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Edgemoor

Learn about the people, housing, costs and businesses in Edgemoor, Delaware

Median Home$268,170
Median Rent$1,378/month
Population6,102
Leading IndustriesArts, Food & Hospitality · Healthcare9% arts, food & hospitality
Home Value Growth⬆⬆+17.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners57% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
NotableAmenity Score69/100 · highly walkable area
Edgemoor
DE

Frequently Asked Questions

What are today's mortgage rates in Edgemoor?

As of today, the 30-year fixed mortgage rate for Edgemoor is approximately 6.991% (7.034% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Edgemoor?

The median home value in Edgemoor is $268k. The median monthly rent is $1,378. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edgemoor?

Home values in Edgemoor have increased 17.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Edgemoor?

Based on a typical all-in ownership cost of $1,273/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edgemoor is $73k/year.

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What industries drive the economy in Edgemoor?

The largest employment sectors in Edgemoor are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.