Ridgeway, VA Utility & Living Guide

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Ridgeway, VA Utility & Living Guide

Living in Ridgeway, VA offers a tranquil small-town experience with easy access to outdoor recreation and a strong sense of community.

Last updated: June 26, 2026
Total Utilities$250/mo
1BR Rent$900/mo
Sales Tax5.3%
COL Index94 (-6% below national average)
Family Score7/10
Median Home$280,000
🌤️ Live Weather — Ridgeway
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⚠️ Natural Hazard History — Ridgeway
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$130/mo

Dominion Energy
🔥 Gas

N/A - Electric only
💧 Water

$40/mo

Henry County Public Service Authority
🗑️ Garbage

$20/mo

Henry County Public Service Authority
📶 Internet

$60/mo

Combined Average Overhead $250/month

Housing Market

Rent & Property
1 Bedroom$900/mo
2 Bedrooms$1100/mo
3 Bedrooms$1400/mo
Median Home Price$280,000
Property Tax Rate0.85%
Avg Childcare/mo$800

The housing market in Ridgeway is relatively affordable, with a mix of older and newer homes available. Rentals are also available, though options may be limited. The area is seeing some growth, with new developments and renovations.

Cost of Living

Overall COL Index

94

US national avg = 100
vs National Avg

-6% below national average

Groceries

95

Transportation

88

Healthcare

105

Childcare/mo

$800

Tax Rates

Tax Overview
Total Sales Tax5.3%
Property Tax Rate0.85%
<p>State 4.3% + County 1%</p>

Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score
7/10
Safety Index

70

Higher = safer
School Rating

7.2/10

GreatSchools avg
Avg Childcare

$800/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Red
Business Momentum
Moderate, with key industries including manufacturing, healthcare, and tourism
Top Local Concerns
Economic development, infrastructure, public safety
🚌 Transit for Families

Ridgeway has limited public transportation options, but the town is relatively walkable and bikeable

🎡 Top Kid Attractions
  • 🎯
    Smith River
  • 🎯
    Martinsville Speedway
  • 🎯
    Fairy Stone State Park

Best Neighborhoods for Families

The downtown area and surrounding neighborhoods offer a mix of historic homes and newer developments, with easy access to local amenities. The area around the Smith River is also popular for its natural beauty and outdoor recreational opportunities.

Household Budget Calculator

Estimate your real monthly cost of living in Ridgeway based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Ridgeway has zoning regulations and building codes in place to maintain the town’s character and ensure public safety

Ridgeway is experiencing steady growth, driven by its proximity to larger cities and outdoor recreational opportunities. However, the town's small size and limited job market may impact local economic development.

Financial Tools

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📊 Ridgeway — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Summer months see an increase in electricity costs due to air conditioning usage, while winter months may see a slight increase in costs due to heating. However, the town's mild climate means that utility costs remain relatively stable throughout the year.

🏛️ Local Tax Details

The 24148 ZIP code has a property tax millage rate of 0.85, with no local surtaxes

👶 Family & Stroller Friendliness

6, with wide sidewalks and relatively flat terrain, but limited elevator access in public buildings and some uneven pavement

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