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City · 5,366 residents · Sarasota County, Florida

Ridge Wood Heights , Florida

In Ridge Wood Heights, a typical home is worth $370,700 and typical rent is $1,587 a month. Compared with all of Sarasota County, typical household income is 16% lower and typical rent is 13% lower.

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  • Typical home value

    $370,700

    10% below the county

    3% above Florida

    • Ridge Wood Heights
    • Sarasota
    • Florida

  • Typical rent

    $1,587a month

    13% below the county

    5% below Florida

    • Ridge Wood Heights
    • Sarasota
    • Florida

  • Typical household income

    $69,894a year

    16% below the county

    6% below Florida

    • Ridge Wood Heights
    • Sarasota
    • Florida

  • Households that own their home

    77%

    About the same as the county

    9 points above Florida

    • Ridge Wood Heights
    • Sarasota
    • Florida

Source: U.S. Census Bureau, Average 2020–2024

Ridge Wood Heights is in Sarasota County. The FHA loan limit ($547,400 for a one-unit home), the fair market rents and the help on this page are those of all of Sarasota County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ridge Wood Heights apart

What this place has that others do not, from public data, most unusual first.

  1. Ridge Wood Heights has the 4th smallest share of rent-burdened renters of the 434 cities in Florida with more than 5,000 people (34%).

  2. The typical household income in Ridge Wood Heights is $69,894, 16% less than in Sarasota County as a whole ($83,416).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Ridge Wood Heights

What homes there are in Ridge Wood Heights, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 74% of homes here, against 58% in Sarasota County.

Year built

Homes in Ridge Wood Heights are older: the typical year built is 1980; in Sarasota County, 1988.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,908 a month

Sarasota County: $1,976 a month

Without a mortgage

$624 a month

Sarasota County: $783 a month

Owners with a mortgage

55%

Sarasota County: 48%

In Ridge Wood Heights, 55% of owners have a mortgage; their typical cost is $1,908 a month, about the same as in Sarasota County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Ridge Wood Heights rose 67% since 2015–2019, more than in Sarasota County (64%).

Rents in Ridge Wood Heights rose at about the same pace as in Sarasota County: 40% since 2015–2019, against 42%.

The typical household income in Ridge Wood Heights rose 31%: less than home values (+67%) and rent (+40%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureRidge Wood HeightsSarasota CountyFloridaUnited States
Rental vacancy Unreliable estimate6.1%7.6%5.5%
Homeowner vacancy Unreliable estimate1.0%1.4%0.9%
More than one person per room Unreliable estimate1.6%3.3%3.4%
People per household 2.172.132.512.53
Drive alone 72%72%70%69%
Carpool Unreliable estimate9%9%9%
Public transit Unreliable estimate0%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 15%17%16%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Ridge Wood Heights look like those in Sarasota County: 2.17 people on average.

The car rules in Ridge Wood Heights: 72% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Ridge Wood Heights?

A typical home costs more than the typical income allows

We start with a typical home in Ridge Wood Heights, worth $370,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 51% of the typical household income in Ridge Wood Heights, which is $69,894 a year. For that payment to be 28% of income, a household would need to earn about $127,928 a year.

The calculator's FHA and conventional loan limits are those of all of Sarasota County.

Your numbers

Local data
$

Starts at the typical home value in Ridge Wood Heights. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $12,975 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,985

at 7.18% · 30 years

Loan amount
$363,985
Total interest
$523,689
Paid off in
November 2056

Includes $6,260 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,631 a month

  • Tight

    $1,631 to $2,097 a month

  • Hard

    more than $2,097 a month

    Your payment · 51%

Compared with the typical household income in Ridge Wood Heights ($69,894 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,985
Principal & interest$2,466
Property tax$201
Home insurance$155
FHA mortgage insurance (MIP)$164

You need at least $12,975 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Ridge Wood Heights and Sarasota County

Ridge Wood Heights is in Sarasota County, Florida. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Ridge Wood Heights's own numbers

Typical home value
$370,700
Typical monthly rent
$1,587
Typical yearly household income
$69,894
Households that own their home
77%
Effective property tax rate
0.65%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Sarasota County

FHA limit, one-unit home
$547,400
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,188
Price change over 5 years (FHFA)
+52%
Homes in a high flood-risk zone
20%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Sarasota County.

Everything about Sarasota County

Buying

Buying a home in Ridge Wood Heights

A typical home in Ridge Wood Heights is worth $370,700: 10% below the county and 3% above Florida. With the typical household income in Ridge Wood Heights ($69,894 a year), a typical home costs 5.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Ridge Wood Heights 5.3 years
  • Sarasota 4.9 years
  • Florida 4.8 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Sarasota County

According to FHFA’s house price index, home prices in Sarasota County rose 111% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Sarasota County.

