Ridgely, MD Real Estate
According to census data in the year 2000 there were 549 housing units in Ridgely.
This represents a 26.5% growth from 434 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 549 were located in what is classified as a rural area.
Homeownership rate in Ridgely is about 64.9%.
Ridgely's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Ridgely were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 11.70% |
| Two Bedrooms | 25.70% |
| Three Bedrooms | 47.70% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.67 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $87,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $394 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.70% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 54% |
| Debt Free | 31.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
