Living in Edgewater, Maryland
Cost of living, income, home prices, rent and demographics of Edgewater · Census data 2020–2024
Edgewater has 8,519 residents with a median age of 40.4. The median household income is $114,365 (10% higher than the Maryland median), the median home value is $454,100, the median rent is $2,208/month.
Edgewater at a glance
- Population
- 8,519
- Median age
- 40.4State: 39.4
- Median household income
- $114,365State: $103,678
- Median home value
- $454,100State: $419,900
- Median rent
- $2,208/moState: $1,705
- Homeowners
- 83.4%
- Bachelor's degree or higher
- 41.1%
- Average commute
- 36 min
Is Edgewater a good place to live?
Pros: Median household income 10% higher than the Maryland median; unemployment of 3.9%; a poverty rate of 4.6%.
Cons: Home values 8% higher than the state median; an average commute of 36 minutes.
The weather is best in May–June and September–October.
Cost of living in Edgewater
Housing is the biggest part of the cost of living. In Edgewater the median home value is $454,100, 36% higher than the U.S. median. Renters pay a median of $2,208 per month, which is 32.7% of household income. Homeowners with a mortgage pay $2,412 a month in housing costs.
Edgewater median household income
The median household income in Edgewater is $114,365 and the income per person is $56,416. 4.6% of residents live below the poverty line (Maryland: 9.4%).
Housing in Edgewater: homes for sale and rent
- Housing units
- 3,935
- Owner-occupied
- 83.4%
- Renter-occupied
- 16.6%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 2.37
Edgewater demographics
- Population
- 8,519
- Median age
- 40.4
- Under 18
- 21%
- 65 and older
- 20.7%
- Households
- 3,539
- Foreign-born
- 7.2%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Edgewater ›
Education in Edgewater
41.1% of adults 25 and older in Edgewater have a bachelor's degree or higher (Maryland: 43.4%), and 15.5% have a graduate or professional degree.
Jobs and commute in Edgewater
- Unemployment rate
- 3.9%State: 4.9%
- Average commute
- 36 minState: 31 min
- Work from home
- 20.7%
- Drive alone
- 71.3%
- Public transit
- 0.2%
- Walk to work
- 2.8%
- Homes with broadband
- 97%
Edgewater vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Edgewater | 8,519 | $114,365 | $454,100 | $2,208 |
| Riva | 4,976 | $176,094 | $644,500 | $1,875 |
| Annapolis Neck | 12,032 | $173,879 | $739,100 | $2,489 |
| Mayo | 8,694 | $155,300 | $604,900 | $2,372 |
| Parole | 17,229 | $120,361 | $533,500 | $2,306 |
| Annapolis | 40,720 | $113,860 | $548,900 | $1,860 |
| Highland Beach | 107 | $169,375 | $767,900 | — |
| Naval Academy | 3,006 | $122,432 | — | $2,918 |
| Crownsville | 1,756 | $201,550 | $997,700 | — |
More for people moving to Edgewater
Edgewater ZIP code ›Weather and climate ›Living in Edgewater: FAQ
What is the median household income in Edgewater, MD?
The median household income in Edgewater is $114,365, 10% higher than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Edgewater?
The median home value in Edgewater is $454,100, compared with $419,900 in Maryland.
How much is rent in Edgewater?
The median gross rent in Edgewater is $2,208 per month, about 32.7% of household income.
Is Edgewater, MD a good place to live?
Pluses: median household income 10% higher than the Maryland median; unemployment of 3.9%; a poverty rate of 4.6%. Minuses: home values 8% higher than the state median; an average commute of 36 minutes.
What is the median age in Edgewater?
The median age in Edgewater is 40.4 years (Maryland: 39.4).
How long is the commute in Edgewater?
The average commute to work in Edgewater is 36 minutes; 20.7% of workers work from home.
What is the unemployment rate in Edgewater?
The unemployment rate in Edgewater is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Edgewater?
41.1% of adults in Edgewater 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.
Last updated: