US avg: $75,149
Per Capita Income
$24,337
38% below
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
7.9%
36% below
US avg: 12.4%

Income Comparison: Ridgeway vs. U.S. Average

Each bar shows Ridgeway’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,938
81%
Per Capita
US: $39,052
$24,337
62%
IRS Avg AGI
US: $72,000
$50,699
70%
Avg Weekly Wage
US: $1,432
$836
58%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$836
42% below US avg ($1,432)
Mean Commute Time
35 min
26% above US avg (28 min)
Work From Home
10.0%
34% below US avg (15.2%)
Drive Alone
85.6%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 85.6%
Public Transit 0%
Work From Home 10%
Other 4.4%
Average commute time
35 minutes
US avg: 28 min

Business Landscape

Total Establishments
959
Restaurants
41
Healthcare
105
Retail
81
Manufacturing
19

Tax & Financial

IRS Avg Adjusted Gross Income
$50,699
30% below US avg ($72,000)
Avg Property Tax
$2,850
19% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,938
Per Capita Income$24,337
IRS Avg Adjusted Gross Income$50,699
Avg Weekly Wage$836

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate7.9%
Gini Coefficient0.514
Cost of Living Index101.1

Commute

Mean Commute35 minutes
Drive Alone85.6%
Public Transit0.0%
Work From Home10.0%

Businesses

Total Establishments959
Restaurants41
Healthcare105
Retail81
Manufacturing19

Tax

IRS Avg AGI$50,699
Avg Property Tax$2,850