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. Much of the housing stock in Ridgway was built relatively recently. The construction of new real estate can often be taken as an indication that the local Ridgway economy is robust, and that jobs or other amenities are attracting an influx of new residents. 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.
A relatively large number of people in Ridgway telecommute to their jobs. Overall, about 7.48% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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
Being a small town, Ridgway does not have a public transit system used by locals to get to and from work.