Ridgely

Population: 1,723
Median household income: $24,412
Median home value: $74,500

Ridgely, a community in Lake County, Tennessee, has 1,723 residents. At $24,412, its median household income sits below Lake County's $30,500.

Between 2019 and 2023, Ridgely's population declined 2.5% from 1,767 to 1,723, while its median home value rose 13.2% from $65,800 to $74,500.

The typical home was built around 1974. 41.6% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 1,723
Median age: 34.9 yrs
Median household income: $24,412
Median home value: $74,500
Median gross rent: $571
Housing units: 759
Homeownership rate: 37.9%
Bachelor's degree or higher: 13.0%
Unemployment rate: 6.7%

Trends

ACS 5-year · 2019–2023

Population

1,7671,723

Median household income

$33,846$24,412

Median home value

$65,800$74,500

Median gross rent

$492$571

Year	Population	Median household income	Median home value	Median gross rent
2019	1,767	$33,846	$65,800	$492
2020	1,882	$34,107	$70,400	$516
2021	1,950	$33,469	$66,400	$390
2022	1,798	$27,500	$74,400	$427
2023	1,723	$24,412	$74,500	$571

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 57.3%

5 to 1719.3%

18 to 249.6%

25 to 3413.9%

35 to 447.7%

45 to 548.2%

55 to 6411.2%

65 to 7413.2%

75 and over9.6%

	Count	Share
Under 5	126	7.3%
5 to 17	332	19.3%
18 to 24	166	9.6%
25 to 34	239	13.9%
35 to 44	133	7.7%
45 to 54	141	8.2%
55 to 64	193	11.2%
65 to 74	228	13.2%
75 and over	165	9.6%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,202	69.8%
Black or African American	391	22.7%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	86	5.0%
Hispanic or Latino (any race)	44	2.6%

Educational attainment (age 25+)

No high school diploma36.8%

High school graduate31.8%

Some college or associate's18.5%

Bachelor's degree7.6%

Graduate or professional degree5.5%

	Count	Share
No high school diploma	404	36.8%
High school graduate	349	31.8%
Some college or associate's	203	18.5%
Bachelor's degree	83	7.6%
Graduate or professional degree	60	5.5%

Commute to work

Mean travel time to work: 19 min

Drove alone81.3%

Carpooled12.3%

Public transit0.0%

Walked2.8%

Bicycle0.0%

Worked from home0.8%

Other means2.8%

How workers get to work

	Count	Share
Drove alone	383	81.3%
Carpooled	58	12.3%
Public transit	0	0.0%
Walked	13	2.8%
Bicycle	0	0.0%
Worked from home	4	0.8%
Other means	13	2.8%

Travel time

	Count	Share
Under 15 min	203	43.5%
15 to 29 min	141	30.2%
30 to 44 min	85	18.2%
45 to 59 min	23	4.9%
60+ min	15	3.2%

Households

Average household size: 2.36
Poverty rate: 41.6% (676 of 1,625)

	Count	Share
Family households	453	65.3%
Nonfamily households	241	34.7%

Housing

Median year structure built: 1974

Occupancy

	Count	Share
Occupied	694	91.4%
Vacant	65	8.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	263	37.9%
Renter-occupied	431	62.1%

1-unit, detached59.7%

1-unit, attached0.8%

2 to 4 units26.1%

5 to 19 units10.7%

20 or more units0.0%

Mobile home & other2.8%

Units in structure

	Count	Share
1-unit, detached	453	59.7%
1-unit, attached	6	0.8%
2 to 4 units	198	26.1%
5 to 19 units	81	10.7%
20 or more units	0	0.0%
Mobile home & other	21	2.8%

Geography

Place GEOID: 4763060
Type (LSAD): 43
Land area: 1.98 sq mi
Water area: 0 sq mi
Center point: 36.2632, -89.4806