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Ridgely, Tennessee Demographics & Population 2026

Lowest IncomeAmong the lowest median incomes in Tennessee
High PovertyPoverty rate of 43.6% is well above the state average

During the 2020–2024 ACS period, Ridgely, Tennessee had a total population of 1,796, the 240th largest town in Tennessee, with a median household income of $24,390, which is 65% lower than the state average. The poverty rate is 43.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Ridgely Quick Facts

Population 1,796
Median Household Income $24,390
Median Home Value $83,300
Poverty Rate 43.6%
Unemployment Rate 8.0%
Median Age 35.8 years
Homeownership Rate 41.7%
Affordability Ratio 3.4x
Bachelor's Degree or Higher 12.1%
High School Graduation Rate 65.9%
Diversity Index 46/100
Population 1,796 240th of 502
Median Income $24,390 bottom 10%
Poverty Rate 43.6% 250% higher than national
Median Home Value $83,300 bottom 10%

How Ridgely Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,7231,796+4.2%
Median household income$24,412$24,390-0.1%
Median home value$74,500$83,300+11.8%

How Ridgely Compares

Economy & Housing

Household Income Distribution

Under $25K 51.3%
$25K-$50K 21.1%
$50K-$100K 17.1%
$100K+ 10.4%
Detailed income brackets
Under $10K
16.6%
$10K-$15K
22.0%
$15K-$20K
5.0%
$20K-$25K
7.8%
$25K-$30K
6.8%
$30K-$35K
3.8%
$35K-$40K
6.6%
$40K-$45K
2.3%
$45K-$50K
1.7%
$50K-$60K
5.3%
$60K-$75K
4.3%
$75K-$100K
7.4%
$100K-$125K
4.2%
$125K-$150K
5.1%
$150K-$200K
0.6%
$200K+
0.5%

Employment

8.0% Unemployment Rate State: 4.7%|National: 5.2%
41.1% Labor Force Participation

Housing Overview

Owner 41.7%
Renter 58.3%
Affordability Index Affordable
3.4x home value to income ratio
Median gross rent $560/mo 27.6% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 46 | National average: 61

Education

Ridgely Rankings in Tennessee

#240 Population of 502
#452 Median Income of 453
#352 Education of 502
#452 Home Value of 464

Other Cities in Lake County

CityPopulationMedian IncomePovertyHome Value
Tiptonville 3,572 $23,027 38.4% $106,500
Wynnburg 16 N/A 0.0% N/A

Cities Similar to Ridgely

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Huntsville1,814$31,313$201,10013.9%30.9%
Celina1,941$32,220$203,20010.2%28.0%
Benton1,560$29,414$184,20012.0%22.7%
Rocky Top1,607$32,868$149,1006.2%36.6%
Sneedville1,364$24,500$151,0007.0%48.4%

Population Overview

Ridgely is a small community located in Tennessee, within Lake County. The total population is 1,796. It ranks as the 240th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Ridgely is 35.8 years. This is 8% lower than the state median of 38.9 years. With 28.4% of the population under 18, Ridgely has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Ridgely is $24,390. This is 65% lower than the state median of $69,595. It is also 70% lower than the national median of $80,734. The poverty rate stands at 43.6%. This is 217% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.0%. This is 72% higher than the state rate of 4.7%. The median home value is $83,300. Housing costs are 71% lower than the state median of $286,700. The home-value-to-income ratio is 3.4x. 41.7% of occupied housing units are owner-occupied. This homeownership rate is 38% lower than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Ridgely is White (non-Hispanic), making up 69.9% of the population. Black or African American residents account for 22.3%. The Hispanic or Latino population (1.3%) is well below the state average of 7.4%.

Education

12.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 65.9%.

Data Sources & Methodology

All demographic data for Ridgely, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Ridgely, Tennessee?

Ridgely, Tennessee has a population of 1,796 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ridgely, TN?

The median household income in Ridgely is $24,390, which is 70% lower than the national median of $80,734.

What is the poverty rate in Ridgely, TN?

The poverty rate in Ridgely is 43.6%. This means approximately 738 residents live below the federal poverty line.

What is the racial makeup of Ridgely, Tennessee?

Ridgely's population is 69.9% White, 22.3% Black, 1.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Ridgely, TN?

The median home value in Ridgely is $83,300. The home-value-to-income ratio is 3.4x.

How educated is Ridgely, Tennessee?

12.1% of adults (25+) in Ridgely hold a bachelor's degree or higher, and 4.0% hold a graduate or professional degree.