Living in Edgewood, Maryland

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

Edgewood has 24,922 residents with a median age of 35. The median household income is $80,772 (22% lower than the Maryland median), the median home value is $242,200, the median rent is $1,375/month.

Edgewood at a glance

Population
24,922
Median age
35State: 39.4
Median household income
$80,772State: $103,678
Median home value
$242,200State: $419,900
Median rent
$1,375/moState: $1,705
Homeowners
70.4%
Bachelor's degree or higher
22.2%
Average commute
31 min

Is Edgewood a good place to live?

Pros: Home values 42% lower than the state median; an average commute of 31 minutes.

Cons: Median household income 22% lower than the Maryland median; unemployment of 7.9%; a poverty rate of 12%.

The weather is best in May–June and August–September.

Cost of living in Edgewood

Housing is the biggest part of the cost of living. In Edgewood the median home value is $242,200, 27% lower than the U.S. median. Renters pay a median of $1,375 per month, which is 36.4% of household income. Homeowners with a mortgage pay $1,643 a month in housing costs.

Median home value

Edgewood$242,200
Maryland$419,900
United States$332,700

Median monthly rent

Edgewood$1,375
Maryland$1,705
United States$1,413

Edgewood median household income

The median household income in Edgewood is $80,772 and the income per person is $35,848. 12% of residents live below the poverty line (Maryland: 9.4%).

Median household income

Edgewood$80,772
Maryland$103,678
United States$80,734

Housing in Edgewood: homes for sale and rent

Housing units
10,211
Owner-occupied
70.4%
Renter-occupied
29.6%
Vacant
5%Includes seasonal homes
Median year built
1980
Average household size
2.56

Edgewood demographics

Population
24,922
Median age
35
Under 18
26.1%
65 and older
13.2%
Households
9,703
Foreign-born
8.1%
Veterans
10.2%Adults 18+

Race and ethnicity

White41.1%
Hispanic or Latino11.4%
Black37.9%
Asian1.2%

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

Education in Edgewood

22.2% of adults 25 and older in Edgewood have a bachelor's degree or higher (Maryland: 43.4%), and 10% have a graduate or professional degree.

Bachelor's degree or higher

Edgewood22.2%
Maryland43.4%
United States35.7%

Jobs and commute in Edgewood

Unemployment rate
7.9%State: 4.9%
Average commute
31 minState: 31 min
Work from home
9.5%
Drive alone
74.7%
Public transit
0.8%
Walk to work
1.5%
Homes with broadband
90.3%

Edgewood vs nearby towns

TownPopulationMedian incomeHome valueRent
Edgewood24,922$80,772$242,200$1,375
Joppatowne14,237$117,881$342,300$1,729
Abingdon5,019$136,833$366,200$2,083
Riverside6,585$105,785$246,100$1,898
Perryman2,174$35,392$245,400—
Bel Air South58,137$123,653$405,900$1,757
Pleasant Hills3,836$166,339$532,900$1,875
Honeygo12,250$146,384$484,100$2,500
Kingsville4,687$128,563$567,400$721

More for people moving to Edgewood

Edgewood ZIP code ›Weather and climate ›

Living in Edgewood: FAQ

What is the median household income in Edgewood, MD?

The median household income in Edgewood is $80,772, 22% lower 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 Edgewood?

The median home value in Edgewood is $242,200, compared with $419,900 in Maryland.

How much is rent in Edgewood?

The median gross rent in Edgewood is $1,375 per month, about 36.4% of household income.

Is Edgewood, MD a good place to live?

Pluses: home values 42% lower than the state median; an average commute of 31 minutes. Minuses: median household income 22% lower than the Maryland median; unemployment of 7.9%; a poverty rate of 12%.

What is the median age in Edgewood?

The median age in Edgewood is 35 years (Maryland: 39.4).

How long is the commute in Edgewood?

The average commute to work in Edgewood is 31 minutes; 9.5% of workers work from home.

What is the unemployment rate in Edgewood?

The unemployment rate in Edgewood is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Edgewood?

22.2% 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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