Edgewood, IN

Full City Profile · Indiana · Madison County County

4.5 /5.0
A+ Excellent
2,101 Population 2,626/sq mi density
$85,842 Median Income $47,489 per capita
$173,800 Home Value $223,715 Zillow
$1,296 Median Rent 22.5% income on rent
53°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.7 / 5.0
$85,842 median income, 1.1% unemployment
A+
Affordability
5.0 / 5.0
$173,800 home value, $1,296/mo rent
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher

Edgewood, IN

At a Glance

Median Income
$85,842
14% above
$47,489 per capita
Home Value
$173,800
38% below
Zillow: $223,715
Median Rent
$1,296/mo
11% above
22.5% of income on rent
Bachelor's Degree+
35.4%
5% above
97.7% high school+
Unemployment
1.1%
69% below
5.3% poverty rate
Obesity Rate
33.9%
6% above
15.0% smoking rate
Avg Temperature
53°F

How Edgewood Compares to the U.S. Average

Each bar shows Edgewood's value as a percentage of the national average (100% = U.S. avg)

Income
114%
Home Value
62%
Rent
111%
Poverty
43%
Bachelor's
105%
Unemployment
31%
Thin vertical line = U.S. national average (100%)

Is Edgewood a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Edgewood residents earn a median household income of $85,842 , which is 14% above the national average of $75,149. Per capita income is $47,489. The unemployment rate stands at 1.1% (69% below the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 2,484 business establishments, including 230 restaurants.

Housing & Cost of Living

The median home value in Edgewood is $173,800 , 38% below the national median of $281,900. Zillow estimates the typical home at $223,715. Median rent is $1,296/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1955.

Education

35.4% of adults in Edgewood hold a bachelor's degree or higher (5% above the national average). 97.7% have completed high school. Local schools score 5.5/10 in standardized testing.

Climate & Weather

Edgewood has an average annual temperature of 53°F (11°C). Winters average 28°F in January while summers reach 74°F in July. Annual precipitation totals 43.8 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population2,101
Median Age39.8 yrs
Density2,626/mi²
Male / Female45% / 55%
Foreign Born2.8%
Veterans7.9%

Economy

A+
Median Income$85,842
Per Capita$47,489
Unemployment1.1%
Poverty5.3%
County GDP$5,526M
Avg Weekly Wage$961

Housing

A+
Home Value$173,800
Rent$1,296
Ownership94.3%
Zillow$223,715
Housing Units819
Rent Burden22.5%

Health

Obesity33.9%
Diabetes10.2%
Smoking15.0%
Heart Disease5.3%
Premature Death11,656/100K

Climate

Avg Temp53°F
Rain43.8 in/yr
AQI42 (Good)
Elevation870 ft

Education

B+
Bachelor's+35.4%
High School+97.7%
Graduate+9.1%
School Score5.5/10

Community

2024 VoteR 63% / D 36%
Commute28 min
Broadband93.0%
Internet Speed103 Mbps
EV Stations2
Libraries8

Did You Know?

The median home in Edgewood was built in 1955.
The nearest airport is Delaware County Regional (20 miles).
The Gini coefficient (income inequality) is 0.437 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.4% of the population has a disability.
Average internet download speed is 103 Mbps.
There are 230 restaurants in the area.
The county recorded 13 fatal vehicle crashes.