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Edgewood

Learn about the people, housing, costs and businesses in Edgewood, Pennsylvania

Median Home$331,650
Median Rent$1,152/month
Population3,077
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare41% public administration
Home Value Growth-1.1% over 2 years
Young Adults37% of residentstop 4% nationally
Homeowners62% of occupied units
NotableAmenity Score81/100 · highly walkable area
NotableHighly Educated33% bachelor's · 23% graduate · top 5% nationally
Edgewood
PA

Frequently Asked Questions

What are today's mortgage rates in Edgewood?

As of today, the 30-year fixed mortgage rate for Edgewood is approximately 6.964% (7.003% 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 Edgewood?

The median home value in Edgewood is $332k. The median monthly rent is $1,152. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edgewood?

Home values in Edgewood have decreased 1.1% over the past two years. Buyers may find more negotiating room in this market. 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 Edgewood?

Based on a typical all-in ownership cost of $1,426/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edgewood is $103k/year.

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What industries drive the economy in Edgewood?

The largest employment sectors in Edgewood are public administration (41%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.