Ridgely, TN Real Estate
According to census data in the year 2000 there were 760 housing units in Ridgely.
This represents a 5.1% growth from 723 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 760 were located in what is classified as a rural area.
Homeownership rate in Ridgely is about 57%.
Ridgely's vacancy rate, including seasonal lodging, is about 11.3%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Ridgely were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 16.70% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 38.90% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $50,700 |
| Median Price asked for vacant units | $55,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $163 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 36.20% |
| Debt Free | 57.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.6% |
