HomeMarylandCaroline CountyRidgely
Ridgely, Maryland: commercial real estate data.
Ridgely is a Census town of 1,772 people across 1.86 square miles of land, in Caroline County. Median household income is $62,048, 62.9 percent of occupied homes are owned, and the SBA record carries 5 7(a) approvals to borrowers here worth $2.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ridgely
What Ridgely is
- Census place typetown
- Land area1.86 sq mi
- Water area0 sq mi
- Population per square mile of land951
- County holding the largest share of its areaCaroline County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
How many people live in Ridgely
- Population1,772
- Median age34.3 plus or minus 7.8
- Population under 18544 plus or minus 135
- Share under 1830.7 percent
- Population 65 and over233 plus or minus 79
- Share 65 and over13.1 percent plus or minus 3.7
- Households649
- Family households376 plus or minus 89
- Share of households that are families57.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
Income and work in Ridgely
- Median household income$62,048 plus or minus $13,044
- Per capita income$30,316
- Civilian labor force931 plus or minus 192
- Employed830 plus or minus 174
- Unemployed101 plus or minus 64
- Unemployment rate10.8 percent plus or minus 6.5
- Adults 25 and over1,090
- Adults 25 and over with a high school diploma or higher82.2 percent plus or minus 21.1
- Adults 25 and over with a bachelor degree or higher12.6 percent plus or minus 5.1
- Adults 25 and over with a graduate degree3.0 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
Housing in Ridgely
- Housing units678
- Occupied units649
- Vacant units29 plus or minus 29
- Vacancy rate4.3 percent plus or minus 4.2
- Owner occupied408 plus or minus 93
- Renter occupied241 plus or minus 81
- Ownership rate62.9 percent
- Median owner-occupied home value$276,700
- Median gross rent, monthly$633 plus or minus $510
- Annual rent as a share of median income12.2 percent plus or minus 10.2
- Single family units499 plus or minus 104
- Share single family73.6 percent
- Units in buildings of two or more175 plus or minus 81
- Share in buildings of two or more25.8 percent plus or minus 11.2
- Mobile homes4 plus or minus 7
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
How Ridgely gets to work
- Workers 16 and over who commute762 plus or minus 163
- Commuting under 15 minutes108 plus or minus 55
- Share commuting under 15 minutes14.2 percent plus or minus 6.5
- Commuting 30 minutes or more481 plus or minus 117
- Share commuting 30 minutes or more63.1 percent
- Drove alone83.6 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked4.1 percent plus or minus 2.7
- Worked from home8.9 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
SBA loans in Ridgely (7(a))
- Approvals5
- Gross approval$2,391,400
- Average approval$478,280
- Median approval$150,000
- Largest approval$1,576,400
- Jobs supported31
- Jobs per approval6.2
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Ridgely, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ridgely
Flood risk in Ridgely
- NFIP communityTown of Ridgely
- NFIP community number240144
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date(NSFHA)
The Town of Ridgely participates in the National Flood Insurance Program as community 240144 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Caroline County, not Ridgely
Caroline County context, not Ridgely figures
- Establishments in Caroline County634
- Covered employment, Caroline County9,246
- Average annual pay, Caroline County$53,786
- Housing units permitted, Caroline County55
Every figure in this section is published for Caroline County as a whole and is not a measurement of Ridgely.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Ridgely questions, answered from the record.
How many people live in Ridgely, Maryland?
1,772, in 649 households. Ridgely town covers 1.86 square miles of land, which is 951 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ridgely in?
Caroline County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Ridgely?
$62,048. The median owner-occupied home is valued at $276,700. Median gross rent is $633 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ridgely businesses?
5 7(a) approvals totaling $2.4 m since FY2020, across 4 lenders, median approval $150,000. These count approvals to borrowers whose address is in Ridgely, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ridgely borrowers get paid back?
No rate is published for Ridgely. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Ridgely in the National Flood Insurance Program?
Yes. Ridgely appears in the FEMA Community Status Book as Ridgely, town of, community 240144, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Ridgely figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Caroline County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Ridgely.
Is zoning published for Ridgely?
No. Nothing on this page presents parcel level zoning.