Is Edgewood, Maryland a Good Place To Live? - Living In Edgewood, MD

Is Edgewood, Maryland a good place to live?
Edgewood is a city in Maryland state in USA with a population of 25065 residents.. The poverty rate of Edgewood is 13.6%, which is 3% lower than national average. The typical household in Edgewood earns $68420 a year, compared to the national median of $67,500. Nearly 39.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Edgewood, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgewood remained 6.4%, which is 36% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Edgewood, only 21% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Edgewood is 103, which is 3% higher than national average. Median home value in Edgewood is $183700 , which is 20% lower than national average. While median income in Edgewood remained $68420, which is 1% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
25065
Unemployment
6.4%
36% NAT AVG.
Poverty
13.6%
3% NAT AVG.
Overall Score
6
Median Home Cost
$183700
20% NAT AVG.
Median Income
$68420
1% NAT AVG.
Median Rent
$1180
2% NAT AVG.
Cost Of Living
103
3% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 16
People Earning < $10,000
1 in 11
People Earning < $50,000
39.1%
People with <= High School
1 in 2.4
People With Any Degree
1 in 3.3
Pros & Cons Overview

Jobs70%

Housing80%

Affordability70%

Safety85%

Amenities85%

Diversity95%

Education80%

Commute50%