Neighborhood in Austin, Travis County

Living in Ridgewood Village, Austin

A

18th of 206areas in Austin
Overall score 95 of 100 vs Texas neighborhoods
Austin overall: B-

Ridgewood Village is a neighborhood in Austin, TX, home to about 900 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 18th of 206 areas we score in Austin. It does best on jobs and income and worst on cost of living.

  • Pricey
  • Short commutes
  • Lots of parks
  • Cost of living scores low (8 of 100)
  • Home ownership scores low (17 of 100)

Closest everyday places

Grocery store0.5 mi
Pharmacy0.4 mi
Park0.4 mi
Cafe0.4 mi
Restaurant0.4 mi
Gym0.5 mi
Hospital or urgent care1.1 mi
Childcare0.8 mi
Library1.5 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
850
Median rent
$1,640
Median home value
$1,586,000
Household income
$112,700
Average commute
17 min
Homes owned
36%
Loading map

What it's like to live in Ridgewood Village

Ridgewood Village is a neighborhood in Austin with about 900 residents, homes built around 1991, a mix of owners and renters and 19% of households with children.

Our grade for Ridgewood Village is A. That puts it 18th of 206 areas we grade in Austin, a city that gets a B- overall.

Pros of living in Ridgewood Village

  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Groceries close by. The nearest grocery store is about 0.5 miles from the middle of the neighborhood.
  • Parks within walking distance. The closest park is about 0.4 miles away.

Cons of living in Ridgewood Village

  • Natural hazard risk. FEMA rates the risk of tornadoes and hail as very high in this part of town.

Ridgewood Village report card

Each grade compares Ridgewood Village with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade D-

    Median rent $1,640, homes cost 14.1x income.

    8 of 100 vs TX areas
  • Jobs and income: grade A+

    Median household income $112,700, 0% unemployed.

    97 of 100 vs TX areas
  • Schools: grade A-

    Nearby schools average 89 of 100 on the state rating.

    85 of 100 vs TX areas
  • Safety: no grade

    Citywide, 422 violent crimes per 100k, 3,099 property crimes per 100k.

    No score vs TX areas
  • Errands and things to do: grade B+

    Most everyday stores and services within a mile of homes.

    79 of 100 vs TX areas
  • Getting around: grade A

    Average commute 17 min, 34% work from home.

    92 of 100 vs TX areas
  • Education levels: grade A

    74% have a bachelor’s degree.

    91 of 100 vs TX areas
  • Health: grade A

    6.3% of adults uninsured.

    94 of 100 vs TX areas
  • Home ownership: grade D

    36% of homes owner-occupied.

    17 of 100 vs TX areas
  • Internet access: grade B

    97% of homes have broadband.

    68 of 100 vs TX areas

Ridgewood Village compared with Austin

Better than Austin

  • Adults with a bachelor's degree or higher: 74%15 points higher than Austin (60%)
  • People below the poverty line: 0%12 points lower than Austin (12%)
  • Average commute: 17 min26% lower than Austin (24 min)

Worse than Austin

  • Home value to income: 14.1x137% higher than Austin (5.9x)
  • Renters paying 30%+ of income on rent: 68%20 points higher than Austin (48%)
  • Homes owned by the people living in them: 36%8 points lower than Austin (43%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • AMathews ElementaryElementary, Austin ISD1.4 mi
  • BO Henry MiddleMiddle, Austin ISD0.6 mi
  • BAustin High SchoolHigh, Austin ISD1.1 mi

Cost of living in Ridgewood Village

Median rent in Ridgewood Village is $1,640 a month, 5% lower than the Austin median. A household would need about $66,000 a year to keep that rent at 30% of income.

The median home is worth $1,586,000, 186% higher than the Austin median, which means a monthly payment of about $9,515 with property tax at today's mortgage rates.

MeasureHereAustinTexas
Median rent5% lower than Austin$1,640$1,729$1,403
Median home value186% higher than Austin$1,586,000$555,300$283,800
Home value to income137% higher than Austin14.1x5.9x3.6x
Renters paying 30%+ of income on rent20 points higher than Austin68%48%52%
Homes owned by the people living in them8 points lower than Austin36%43%63%
Vacant homes4 points higher than Austin9.2%5.6%9.4%
Median year homes were builtAbout the same as Austin199119941992

Monthly cost to buy a median home

$9,515
Mortgage payment
$8,681
Property tax
$833
Median rent, for comparison
$1,640

Based on a $1,586,000 home in Ridgewood Village, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereAustinTexas
Median household income20% higher than Austin$112,700$93,658$78,476
Unemployment rate5 points lower than Austin0%4.7%5.3%
People below the poverty line12 points lower than Austin0%12%14%
Adults with a bachelor's degree or higher15 points higher than Austin74%60%34%
Average commute26% lower than Austin17 min24 min27 min
Workers who work from home3 points higher than Austin34%31%14%
Workers who walk, bike or take transitAbout the same as Austin5.3%5.3%2.6%
Homes with broadband internet3 points higher than Austin97%94%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingHigh
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresHigh
  • Winter stormsLow
  • Strong windModerate

Who lives in Ridgewood Village

Under 1813%
18 to 3416%
35 to 6424%
65 and over47%
Race and ethnicity
White80%
Hispanic or Latino4.3%
Black1.8%
Asian6.3%
Other or more than one race8.0%

Shown for information only. It is never part of any grade.

Other neighborhoods in Austin

  1. 1A+TarrytownMedian rent $3,280
  2. 2A+Glen RidgeMedian rent $1,190
  3. 3A+Appaloosa Run
  4. 4A+Northwest HillsMedian rent $1,900
  5. 4A+Westover HillsMedian rent $1,570
  6. 6A+The GroveMedian rent $1,870
  7. 7A+Violet Crown HeightsMedian rent $1,530
  8. 8A+Old West AustinMedian rent $3,270

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A+Avalon PlaceHouston
  2. A+Southampton ExtensionHouston
  3. ALinkwoodHouston

Questions about Ridgewood Village

Is Ridgewood Village a good place to live?

Ridgewood Village is a neighborhood in Austin, TX, home to about 900 people. It gets an A, in the top 12% of Texas neighborhoods, and ranks 18th of 206 areas we score in Austin. It does best on jobs and income and worst on cost of living.

How much does it cost to live in Ridgewood Village?

Renters in Ridgewood Village pay a median of $1,640 a month, 5% lower than the Austin median. The median home is worth $1,586,000, 186% higher than the Austin median. A median home costs 14.1x the median household income, compared with 5.9x across Austin.

What schools serve Ridgewood Village?

The closest rated public schools are Mathews Elementary (elementary, rated A), O Henry Middle (middle, rated B) and Austin High School (high, rated B). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the Ridgewood Village name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.