Ridgely, MO Economy


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Ridgely, MO is a small town located in the state of Missouri. It is an attractive place to live for many, due to its scenic views and affordable housing. The average two-bedroom rent in this area is $960, which is significantly cheaper than the US average of $1,430. In terms of groceries, Ridgely has a Grocery Cost Index (GCI) of 98 which is slightly lower than the national average of 100. This GCI score indicates that Ridgely's groceries are slightly more affordable than other places across the country. \nIn terms of local businesses, Ridgely hosts several attractions and stores such as The Royal Oak Shopping Center for retail shopping experiences and the Family FunPlex for family oriented activities. There are also some restaurants like Mike's BBQ Grill that serve up delicious food in this town. All these amenities make Ridgely a great place to live with plenty of options for fun or entertainment when needed.

Ridgely has an unemployment rate of 3.8%. The US average is 6.0%.

Ridgely has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.

Tax Rates for Ridgely
- The Sales Tax Rate for Ridgely is 5.6%. The US average is 7.3%.
- The Income Tax Rate for Ridgely is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ridgely
- The average income of a Ridgely resident is $25,739 a year. The US average is $28,555 a year.
- The Median household income of a Ridgely resident is $95,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidgely, MissouriUnited States
  3.86
  -3.8%-6.2%
  36.0%33.5%
  5.6%6.2%
  5.4%4.6%
  $23,175$37,638
  $95,000$69,021
  $101,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  26.6%6.8%
  17.2%10.0%
  0.0%2.5%
  6.3%11.0%
  3.1%4.8%
  4.7%0.8%
  1.6%1.9%
  1.6%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  1.6%4.2%
  6.3%9.3%
  3.1%14.0%
  0.0%2.1%
  25.0%7.0%
  0.0%4.8%
  1.6%4.7%
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