HomeTennesseeLake CountyRidgely town
Ridgely town, Tennessee: commercial real estate data.
Ridgely town 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.
66 sourced place values · tier FULL · 7 sections · 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
- Ninetieth percentile 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
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake County, not Ridgely
Lake County context, not Ridgely figures
These are Lake County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Ridgely measurements.
- Establishments in Lake County64
- Employment at those establishments, Lake County545
- Covered employment, Lake County1,452
- Average annual pay, Lake County$48,138
- Average weekly wage, Lake County$926
- Housing units permitted, Lake County3
- Of those, single family, Lake County3
- County product, 2024, Lake County$150,507,000
- County product change over the prior year, Lake County-14.5 percent
- Average income of an arriving household, Lake County$33,960
Every figure in this section is published for Lake County as a whole and is not a measurement of Ridgely. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $2.3 m, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Ridgely figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.