Ridgway is a tiny town located in the state of Colorado. With a population of 953 people and just one neighborhood, Ridgway is the 158th largest community in Colorado. Ridgway has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Ridgway, where the median household income is $56,000.
Real Estate Prices
Ridgway home prices are not only among the most expensive in Colorado, but Ridgway real estate also consistently ranks among the most expensive in America.
Occupations and Workforce
Ridgway is a decidedly white-collar town, with fully 88.95% of the workforce employed in white-collar jobs, well above the national average. Overall, Ridgway is a town of service providers, professionals and sales and office workers. There are especially a lot of people living in Ridgway who work in management occupations (12.62%), sales jobs (11.64%) and food service (9.66%).
Of important note, Ridgway is also a town of artists. Ridgway has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Ridgway’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.48% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Setting & Lifestyle
Ridgway is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.