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Ridgeway, VA Real Estate


According to census data in the year 2000 there were 334 housing units in Ridgeway. This represents a 5% growth from 318 in 1990.

Of those housing units, 330 were located in either urbanized areas or urban clusters, and 4 were located in what is classified as a rural area.

Homeownership rate in Ridgeway is about 85%. Ridgeway's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Ridgeway were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.20%
Two Bedrooms31.70%
Three Bedrooms45.20%
Four Bedrooms14.70%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1974
Median Value of occupied units$91,300
Median Price asked for vacant units$107,500

Rented Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1973

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan4.20%
Simple Mortgage49.70%
Debt Free38.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%