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 Rate | 0.7% |
| Poverty Rate | 5.3% |
| Gini Coefficient | 0.437 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 74.2% |
| Public Transit | 2.1% |
| Work From Home | 13.5% |
Businesses
| Total Establishments | 2,484 |
| Restaurants | 230 |
| Healthcare | 308 |
| Retail | 345 |
| Manufacturing | 104 |
Tax
| IRS Avg AGI | $59,559 |
| Avg Property Tax | $2,964 |
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