Ridgeway, IA Real Estate
According to census data in the year 2000 there were 141 housing units in Ridgeway.
This represents a 11% growth from 127 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 141 were located in what is classified as a rural area.
Homeownership rate in Ridgeway is about 78%.
Ridgeway's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Ridgeway were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 6.40% |
| Two Bedrooms | 37.60% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 17% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1941 |
| Median Value of occupied units | $55,800 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 41% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