Period County Florida U.S.
Last year (2025) −4.4% −0.5% +2.9%
5 years (2020–2025) +52% +60% +47%
10 years (2015–2025) +111% +127% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Ridge Wood Heights next to Sarasota County, Florida and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Ridge Wood Heights $370,700
  • Sarasota $411,800
  • Florida $359,000
  • United States $332,700
Typical monthly rent
  • Ridge Wood Heights $1,587
  • Sarasota $1,818
  • Florida $1,669
  • United States $1,413
Typical yearly household income
  • Ridge Wood Heights $69,894
  • Sarasota $83,416
  • Florida $74,568
  • United States $80,734
See the full table
Ridge Wood Heights next to Sarasota County and Florida
Measure Ridge Wood Heights Sarasota County Florida U.S.
Typical home value $370,700 $411,800 $359,000 $332,700
Typical monthly rent $1,587 $1,818 $1,669 $1,413
Typical yearly household income $69,894 $83,416 $74,568 $80,734
Households that own their home 77% 77% 68% 65%
Typical yearly property tax $2,408 $3,106 $2,730 $3,119
Effective property tax rate 0.65% 0.75% 0.76% 0.94%
Renters with high rent for their income 34% 59% 60% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Sarasota County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Ridge Wood Heights

For a typical $370,700 home in Ridge Wood Heights, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ridge Wood Heights's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,985a month

    Least cash to close
    Down payment
    $12,975
    Cash to close
    $24,096
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $164

  • Conventional, 5% down $2,917a month

    Down payment
    $18,535
    Cash to close
    $29,656
    Rate
    7.18%
    Mortgage insurance
    PMI · $176

  • Conventional, 20% down, no PMI $2,364a month

    Down payment
    $74,140
    Cash to close
    $85,261
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,707a month

    Down payment
    $55,605
    Cash to close
    $66,726
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Ridge Wood Heights and for Sarasota County.

Property tax

Effective rate in Ridge Wood Heights

0.65%of the home’s value each year

$2,408 a year for the typical owner in Ridge Wood Heights.

  • Ridge Wood Heights 0.65%
  • Sarasota 0.75%
  • Florida 0.76%

What Florida publishes Homestead exemption (Florida Department of Revenue)

Exemptions and deadlines in Florida

Flood risk in Sarasota County

FEMA does not publish these numbers by city: they are for all of Sarasota County.

Homes in the high-risk zone
20%
41,803
Of those, with NFIP insurance
42%
County Florida U.S.
Homes in the high-risk zone 20% 13% 3.5%
Of those, with NFIP insurance 42% 67% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ridge Wood Heights

Typical rent in Ridge Wood Heights is $1,587 a month: 13% below the county. In Ridge Wood Heights, 34% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Sarasota County, by unit size. To pay the 2-bedroom one ($2,188 a month) without spending more than 30% of your income, you would need to earn $42.08 an hour working full time.

HUD fair market rent for all of Sarasota County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,749 $33.63 $69,960
1 bedroom $1,876 $36.08 $75,040
2 bedrooms $2,188 $42.08 $87,520
3 bedrooms $2,775 $53.37 $111,000
4 bedrooms $3,309 $63.63 $132,360

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Ridge Wood Heights

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ridge Wood Heights is in ZIP code 34231.

For 2 bedrooms it is $2,260: $72 more than the fair market rent for Sarasota County ($2,188).

  • 34231 $2,260$2,870

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ridge Wood Heights when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Ridge Wood Heights

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Sarasota County. The nearest ones are below; many serve by phone or online.

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Ridge Wood Heights

No down payment, repair or rent-help program on our list is for Ridge Wood Heights or Sarasota County. The ones below are statewide in Florida: they work in Ridge Wood Heights the same as in the rest of the state.

Which programs do I qualify for? All programs in Florida

Housing counselors near Ridge Wood Heights

The HUD-approved agencies closest to the center of Ridge Wood Heights, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Rooted Communities, Inc.

    8466 Lockwood Ridge Rd, Sarasota · 7 miles away

    • Budget and financial counseling
    • Pre-purchase counseling
    • and 1 more
    (941) 809-2231

  • Step Up Suncoast, Inc. F/K/A Manatee Community Action Agency, Inc.

    6428 Parkland Dr, Sarasota · 10 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (941) 827-0118

  • Florida Home Partnership Inc

    201 14th Ave SE, Ruskin · 29 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 3 more
    (813) 672-7860

All counseling agencies in Florida

Help in Spanish near Ridge Wood Heights

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Ridge Wood Heights

In HUD’s record, no housing authority with an office in Sarasota County is named for Ridge Wood Heights or Sarasota County.

2 other authorities have an office in Sarasota County: see the list Source: HUD

Cities

Other cities in Sarasota County

These cities are also in Sarasota County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Sarasota County Housing in Florida
See 4 more cities in Sarasota County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Ridge Wood Heights, with the typical home value.

Neighboring counties

If Sarasota County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Ridge Wood Heights.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Ridge Wood Heights

Short answers with the numbers for Ridge Wood Heights and all of Sarasota County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Ridge Wood Heights?

The typical home value in Ridge Wood Heights is $370,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Sarasota County it is $411,800.

How much does it cost to rent in Ridge Wood Heights?

Typical rent in Ridge Wood Heights is $1,587 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Sarasota County is $2,188.

What is the FHA loan limit in Ridge Wood Heights?

Ridge Wood Heights uses the FHA limit for all of Sarasota County (2026): $547,400 for a one-unit home and $1,052,700 for a four-unit home.

How much property tax do owners pay in Ridge Wood Heights?

The typical homeowner in Ridge Wood Heights pays $2,408 a year, according to the U.S. Census Bureau. That is 0.65% of the home’s value; in Sarasota County, the rate is 0.75%.

Where can I find free help to buy or rent in Ridge Wood Heights?

We found no HUD-approved counseling agencies with an office in Sarasota County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).