What is the median household income in Ridgeway, WI?
The median household income in Ridgeway, WI is $88,125 (±$16,652) a year (2020–2024 American Community Survey).
Paying the median gross rent of $882 a month would take about $35,300 a year at the common guideline of spending no more than 30% of income on rent.
In Ridgeway, the median household income went from $59,861 in 2015–2019 to $88,125 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $88,125 (±$16,652)
- Median renter income
- $48,333 (±$20,599)
- Income to afford median rent
- about $35,300
Income in Ridgeway against Iowa County, its state and the nation
| Ridgeway | Iowa County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $88,125 (±$16,652) | $82,182 (±$5,047) | $77,485 (±$455) | $80,734 |
| Median renter household income | $48,333 (±$20,599) | $47,240 (±$5,194) | $48,374 (±$478) | $52,966 |
| Median owner household income | $94,271 (±$5,506) | $93,599 (±$3,523) | $95,874 (±$462) | $100,009 |
| Median gross rent | $882 (±$91) | $954 (±$53) | $1,087 (±$4) | $1,413 |
In Ridgeway, median household income is not measurably different from Iowa County ($82,182).
It is not measurably different from Wisconsin ($77,485).
It is not measurably different from the national figure ($80,734).
In Iowa County, Ridgeway ranks 11 of 25 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 628 of 1,844.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Ridgeway
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $882 a month ($10,584 a year) needs an income of about $35,300 a year.
The median renting household in Ridgeway earns $48,333 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $59,861 (±$3,755) | $88,125 (±$16,652) | +47.2% | No measurable change after inflation |
| Median gross rent | $800 (±$57) | $882 (±$91) | +10.3% | No measurable change after inflation |
| Median home value | $140,200 (±$10,183) | $202,700 (±$28,982) | +44.6% | 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.
Median household income in places near Ridgeway
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ridgeway | — | $88,125 (±$16,652) | — |
| Town of Ridgeway | 3.1 mi | $89,271 (±$21,110) | Not measurably different |
| Town of Brigham | 4.1 mi | $113,500 (±$22,129) | Not measurably different |
| Barneveld | 4.9 mi | $113,542 (±$10,683) | Higher |
| Town of Dodgeville | 6.6 mi | $116,583 (±$8,409) | Higher |
| Dodgeville | 7.3 mi | $72,288 (±$8,563) | Not measurably different |
| Blue Mounds | 8.5 mi | $83,750 (±$16,416) | Not measurably different |
| Town of Wyoming (Iowa County) | 9.0 mi | $61,250 (±$19,976) | Lower |
| Hollandale | 9.0 mi | $71,250 (±$49,126) | Not measurably different |
Nearby places with a measurably lower figure: Town of Wyoming (Iowa County), WI ($61,250).
Nearby places with a measurably higher figure: Barneveld, WI ($113,542), Town of Dodgeville, WI ($116,583).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Iowa County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Town of Moscow | $111,518 (±$33,205) |
| 6 | Town of Arena | $97,375 (±$9,144) |
| 7 | Town of Mifflin | $94,375 (±$21,633) |
| 8 | Town of Waldwick | $90,250 (±$17,368) |
| 9 | Town of Eden (Iowa County) | $89,286 (±$9,779) |
| 10 | Town of Ridgeway | $89,271 (±$21,110) |
| 11 | Ridgeway | $88,125 (±$16,652) |
| 12 | Town of Highland (Iowa County) | $83,646 (±$18,659) |
| 13 | Mineral Point | $81,000 (±$14,942) |
| 14 | Cobb | $79,196 (±$15,261) |
| 15 | Dodgeville | $72,288 (±$8,563) |
| 16 | Hollandale | $71,250 (±$49,126) |
| 17 | Town of Linden | $70,000 (±$22,581) |
Showing 13 of 25 places in Iowa County, ranked from highest to lowest.
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
What is the median household income in Ridgeway?
The median household income in Ridgeway is $88,125 (±$16,652) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ridgeway?
About $35,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $882 a month.
Have incomes in Ridgeway kept up with inflation?
In Ridgeway, the median household income went from $59,861 in 2015–2019 to $88,125 in 2020–2024 (+47.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Ridgeway?
The median renting household in Ridgeway, WI earns $48,333 (±$20,599) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ridgeway village, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ridgeway village, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ridgeway village, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ridgeway village, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ridgeway village, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ridgeway village, Wisconsin
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 village, Wisconsin (place:67875, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 .
Related
- Housing in Ridgeway at a glance
- Renters and owners in Ridgeway
- Home values in Ridgeway
- Homeowner costs in Ridgeway
- Property taxes in Ridgeway
- Types of homes in Ridgeway
- Bedrooms in Ridgeway
- Age of homes in Ridgeway
- Heating fuel in Ridgeway
- Commute and cars in Ridgeway
- Wisconsin landlord and tenant rules
- Housing across Iowa County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin