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Housing Affordability in Ridgeway, VA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 18.6%
- Virginia 29.3%
- Renters paying 30%+
- 39.7%
- Virginia 48.5%
- Homeowners paying 30%+
- 13.7%
- Virginia 20.5%
- Owner costs with a mortgage
- $1,321/mo
- Virginia $2,127/mo
Ridgeway has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more2339.7%
- Homeowners paying 30% or more3413.7%
- Renters paying 50% or more1322.4%
- Median rent as a share of income: 23.7%
- Median owner costs as a share of income, with a mortgage: 13.9%
- Median owner costs without a mortgage: $342/mo
- Median home value divided by median household income: 2.1
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Ridgeway, VA | 18.6% | 39.7% | 13.7% | 23.7% |
| Henry County | 22.8% | 47.6% | 15.6% | 27.7% |
| Virginia | 29.3% | 48.5% | 20.5% | 29.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Ridgeway, VA?
- In Ridgeway, VA, 18.6% of households spend 30% or more of their income on housing costs.
- How does Ridgeway compare with Virginia?
- The households paying 30%+ for housing in Ridgeway is 18.6%, compared with 29.3% for Virginia as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates