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Ridgeway town, Virginia Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Ridgeway town, Virginia has a total population of 1,082, the 375th largest city in Virginia, with a median household income of $60,938, which is 33% lower than the state average. The poverty rate is 7.5%.

Key Takeaways

Ridgeway town Quick Facts

Population 1,082
Median Household Income $60,938
Median Home Value $147,400
Poverty Rate 7.5%
Unemployment Rate 1.3%
Median Age 35.4 years
Homeownership Rate 79.7%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 21.4%
High School Graduation Rate 87.5%
Diversity Index 55/100
Population 1,082 375th of 681
Median Income $60,938 below average
Poverty Rate 7.5% 39% lower national
Median Home Value $147,400 bottom 30%

How Ridgeway town Compares

Economy & Housing

Employment

1.3% Unemployment Rate State: 4.3% | National: 5.2%
53.7% Labor Force Participation

Housing Overview

Owner 79.7%
Renter 20.3%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

55out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Ridgeway town Rankings in Virginia

#375 Population of 681
#362 Median Income of 681
#393 Education of 681
#457 Home Value of 681

Cities Similar to Ridgeway town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elliston CDP1,041N/A$162,50015.5%42.3%
Wakefield town1,082$56,250$155,60020.0%7.7%
Riverdale CDP1,129$61,779$177,00019.5%10.2%
Castlewood CDP1,120$58,958$163,30015.5%11.7%
Innovation CDP1,139N/AN/A50.5%10.2%

Population Overview

Ridgeway town is a small community located in Virginia. The total population is 1,082. It ranks as the 375th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Ridgeway town is 35.4 years. This is 9% lower than the state median of 38.8 years. With 37.3% of the population under 18, Ridgeway town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Ridgeway town is $60,938. This is 33% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 7.5%. This is 24% lower than the state poverty rate of 9.9%. The unemployment rate is 1.3%. This is 69% lower than the state rate of 4.3%. The median home value is $147,400. Housing costs are 59% lower than the state median of $360,700. With a home-value-to-income ratio of just 2.4x, Ridgeway town is one of the most affordable housing markets in the area. 79.7% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Ridgeway town is White (non-Hispanic), making up 54.2% of the population. Black or African American residents account for 39.3%. The Black or African American population is significantly higher than the state average (39.3% vs 18.4%). The Hispanic or Latino population (4.5%) is well below the state average of 10.7%.

Education

21.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.

Data Sources & Methodology

All demographic data for Ridgeway town, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Ridgeway town, Virginia?

Ridgeway town, Virginia has a population of 1,082 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ridgeway town, VA?

The median household income in Ridgeway town is $60,938, which is 22% lower the national median of $78,538.

What is the poverty rate in Ridgeway town, VA?

The poverty rate in Ridgeway town is 7.5%. This means approximately 79 residents live below the federal poverty line.

What is the racial makeup of Ridgeway town, Virginia?

Ridgeway town's population is 54.2% White, 39.3% Black, 4.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Ridgeway town, VA?

The median home value in Ridgeway town is $147,400. The home-value-to-income ratio is 2.4x.

How educated is Ridgeway town, Virginia?

21.4% of adults (25+) in Ridgeway town hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.