Edgewater is a city in New Jersey state in USA with a population of 12890 residents..
The poverty rate of Edgewater is 5%, which is 64% lower than national average.
The typical household in Edgewater earns $130267 a year, compared to the national median of $67,500.
Nearly 21.6% of households earn less than $50,000 a year compared to 39% national rate.
The unemployment rate of Edgewater remained 3.3%, which is 30% lower than national rate.
Cost of living in Edgewater is 171, which is 71% higher than national average.
In Edgewater, only 75% of adults have a bachelor's degree and 10% have some college but no degree.
Median home value in Edgewater is $617500 , which is 169% higher than national average.
While median income in Edgewater remained $130267, which is 93% 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.