Surrounding submarket Area
Ridgeway, New York is a part of the West Monroe/West Counties Submarket submarket area.
Ridgeway Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Ridgeway, NY submarket area was $903, which is 15.03% lower than 2014 average rent. This represents a compounded annual growth rate of 2.84%. 2019 vacancy in Ridgeway, NY was 3.50%.
The total population of the city of Ridgeway, NY has decreased 6.21% since 2010. As of 2018, the population was 6,359. The median household income of the Ridgeway was $50,095, which is 16.91% lower than the national average.
- submarket area West Monroe / West Counties Submarket
- avg rent $903
- rent growth 15.03%
- vacancy 3.50%
- median income $50,095
- population (2018) 6,359
- population growth -6.21%
- vs. nat'l avg 16.91%