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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 Type1.40%
One Bedroom6.40%
Two Bedrooms37.60%
Three Bedrooms35.50%
Four Bedrooms17%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1941
Median Value of occupied units$55,800
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1973
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.60%
Home Equity Loan10.80%
Simple Mortgage41%
Debt Free38.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%