Median Income
$84,000
12% higher than US avg
Home Value
$400,000
42% higher than US avg
Bachelor's+
11.6%
66% lower than US avg
Median Rent
$1,310
13% higher than US avg
Unemployment
12.6%
250% higher than US avg
Poverty Rate
6.6%
47% lower than US avg
How Point Edward Compares to the U.S. Average (100% = U.S. avg)
People
Population1,930
Median Age55.2 yrs
Density1,515/mi²
Male / Female48% / 52%
Largest GroupWhite 98%
Economy
B
Median Income$84,000
Per Capita$53,800
Unemployment12.6%
Poverty6.6%
Commute17 min
Housing
B+
Home Value$400,000
Rent$1,310
OwnershipN/A
Housing Units940
Rent Burden10.1%
Education
D
Bachelor's+11.6%
High School+27.2%
Graduate+4.1%
Is Point Edward a Good Place to Live?
Based on current data, Point Edward receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Point Edward offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Point Edward is $84,000, 12% above the national average of $75,149. Residents generally enjoy above-average earning potential. At 12.6%, unemployment is notably high. Only 6.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 17 minutes, shorter than most U.S. cities.
Cost of Living & Housing
The median home value in Point Edward is $400,000, 42% above the national median. Renters pay a median of $1,310 per month. A price-to-income ratio of 4.8x indicates a reasonably affordable housing market.
Education
11.6% of residents hold a bachelor's degree, below the national average of 33.7%. 27.2% have completed high school.
Point Edward has a population of 1,930 with a density of 1,515 people per square mile. The median age is 55.2 years, 42% older than the national median of 38.9. The city is predominantly White (97.9%).
Population
55.2yrs
Median Age
42% above US avg
Race & Ethnicity
Point Edward vs U.S. Average
Language Spoken at Home
| English Only | 94.6% |
| 20% above US avg |
| Spanish | 1.8% |
| 86% below US avg |
| Other Languages | 3.6% |
Social Characteristics
Point Edward vs U.S. Average
The median household income in Point Edward is $84,000, which is 12% above the national average of $75,149. The unemployment rate is 12.6% (above the 3.6% US average). 6.6% of residents live below the poverty line. Workers commute an average of 17 minutes.
Income: Point Edward vs U.S.
Income
| Median HH Income | $84,000 |
| 12% above US avg |
| Per Capita Income | $53,800 |
Employment & Poverty
| Unemployment | 12.6% |
| 250% above US avg |
| Poverty Rate | 6.6% |
| 47% below US avg |
Commute & Transportation
| Commute Time | 16.8 min |
| Drive Alone | 91.0% |
| Public Transit | 0.0% |
| Work from Home | 17.2% |
The median home value in Point Edward is $400,000, 42% above the national average. Monthly rent averages $1,310 (13% above US avg).
Home Values
| Census Median | $400,000 |
| 42% above US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $1,310 |
| 13% above US avg |
| Rent Burden | 10.1% |
Ownership & Property
| Owner-Occupied | 85.1% |
| Renter-Occupied | 14.9% |
| Housing Units | 940 |
Property Tax