What percentage of people rent in Ridgeway, VA?

18.1% (±8.1 points) of the occupied homes in Ridgeway, VA are rented (2020–2024 American Community Survey).

That is 58 renting households against 262 that own their home.

In Ridgeway, the share of households that rent went from 32.5% in 2015–2019 to 18.1% in 2020–2024 (−14.4 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
18.1% (±8.1 points)
Renting households
58 (±28)
Median renter income
$50,625 (±$47,256)

Who rents and who owns in Ridgeway

Tenure, estimate (90% margin of error)
RidgewayHenry CountyVirginiaUnited States
Renter-occupied share18.1% (±8.1 points)24.8% (±2.3 points)32.7% (±0.3 points)34.8%
Renting households58 (±28)5,226 (±529)1,099,123 (±8,702)45,017,354
Owning households262 (±78)15,817 (±515)2,266,609 (±13,049)84,210,142
Average renter household size4.6 (±3.1)2.2 (±0.2)2.3 (±0.0)2.3
Average owner household size3.0 (±0.8)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$50,625 (±$47,256)$35,872 (±$3,980)$60,343 (±$529)$52,966
Median owner household income$116,250 (±$60,351)$57,099 (±$4,431)$114,147 (±$479)$100,009

In Ridgeway, the renter share is not measurably different from Henry County (24.8%).

It is also lower than in Virginia (32.7%).

It is lower than the national figure (34.8%).

In Henry County, Ridgeway ranks 5 of 6 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 346 of 464.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Ridgeway has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent32.5% (±10.4 points)18.1% (±8.1 points)−14.4 percentage pointsMeasurable decrease
Median gross rent$571 (±$32)$727 (±$168)+27.3%No measurable change after inflation
Median household income$32,321 (±$10,942)$76,875 (±$50,184)+137.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Ridgeway

Nearest places with a published estimate, compared with Ridgeway
PlaceDistanceHouseholds that rentCompared with this place
Ridgeway—18.1% (±8.1 points)—
Horse Pasture6.4 mi15.2% (±8.2 points)Not measurably different
Martinsville7.3 mi44.6% (±4.6 points)Higher
Chatmoss7.3 mi19.1% (±13.4 points)Not measurably different
Stoneville8.2 mi34.9% (±14.2 points)Higher
Eden8.4 mi45.0% (±5.1 points)Higher
Collinsville10 mi43.2% (±7.4 points)Higher
Mayodan12 mi40.3% (±10.5 points)Higher
Stanleytown13 mi34.1% (±18.7 points)Not measurably different

Nearby places with a measurably higher figure: Martinsville, VA (44.6%), Stoneville, NC (34.9%), Eden, NC (45.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Henry County, place by place

RankPlaceHouseholds that rent
1Collinsville43.2% (±7.4 points)
2Stanleytown34.1% (±18.7 points)
3Bassett26.9% (±15.8 points)
4Chatmoss19.1% (±13.4 points)
5Ridgeway18.1% (±8.1 points)
6Horse Pasture15.2% (±8.2 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Ridgeway

How many renters are there in Ridgeway?

Ridgeway has an estimated 58 (±28) renting households, 18.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Ridgeway?

In Ridgeway, the share of households that rent went from 32.5% in 2015–2019 to 18.1% in 2020–2024 (−14.4 percentage points), a measurable decrease.

How big are renting households in Ridgeway?

A renting household in Ridgeway has 4.6 people on average, against 3.0 in an owned home.

How much do renters earn in Ridgeway?

The median renting household in Ridgeway, VA has an income of $50,625 (±$47,256) a year, against $116,250 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Ridgeway town, Virginia (place:67208, in state:51).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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