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Edgewood, IN

Full City Profile · Indiana · Madison County County

3.6 /5.0
B+ Good
2,101 Population 2,626/sq mi density
$85,842 Median Income $47,489 per capita
$173,800 Home Value $216,168 Zillow
$1,296 Median Rent 22.5% income on rent
53°F Avg Temperature 275 sunny days/yr
342 Violent Crime/100K 4,483 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$85,842 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$173,800 home value, $1,296/mo rent
F
Safety
1.0 / 5.0
342 violent crimes/100K
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher

Income Overview

Median Household Income
$85,842
14% above
US avg: $75,149
Per Capita Income
$47,489
22% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
5.3%
57% below
US avg: 12.4%

Income Comparison: Edgewood vs. U.S. Average

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

Median Household
US: $75,149
$85,842
114%
Per Capita
US: $39,052
$47,489
122%
IRS Avg AGI
US: $72,000
$59,559
83%
Avg Weekly Wage
US: $1,432
$961
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$961
33% below US avg ($1,432)
Mean Commute Time
28 min
0% below US avg (28 min)
Work From Home
13.5%
11% below US avg (15.2%)
Drive Alone
74.2%
1% above US avg (73.2%)
Public Transit
2.1%
59% below US avg (5.0%)
County GDP
$5,526M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 74.2%
Public Transit 2.1%
Work From Home 13.5%
Other 10.2%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,484
Restaurants
230
Healthcare
308
Retail
345
Manufacturing
104

Tax & Financial

IRS Avg Adjusted Gross Income
$59,559
17% below US avg ($72,000)
Avg Property Tax
$2,964
15% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$85,842
Per Capita Income$47,489
IRS Avg Adjusted Gross Income$59,559
Avg Weekly Wage$961
County GDP$5,526M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate5.3%
Gini Coefficient0.437
Cost of Living Index93.3

Commute

Mean Commute28 minutes
Drive Alone74.2%
Public Transit2.1%
Work From Home13.5%

Businesses

Total Establishments2,484
Restaurants230
Healthcare308
Retail345
Manufacturing104

Tax

IRS Avg AGI$59,559
Avg Property Tax$2,964