HomeTennesseeLake CountyRidgely
Ridgely, Tennessee: commercial real estate data.
Ridgely is a Census town of 1,796 people across 1.98 square miles of land, in Lake County. Median household income is $24,390, 41.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $2.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ridgely
What Ridgely is
- Census place typetown
- Land area1.98 sq mi
- Water area0 sq mi
- Population per square mile of land905
- County holding the largest share of its areaLake 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
- Population1,796
- Median age35.8 plus or minus 7.6
- Population under 18510
- Share under 1828.4 percent
- Population 65 and over423 plus or minus 88
- Share 65 and over23.6 percent
- Households785
- Family households500 plus or minus 124
- Share of households that are families63.7 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$24,390 plus or minus $6,136
- Per capita income$17,324
- Civilian labor force535 plus or minus 127
- Employed492 plus or minus 116
- Unemployed43 plus or minus 31
- Unemployment rate8.0 percent plus or minus 5.5
- Adults 25 and over1,163
- Adults 25 and over with a high school diploma or higher65.9 percent
- Adults 25 and over with a bachelor degree or higher12.1 percent plus or minus 4.5
- Adults 25 and over with a graduate degree4.0 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
Housing in Ridgely
- Housing units839
- Occupied units785
- Vacant units54 plus or minus 37
- Vacancy rate6.4 percent plus or minus 4.3
- Owner occupied327 plus or minus 86
- Renter occupied458 plus or minus 126
- Ownership rate41.7 percent
- Median owner-occupied home value$83,300
- Median gross rent, monthly$560 plus or minus $213
- Annual rent as a share of median income27.6 percent plus or minus 12.6
- Single family units525
- Share single family62.6 percent
- Units in buildings of two or more303 plus or minus 118
- Share in buildings of two or more36.1 percent plus or minus 12.6
- Mobile homes11 plus or minus 12
- Median year structure built1973
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 commute480 plus or minus 114
- Commuting under 15 minutes193 plus or minus 65
- Share commuting under 15 minutes40.2 percent plus or minus 9.7
- Commuting 30 minutes or more180 plus or minus 62
- Share commuting 30 minutes or more37.5 percent plus or minus 9.4
- Drove alone81.9 percent
- Carpooled12.4 percent plus or minus 6.3
- Public transport0.0 percent
- Walked2.8 percent plus or minus 3.6
- Worked from home2.4 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ridgely
SBA loans in Ridgely (7(a))
- Approvals1
- Gross approval$2,321,100
- Average approval$2,321,100
- Median approval$2,321,100
- Largest approval$2,321,100
- Jobs supported6
- Jobs per approval6.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term156 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
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 number470338
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date06/04/10
The Town of Ridgely participates in the National Flood Insurance Program as community 470338 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.
Lake County, not Ridgely
Lake County context, not Ridgely figures
- Establishments in Lake County64
- Covered employment, Lake County1,452
- Average annual pay, Lake County$48,138
- Housing units permitted, Lake County3
Every figure in this section is published for Lake 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, Tennessee?
1,796, in 785 households. Ridgely town covers 1.98 square miles of land, which is 905 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?
Lake 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?
$24,390. The median owner-occupied home is valued at $83,300. Median gross rent is $560 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?
1 7(a) approvals totaling $2.3 m since FY2020, across 1 lenders, median approval $2,321,100. 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 470338, 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 Lake 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.