Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Ridgeland, Mississippi is a medium-sized city with a population of 24,194 people. Ridgeland is mostly populated by White (53%) and Black or African American (40%) ethnic groups. Single men and women might be happy to hear that in Ridgeland, only 50% of the population is married. If you prefer shorter commutes, living in Ridgeland will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Living in Ridgeland can be a good experience for anyone moving to the city. Having said that, in the state of Mississippi, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, cost of living, education, housing, you can easily compare the best places to live in Ridgeland and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Ridgeland to Mississippi and the national average.
Ridgeland has a livability score of 66/100 and is ranked #59 in Mississippi and #9,417 in the USA. If we dig a little deeper into each category within the livability score, we see that Ridgeland has higher than average rankings for the following: cost of living (A+) and housing (A-). Ridgeland does not score well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Ridgeland has an unemployment rate of 2.34% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Ridgeland can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Ridgeland real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Ridgeland. Median real estate prices in Ridgeland come in at $195,700, which is 85.1% higher than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In Ridgeland, the home price to income ratio is 3.3, which is 26.9% higher than the Mississippi average.
Statistic | Ridgeland | Mississippi | National |
Average one way commute | 18min | 24min | 26min |
Workers who drive to work | 87.2% | 84.7% | 76.4% |
Workers who carpool | 7.7% | 9.7% | 9.3% |
Workers who take public transit | 0.3% | 0.4% | 5.1% |
Workers who bicycle | 0.2% | 0.1% | 0.6% |
Workers who walk | 0.8% | 1.5% | 2.8% |
Working from home | 3.5% | 2.2% | 4.6% |