Living in Edgewood, Indiana

Cost of living, income, home prices, rent and demographics of Edgewood · Census data 2020–2024

Edgewood has 2,121 residents with a median age of 41.9. The median household income is $87,770 (22% higher than the Indiana median), the median home value is $200,100, the median rent is $1,050/month.

Edgewood at a glance

Population
2,121
Median age
41.9State: 38.1
Median household income
$87,770State: $71,957
Median home value
$200,100State: $218,200
Median rent
$1,050/moState: $1,062
Homeowners
92.8%
Bachelor's degree or higher
38%
Average commute
27 min

Is Edgewood a good place to live?

Pros: Median household income 22% higher than the Indiana median; home values 8% lower than the state median; unemployment of 1.8%; a poverty rate of 2.9%.

Cons: An average commute of 27 minutes.

The weather is best in June to September.

Cost of living in Edgewood

Housing is the biggest part of the cost of living. In Edgewood the median home value is $200,100, 40% lower than the U.S. median. Renters pay a median of $1,050 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,337 a month in housing costs.

Median home value

Edgewood$200,100
Indiana$218,200
United States$332,700

Median monthly rent

Edgewood$1,050
Indiana$1,062
United States$1,413

Edgewood median household income

The median household income in Edgewood is $87,770 and the income per person is $48,612. 2.9% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Edgewood$87,770
Indiana$71,957
United States$80,734

Housing in Edgewood: homes for sale and rent

Housing units
835
Owner-occupied
92.8%
Renter-occupied
7.2%
Vacant
2.3%Includes seasonal homes
Median year built
1956
Average household size
2.60

Edgewood demographics

Population
2,121
Median age
41.9
Under 18
25.7%
65 and older
24.2%
Households
816
Foreign-born
2.8%
Veterans
6.6%Adults 18+

Race and ethnicity

White85.7%
Hispanic or Latino3%
Black1.7%
Asian1.6%

Hispanic or Latino can be of any race. Population history of Edgewood ›

Education in Edgewood

38% of adults 25 and older in Edgewood have a bachelor's degree or higher (Indiana: 29.5%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Edgewood38%
Indiana29.5%
United States35.7%

Jobs and commute in Edgewood

Unemployment rate
1.8%State: 4.3%
Average commute
27 minState: 24 min
Work from home
12.7%
Drive alone
80.6%
Public transit
2.4%
Walk to work
0.5%
Homes with broadband
93.1%

Edgewood vs nearby towns

TownPopulationMedian incomeHome valueRent
Edgewood2,121$87,770$200,100$1,050
Anderson55,367$46,909$119,000$925
Country Club Heights189$110,000$246,900—
Pendleton5,321$86,806$248,200$1,209
Fishersburg190$46,429$154,200—
Lapel2,668$79,778$220,400$1,318
Chesterfield2,489$58,824$113,100$964
Frankton1,658$68,611$140,400$1,186
Daleville1,584$50,795$117,300$779

More for people moving to Edgewood

Edgewood ZIP code ›Weather and climate ›

Living in Edgewood: FAQ

What is the median household income in Edgewood, IN?

The median household income in Edgewood is $87,770, 22% higher than the Indiana median of $71,957 (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 $200,100, compared with $218,200 in Indiana.

How much is rent in Edgewood?

The median gross rent in Edgewood is $1,050 per month, about 22.5% of household income.

Is Edgewood, IN a good place to live?

Pluses: median household income 22% higher than the Indiana median; home values 8% lower than the state median; unemployment of 1.8%; a poverty rate of 2.9%. Minuses: an average commute of 27 minutes.

What is the median age in Edgewood?

The median age in Edgewood is 41.9 years (Indiana: 38.1).

How long is the commute in Edgewood?

The average commute to work in Edgewood is 27 minutes; 12.7% of workers work from home.

What is the unemployment rate in Edgewood?

The unemployment rate in Edgewood is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Edgewood?

38% 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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