Ridgely, Maryland

Population

Growing. Up 1.2% since 2020.

1,630

people, the 82nd-largest of Maryland's cities and towns.

Census Population Estimates, 2025. Rank among Maryland's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

92.3%

of 364 jobs located in Ridgely are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Rent

Median rent is down 19% since the 2005–2009 survey, before inflation.

$633

a month. Maryland's median is $1,705.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year

The seam

Cross one tract line and median rent jumps $705.

A $705 gap between neighbors, the sharpest rent edge between adjacent tracts in Caroline County.

• $978 Tract 9553.02
• $1,683 Tract 9553.01

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Room to build

Local wages can carry more rent than the median charged today.

$1,027–$1,540

is the monthly rent range local workforce wages support.

• $633 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 5 homes permitted, 2022–2025
• 0% of those were in multifamily buildings
• 85% of all homes were built before 2000

Census Building Permits Survey, 2022–2025; Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.3–0.6% to the 678 homes here.

2–4

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 34% less than Maryland's.

$276,700

median home value in Ridgely.

• $276,700 Ridgely
• $419,900 Maryland
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year