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Ridgway town, Colorado Demographics & Population 2026

As of 2026, Ridgway town, Colorado has a total population of 1,247, the 203rd largest city in Colorado, with a median household income of $88,218, which is 5% lower than the state average. The poverty rate is 12.2%.

Key Takeaways

Ridgway town Quick Facts

Population 1,247
Median Household Income $88,218
Median Home Value $677,700
Poverty Rate 12.2%
Unemployment Rate 8.4%
Median Age 41.1 years
Homeownership Rate 55.0%
Affordability Ratio 7.7x
Bachelor's Degree or Higher 53.3%
High School Graduation Rate 98.8%
Diversity Index 27/100
Population 1,247 203rd of 471
Median Income $88,218 average
Poverty Rate 12.2% 2% lower national
Median Home Value $677,700 top 30%

How Ridgway town Compares

Economy & Housing

Employment

8.4% Unemployment Rate State: 4.5% | National: 5.2%
74.5% Labor Force Participation

Housing Overview

Owner 55.0%
Renter 45.0%
Affordability Index Very Expensive
7.7x home value to income ratio

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 60

Education

Ridgway town Rankings in Colorado

#203 Population of 471
#167 Median Income of 471
#122 Education of 471
#90 Home Value of 471

Cities Similar to Ridgway town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wiggins town1,202$89,948$322,90021.8%5.6%
Dotsero CDP1,321$93,000$471,60020.5%1.7%
Fraser town1,189$81,786$593,80039.4%15.0%
Deer Trail town1,180$76,250$374,10014.4%15.3%
Ignacio town1,255$65,759$252,20017.5%14.3%

Population Overview

Ridgway town is a small community located in Colorado. The total population is 1,247. It ranks as the 203rd most populous out of 471 cities and towns in Colorado.

Age Demographics

The median age in Ridgway town is 41.1 years. This is 10% higher than the state median of 37.5 years.

Economy, Income & Housing

The median household income in Ridgway town is $88,218. This is 5% lower than the state median of $92,470. Compared to the national median of $78,538, household income here is 12% higher. The poverty rate stands at 12.2%. This is 30% higher than the state poverty rate of 9.4%. The unemployment rate is 8.4%. This is 88% higher than the state rate of 4.5%. The median home value is $677,700. Housing costs are 35% higher than the state median of $502,200. The home-value-to-income ratio of 7.7x suggests that housing affordability is a significant concern for many residents. 55.0% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 66.3%.

Race & Ethnicity

The largest racial or ethnic group in Ridgway town is White (non-Hispanic), making up 84.9% of the population. Hispanic or Latino residents account for 4.7%. The Hispanic or Latino population (4.7%) is well below the state average of 22.2%. The Asian population (0.7%) is well below the state average of 3.2%.

Education

53.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% higher than the state rate of 44.7%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.8%. Notably, 21.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Ridgway town, Colorado is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Colorado state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 471 Census-designated places in Colorado. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Ridgway town, Colorado?

Ridgway town, Colorado has a population of 1,247 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ridgway town, CO?

The median household income in Ridgway town is $88,218, which is 12% higher the national median of $78,538.

What is the poverty rate in Ridgway town, CO?

The poverty rate in Ridgway town is 12.2%. This means approximately 151 residents live below the federal poverty line.

What is the racial makeup of Ridgway town, Colorado?

Ridgway town's population is 84.9% White, 2.6% Black, 4.7% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Ridgway town, CO?

The median home value in Ridgway town is $677,700. The home-value-to-income ratio is 7.7x.

How educated is Ridgway town, Colorado?

53.3% of adults (25+) in Ridgway town hold a bachelor's degree or higher, and 21.2% hold a graduate or professional degree.