Various embodiments of the present disclosure provide a ride height sensing system that includes an encoded electromagnetic source as an input unit for a Hall Effect sensors and the signal from the electromagnet is encoded to enable the rejection of ambient magnetic field. In various embodiments, the ride height sensing system includes a self-calibration system including at least one Hall effect sensor mounted at a fixed distance and orientation with respect to the electromagnetic source to provide for continuous calibration of the system. In one embodiment, the enhanced ride height sensing system includes at least two inertial measurement units, such as accelerometers mounted to each of the body frame of the vehicle and the axle frame of the vehicle. This enables the system to optimize power usage by more accurately and efficiently measuring the ride height at high frequency rates with relatively lower power consumption.