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. There's nothing like the smell of a brand new house, and in Ridgway, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Ridgway, and putting down their money on brand new construction. Ridgway’s real estate is, on average, some of the newest in the nation. Ridgway does seem to be experiencing an influx of affluent people, because 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
Being a small town, Ridgway does not have a public transit system used by locals to get to and from work.