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Edison

Learn about the people, housing, costs and businesses in Edison, California

Median Home$302,000
Median Rent$1,520/month
Population7,677
Leading IndustriesRetail · Agriculture & Mining · Public Administration13% retail
Home Value Growth⬆⬆⬆+23.3% over 2 years
Retirees22% of residentsabove average nationally
Homeowners75% of occupied units
Edison
CA

Frequently Asked Questions

What are today's mortgage rates in Edison?

As of today, the 30-year fixed mortgage rate for Edison is approximately 6.992% (7.032% 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 Edison?

The median home value in Edison is $302k. The median monthly rent is $1,520. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edison?

Home values in Edison have increased 23.3% 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 Edison?

Based on a typical all-in ownership cost of $1,567/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edison is $73k/year.

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What industries drive the economy in Edison?

The largest employment sectors in Edison are public administration (25%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.