Is Edgewood, New Mexico a Good Place To Live? - Living In Edgewood, NM
Is Edgewood, New Mexico a good place to live?
Edgewood is a city in New Mexico state in USA with a population of 6113 residents..
The poverty rate of Edgewood is 11%, which is 21% lower than national average.
The typical household in Edgewood earns $68766 a year, compared to the national median of $67,500.
Nearly 36.6% 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 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgewood remained 5.4%, which is 15% 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 30% of adults have a bachelor's degree and 41% have some college but no degree.
Cost of living in Edgewood is 97, which is 3% lower than national average. Median home value in Edgewood is $192400 , which is 16% lower than national average. While median income in Edgewood remained $68766, which is 2% higher than national average.
A high school education is a basic prerequisite for most jobs, and in Edgewood, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgewood remained 5.4%, which is 15% 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 30% of adults have a bachelor's degree and 41% have some college but no degree.
Cost of living in Edgewood is 97, which is 3% lower than national average. Median home value in Edgewood is $192400 , which is 16% lower than national average. While median income in Edgewood remained $68766, which is 2% higher than national average.
Population
6113
Unemployment
5.4%
Poverty
11%
Overall Score
6
Median Home Cost
$192400
16%
NAT AVG.
Median Income
$68766
2%
NAT AVG.
Median Rent
$1111
4%
NAT AVG.
Cost Of Living
97
3%
NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 19
People Earning < $10,000
1 in 19
People Earning < $50,000
36.6%
People with <= High School
1 in 3.4
People With Any Degree
1 in 2.5
Pros & Cons Overview
Jobs80%
Housing80%
Affordability80%
Safety60%
Amenities60%
Diversity80%
Education80%
Commute40%
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