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Ridgely, TN Housing

 
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As of 2010-2014, median price of a house in Ridgely is $62,100, which is much lower than the state average of $139,900 and is much lower than the national average of $175,700. The Ridgely median house value has grown by 22.49% since 2000. The growth rate for the price of a house in Ridgely is lower than the state average rate of 50.43% and is lower than the national average rate of 46.91%. The median year that a house in Ridgely was built is 1974, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 388 Owner Occupied Houses in Ridgely, TN, #405
Ridgely, TN
62,100 USD
Tennessee
139,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #317
Ridgely, TN
22.49%
Tennessee
50.43%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Ridgely, TNTennesseeU.S.
Total Housing Units893, see rank, 100%2,839,142132,741,033
Occupied Housing Units807, 90.37%, see rank87.61%87.55%
Owner Occupied388, 43.45%, see rank58.82%56.34%
Renter Occupied419, 46.92%, see rank28.79%31.21%
Vacant Housing Units86, 9.63%, see rank12.39%12.45%
For Rent29, 3.25%, see rank2.61%2.34%
For Sale Only33, 3.70%, see rank1.32%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.07%0.92%
For Seasonal, Recreational, or Occasional Use9, 1.01%, see rank2.44%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant15, 1.68%, see rank4.93%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #248
Ridgely, TNTennesseeU.S.
197419811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Ridgely, TN%TennesseeU.S.
Owner-Occupied Units388100%1,669,95374,787,460
With a Mortgage24061.86%, see rank61.60%65.58%
Without a Mortgage14838.14%, see rank38.40%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Ridgely, TN
829 USD
Tennessee
1,197 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsRidgely, TN%TennesseeU.S.
$299 or Less41.67%, see rank0.28%0.20%
$300 to $499166.67%, see rank2.56%1.59%
$500 to $6996125.42%, see rank8.39%5.01%
$700 to $9998435.00%, see rank23.06%14.32%
$1,000 to $1,4995020.83%, see rank34.56%27.90%
$1,500 to $1,9992510.42%, see rank16.87%20.35%
$2,000 to $2,99900.00%, see rank10.45%19.52%
$3,000 or More00.00%, see rank3.83%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ridgely, TN
19.10% of the Total Income
Tennessee
22.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ridgely, TN%TennesseeU.S.
10% or Less145.83%, see rank6.05%5.86%
10% to 20%11347.08%, see rank34.78%31.95%
20% to 30%5020.83%, see rank28.01%27.64%
30% to 40%166.67%, see rank12.76%13.74%
40% or More4719.58%, see rank17.77%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Ridgely, TN
380 USD
Tennessee
359 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsRidgely, TN%TennesseeU.S.
$199 or Less1711.49%, see rank10.63%7.76%
$200 to $2992919.59%, see rank23.38%14.70%
$300 to $4996342.57%, see rank42.62%34.63%
$500 to $6992315.54%, see rank15.15%21.16%
$700 or More1610.81%, see rank8.22%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Ridgely, TN
10.40% of the Total Income
Tennessee
11.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Ridgely, TN%TennesseeU.S.
10% or Less7047.30%, see rank45.34%40.19%
10% to 20%4429.73%, see rank31.24%31.47%
20% to 30%117.43%, see rank10.84%12.24%
30% to 40%21.35%, see rank4.71%5.64%
40% or More1711.49%, see rank6.65%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Ridgely, TNTennesseeU.S.
Total Housing Units893, 100%2,839,142132,741,033
1-unit, Detached572, 64.05%, see rank68.74%61.65%
1-unit, Attached2, 0.22%, see rank3.11%5.82%
2 Units110, 12.32%, see rank3.00%3.75%
3 or 4 Units34, 3.81%, see rank3.14%4.43%
5 to 9 Units94, 10.53%, see rank4.62%4.78%
10 or More Units12, 1.34%, see rank7.73%13.08%
Mobile Home, Boat, RV, Van, etc.69, 7.73%, see rank9.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Ridgely, TNTennesseeU.S.
Total Housing Units893, 100%2,839,142132,741,033
1 Room4, 0.45%, see rank1.08%1.95%
2 Rooms48, 5.38%, see rank1.43%2.48%
3 Rooms104, 11.65%, see rank6.75%9.13%
4 Rooms170, 19.04%, see rank16.35%16.60%
5 Rooms189, 21.16%, see rank22.36%20.41%
6 Rooms130, 14.56%, see rank19.26%18.06%
7 Rooms136, 15.23%, see rank13.02%12.27%
8 Rooms57, 6.38%, see rank8.63%8.48%
9 Rooms or More55, 6.16%, see rank11.12%10.60%
Median Rooms5.10, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Ridgely, TNTennesseeU.S.
Total Housing Units893, 100%2,839,142132,741,033
No Bedroom7, 0.78%, see rank1.18%2.17%
1 Bedroom129, 14.45%, see rank7.78%11.16%
2 Bedrooms336, 37.63%, see rank26.67%26.69%
3 Bedrooms322, 36.06%, see rank46.66%39.70%
4 Bedrooms68, 7.61%, see rank14.27%16.05%
5 or More Bedrooms31, 3.47%, see rank3.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Ridgely, TNTennesseeU.S.
Total Housing Units807, 100%2,487,349116,211,092
Utility Gas441, 54.65%, see rank33.15%48.85%
Bottled, Tank, or LP Gas6, 0.74%, see rank4.33%4.86%
Electricity344, 42.63%, see rank59.47%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.47%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood9, 1.12%, see rank2.14%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.11%0.47%
No Fuel Used7, 0.87%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalRidgely, TNTennesseeU.S.
Occupied Units Paying Rent360, 100%747,96239,201,928
$199 or Less54, 15.00%, see rank2.40%1.50%
$200 to $29946, 12.78%, see rank4.03%3.18%
$300 to $499104, 28.89%, see rank10.84%7.37%
$500 to $699102, 28.33%, see rank24.36%16.01%
$700 to $99933, 9.17%, see rank35.12%29.17%
$1,000 to $1,49913, 3.61%, see rank18.39%26.88%
$1,500 to $1,9998, 2.22%, see rank3.36%9.79%
$2,000 or More0, 0.00%, see rank1.49%6.10%
Median$438, see rank$757$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Ridgely, TNTennesseeU.S.
Occupied Housing Units807, 100%2,487,349116,211,092
No Vehicles Available136, 16.85%, see rank6.39%9.12%
1 Vehicles Available312, 38.66%, see rank32.88%33.80%
2 Vehicles Available215, 26.64%, see rank38.26%37.48%
3 or More Vehicles Available144, 17.84%, see rank22.47%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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