Home

Ridgeway, AK Real Estate


According to census data in the year 2000 there were 956 housing units in Ridgeway. This represents a 15.6% growth from 827 in 1990.

Of those housing units, 209 were located in either urbanized areas or urban clusters, and 747 were located in what is classified as a rural area.

Homeownership rate in Ridgeway is about 71.6%. Ridgeway's vacancy rate, including seasonal lodging, is about 24.4%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Ridgeway were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type17.30%
One Bedroom13%
Two Bedrooms20.80%
Three Bedrooms34%
Four Bedrooms11.50%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1983
Median Value of occupied units$133,000
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1977
Median Monthly Rent asked for vacant units$383

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.30%
Home Equity Loan10.30%
Simple Mortgage45.90%
Debt Free33.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%