Edgemoor is a city in Delaware state in USA with a population of 6483 residents..
The poverty rate of Edgemoor is 23.4%, which is 67% higher than national average.
The typical household in Edgemoor earns $62500 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 36 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 42.9% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Edgemoor are struggling financially. Nearly one in every 1 in every 8 workers in Edgemoor is unemployed.
The unemployment rate of Edgemoor remained 12.5%, which is 166% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.
Cost of living in Edgemoor is 109, which is 9% higher than national average.
In Edgemoor, only 28% of adults have a bachelor's degree and 39% have some college but no degree.
Median home value in Edgemoor is $234900 , which is 2% higher than national average.
While median income in Edgemoor remained $62500, which is 7% lower than national average.