Ridgeley, WV Profile: Facts & Data

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Ridgeley, West Virginia - Basic Facts

The Town of Ridgeley had a population of 654 as of July 1, 2020. Ridgeley ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in West Virginia. See peer rankings below.

The primary coordinate point for Ridgeley is located at latitude 39.6415 and longitude -78.7745 in Mineral County. The formal boundaries for the Town of Ridgeley encompass a land area of 0.29 sq. miles and a water area of 0.01 sq. miles. Mineral County is in the Eastern time zone (GMT -5). The elevation is 699 feet.

The Town of Ridgeley (GNIS ID: 2391388) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Ridgeley is located within District 3, a minor civil division (MCD) of Mineral County.

Alternate Unofficial Names for Ridgeley: Ridgely, Ridgley, Saint Clairsville, Sinclairsville.

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Ridgeley, WV Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 654 (100%)
Population in Households 654 (100.0%)
Population in Families 491 (75.1%)
Population in Group Quarters1 0
Population Density 2,253
Diversity Index2 23
 
 

INCOME

Median Household Income $29,746
Average Household Income $41,574
% of Income for Mortgage4 10%
Per Capita Income $18,816
Wealth Index5 30
 

HOUSING

Total HU (Housing Units) 380 (100%)
Owner Occupied HU 164 (43.2%)
Renter Occupied HU 132 (34.7%)
Vacant Housing Units 84 (22.1%)
Median Home Value $71,429
Average Home Value $70,427
Housing Affordability Index3 239
 

HOUSEHOLDS

Total Households 296
Average Household Size 2.21
Family Households 174
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population -0.31% -0.56%
Households -0.16% -0.48%
Families -0.33% -0.58%
Median Household Income   1.23%
Per Capita Income   1.73%
Owner Occupied HU   -0.74%

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Ridgeley, WV - Peer Comparisons by Rank and Percentile

The table below compares Ridgeley to the other 404 incorporated cities, towns and CDPs in West Virginia by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 199 51st
Population Density # 30 93rd
Median Household Income # 348 14th
Housing Affordability Index # 182 45th
Per Capita Income # 319 21st
Diversity Index # 50 88th

Additional comparisons and rankings can be made with a VERY EASY TO USE West Virginia Census Data Comparison Tool.

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