Olde Towne Retail and Office Center
Featured in Money magazine's "100 Best Places to Live," the Ridgeland
continues to grow and prosper and remains the heart of the metro retail
community. Ridgeland's local government is not only
committed to creating an environment supportive of business growth, but
also focuses on the many features of Ridgeland that attract residents
to the town: excellent schools, safe neighborhoods, affordable homes, a
thriving cultural community, and leisure activities too numerous to
list.
Here are a few salient statistics:
Here are a few salient statistics:
- Since 2000, the population of Madison County has increased 19.7%, to over 89,000.
- In 2004, retail sales in Ridgeland were $777 million; in Madison County, they reached over $1.5 billion. The sales tax collections for the past nine months have increased dramatically at the rate of 11.39%.
- With regard to job growth, at 21.7% Ridgeland outpaced most of the other places named by Money Magazine, which averaged only 13.41%.
- Ridgeland’s total assessed value of residential, commercial and industrial land climbed from $324,042,393 in 2005 to $364,484,065 in 2006.
- In reports released by the Community Development Department of the City of Ridgeland for fiscal year ending September 2005, the city issued $76.2 million in building permits. $45.2 of that total was a result of new nonresidential building.
- New residential buildings included 103 new single-family detached houses and no multi-family dwellings. Additions, alterations, and conversions of residential and nonresidential properties were valued at $7.7 million.
- Compared to fiscal year 2004, the City of Ridgeland experienced an increase in total value of building permits issued of approximately $7.9 million. New nonresidential building permits saw an increase from last year of over $25.1 million.
