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Ridgeway, VA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$130/mo
—
$40/mo
$20/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $900/mo |
| 2 Bedrooms | $1100/mo |
| 3 Bedrooms | $1400/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| 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
94
-6% below national average
95
88
105
$800
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + County 1%</p> | |
Virginia has a progressive income tax system, with rates ranging from 2% to 5.75%
Family & Relocation
70
7.2/10
$800/mo
City Pulse
Ridgeway has limited public transportation options, but the town is relatively walkable and bikeable
- Smith River
- Martinsville Speedway
- Fairy Stone State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Ridgeway based on your household profile.
📰 Live Local News
Ridgeway has zoning regulations and building codes in place to maintain the town’s character and ensure public safety
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
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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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