Living in Edgewood, Illinois
Cost of living, income, home prices, rent and demographics of Edgewood · Census data 2020–2024
Edgewood has 351 residents with a median age of 54.5. The median household income is $47,604 (43% lower than the Illinois median), the median home value is $85,500, the median rent is $591/month.
Edgewood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Edgewood at a glance
- Population
- 351
- Median age
- 54.5State: 39
- Median household income
- $47,604State: $83,390
- Median home value
- $85,500State: $263,300
- Median rent
- $591/moState: $1,274
- Homeowners
- 87.4%
- Bachelor's degree or higher
- 5.6%
- Average commute
- 31 min
Is Edgewood a good place to live?
Pros: Home values 68% lower than the state median.
Cons: Median household income 43% lower than the Illinois median; an average commute of 31 minutes; unemployment of 6.5%; a poverty rate of 18.2%.
The weather is best in May and August to October.
Cost of living in Edgewood
Housing is the biggest part of the cost of living. In Edgewood the median home value is $85,500, 74% lower than the U.S. median. Renters pay a median of $591 per month, which is 51% of household income. Homeowners with a mortgage pay $1,000 a month in housing costs.
Edgewood median household income
The median household income in Edgewood is $47,604 and the income per person is $28,929. 18.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Edgewood: homes for sale and rent
- Housing units
- 188
- Owner-occupied
- 87.4%
- Renter-occupied
- 12.6%
- Vacant
- 6.9%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.01
Edgewood demographics
- Population
- 351
- Median age
- 54.5
- Under 18
- 14%
- 65 and older
- 26.8%
- Households
- 175
- Foreign-born
- 0%
- Veterans
- 9.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Edgewood ›
Education in Edgewood
5.6% of adults 25 and older in Edgewood have a bachelor's degree or higher (Illinois: 37.8%), and 0% have a graduate or professional degree.
Jobs and commute in Edgewood
- Unemployment rate
- 6.5%State: 5.8%
- Average commute
- 31 minState: 28 min
- Work from home
- 1.9%
- Drive alone
- 87.9%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 80%
Edgewood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Edgewood | 351 | $47,604 | $85,500 | $591 |
| Mason | 467 | $65,455 | $82,900 | $911 |
| La Clede | 135 | $43,641 | $63,000 | — |
| Watson | 620 | $74,167 | $100,000 | $742 |
| Farina | 570 | $46,146 | $83,800 | $777 |
| Altamont | 2,282 | $75,510 | $129,800 | $791 |
| St. Peter | 338 | $63,500 | $99,600 | $650 |
| St. Elmo | 1,257 | $45,294 | $82,600 | $762 |
| Louisville | 1,163 | $43,750 | $87,100 | $581 |
More for people moving to Edgewood
Edgewood ZIP code ›Weather and climate ›Living in Edgewood: FAQ
What is the median household income in Edgewood, IL?
The median household income in Edgewood is $47,604, 43% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Edgewood?
The median home value in Edgewood is $85,500, compared with $263,300 in Illinois.
How much is rent in Edgewood?
The median gross rent in Edgewood is $591 per month, about 51% of household income.
Is Edgewood, IL a good place to live?
Pluses: home values 68% lower than the state median. Minuses: median household income 43% lower than the Illinois median; an average commute of 31 minutes; unemployment of 6.5%; a poverty rate of 18.2%.
What is the median age in Edgewood?
The median age in Edgewood is 54.5 years (Illinois: 39).
How long is the commute in Edgewood?
The average commute to work in Edgewood is 31 minutes; 1.9% of workers work from home.
What is the unemployment rate in Edgewood?
The unemployment rate in Edgewood is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Edgewood?
5.6% of adults in Edgewood have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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