Why Live in Carpenter-Ridgeway
Carpenter-Ridgeway is a Madison neighborhood that's just a 5-mile drive from downtown. This area features a mix of commercial activity and residential spaces. Housing options include side-by-side duplexes, townhouses, Cape Cods, colonials, Arts and Crafts designs, and ranch-style homes. The neighborhood's amenities include Carpenter-Ridgeway Park, which offers a playground, an open playfield and access to the Starkweather Creek Path. A 3-mile trail, the Starkweather Creek Path leads to The Bridges Golf Course, which is an 18-hole circuit with a clubhouse that serves a popular Friday fish fry. Residents can also enjoy restaurants such as Brothers Three Bar & Grill and La Taguara, a Venezuelan eatery. Retail options include Retro Revolution, an antique store, and nearby chains like Pick 'n Save and Walgreens. The Madison Metropolitan School District serves the neighborhood, and the well-rated East High is close by. The neighborhood benefits from its proximity to the Dane County Regional Airport, and bike paths connect to other parts of Madison. Carpenter-Ridgeway has a moderate risk of flooding and fires, and water pollution in Starkweather Creek has been a concern.
Frequently Asked Questions
Is Carpenter-Ridgeway a good place to live?
Carpenter-Ridgeway is a good place to live. Carpenter-Ridgeway is considered somewhat walkable and very bikeable with some transit options. Carpenter-Ridgeway is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Carpenter-Ridgeway has 7 parks for recreational activities. It is somewhat dense in population with 8.2 people per acre and a median age of 39. The average household income is $62,395 which is below the national average. College graduates make up 41.1% of residents. A majority of residents in Carpenter-Ridgeway are renters, with 59.1% of residents renting and 40.9% of residents owning their home. A
local real estate agent serving Carpenter-Ridgeway can help you decide if this neighborhood is the right one for you. Learn more on our
Carpenter-Ridgeway neighborhood guide.
Is Carpenter-Ridgeway, WI a safe neighborhood?
Carpenter-Ridgeway, WI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Carpenter-Ridgeway?
The median home price in Carpenter-Ridgeway is $321,950. If you put a 20% down payment of $64,400 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $68K a year to afford the median home price in Carpenter-Ridgeway. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Carpenter-Ridgeway is $62K.
What are the best public schools in Carpenter-Ridgeway?
The best public schools that serve Carpenter-Ridgeway are:
- East High School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 3.5.
- O'Keeffe Middle has a B+ Niche grade, a student teacher ratio of 13:1 and an average review score of 3.0.
- Hawthorne Elementary School has a C+ Niche grade and a student teacher ratio of 10:1.
What are the best private schools in Carpenter-Ridgeway?
The best private schools that serve Carpenter-Ridgeway are:
What are the most popular zip codes in Carpenter-Ridgeway, Madison, WI?
What are the most popular neighborhoods near Carpenter-Ridgeway, Madison, WI?
Are home prices dropping in Carpenter-Ridgeway?
Yes, home prices in Carpenter-Ridgeway are down 11% in the last 12 months.
Home Trends in Carpenter-Ridgeway, WI
On average, homes in Carpenter-Ridgeway, Madison sell after 6 days on the market compared to the national average of 53 days. The median sale price for homes in Carpenter-Ridgeway, Madison over the last 12 months is $328,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$328,000
Median Single Family Sale Price
$326,000
Median 2 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$234
Number of Homes for Sale
0
Last 12 months Home Sales
4
Median List Price
$321,950
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
0%