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Ridgeway, Virginia Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Ridgeway, Virginia had a total population of 1,051, the 373rd largest town in Virginia, with a median household income of $76,875, which is 17% lower than the state average. The poverty rate is 6.2%.

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

Key Takeaways

Ridgeway Quick Facts

Population 1,051
Median Household Income $76,875
Median Home Value $164,300
Poverty Rate 6.2%
Unemployment Rate 0.5%
Median Age 40.1 years
Homeownership Rate 81.9%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 24.2%
High School Graduation Rate 85.4%
Diversity Index 52/100
Population 1,051 373rd of 681
Median Income $76,875 average
Poverty Rate 6.2% 50% lower than national
Median Home Value $164,300 bottom 30%

How Ridgeway 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
Population1,0821,051-2.9%
Median household income$60,938$76,875+26.2%
Median home value$147,400$164,300+11.5%

How Ridgeway Compares

Economy & Housing

Household Income Distribution

Under $25K 21.9%
$25K-$50K 14.4%
$50K-$100K 18.4%
$100K+ 45.3%
Detailed income brackets
Under $10K
8.8%
$10K-$15K
5.0%
$15K-$20K
1.6%
$20K-$25K
6.6%
$25K-$30K
5.9%
$30K-$35K
2.8%
$35K-$40K
0.6%
$40K-$45K
1.6%
$45K-$50K
3.4%
$50K-$60K
4.1%
$60K-$75K
8.8%
$75K-$100K
5.6%
$100K-$125K
11.6%
$125K-$150K
19.4%
$150K-$200K
11.6%
$200K+
2.8%

Employment

0.5% Unemployment Rate State: 4.3%|National: 5.2%
55.1% Labor Force Participation

Housing Overview

Owner 81.9%
Renter 18.1%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $727/mo 11.3% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

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

State average: 61 | National average: 61

Education

Ridgeway Rankings in Virginia

#373 Population of 681
#269 Median Income of 585
#384 Education of 680
#434 Home Value of 580

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
Collinsville 7,139 $52,158 16.3% $146,700
Horse Pasture 2,236 $54,216 22.7% $123,600
Chatmoss 1,563 $73,643 5.8% $224,900
Stanleytown 1,386 $40,000 9.7% $143,900
Bassett 1,031 $45,563 9.4% $242,500
Fieldale 783 $45,114 2.4% $93,300
Villa Heights 601 $25,797 20.1% $121,900
Oak Level 563 $31,000 32.0% $104,600
Laurel Park 553 $41,700 5.1% $145,800
Sandy Level 407 $43,468 3.7% $110,900

Cities Similar to Ridgeway

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rushmere1,033$73,750$350,00031.3%2.6%
Goochland1,182N/A$485,70051.4%3.4%
Deltaville958$70,231$404,50030.6%8.3%
Maurertown1,092$93,929$264,50010.3%2.7%
Arrington915N/A$220,60041.0%20.8%

Population Overview

Ridgeway is a small community located in Virginia, within Henry County. The total population is 1,051. It ranks as the 373rd most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Ridgeway is 40.1 years. This is 3% higher than the state median of 39.0 years. With 36.6% of the population under 18, Ridgeway has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Ridgeway is $76,875. This is 17% lower than the state median of $93,170. It is also 5% lower than the national median of $80,734. The poverty rate stands at 6.2%. This is 37% lower than the state poverty rate of 9.9%. The unemployment rate is 0.5%. This is 88% lower than the state rate of 4.3%. The median home value is $164,300. Housing costs are 57% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.1x, Ridgeway is one of the most affordable housing markets in the area. 81.9% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Ridgeway is White (non-Hispanic), making up 53.0% of the population. Black or African American residents account for 44.6%. The Black or African American population is significantly higher than the state average (44.6% vs 18.3%).

Education

24.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.

Data Sources & Methodology

All demographic data for Ridgeway, Virginia 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 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. 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 Ridgeway, Virginia?

Ridgeway, Virginia has a population of 1,051 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Ridgeway, VA?

The median household income in Ridgeway is $76,875, which is 5% lower than the national median of $80,734.

What is the poverty rate in Ridgeway, VA?

The poverty rate in Ridgeway is 6.2%. This means approximately 63 residents live below the federal poverty line.

What is the racial makeup of Ridgeway, Virginia?

Ridgeway's population is 53.0% White, 44.6% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Ridgeway, VA?

The median home value in Ridgeway is $164,300. The home-value-to-income ratio is 2.1x.

How educated is Ridgeway, Virginia?

24.2% of adults (25+) in Ridgeway hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.