Is Edwards, Colorado a Good Place To Live? - Living In Edwards, CO

Is Edwards, Colorado a good place to live?
Edwards is a city in Colorado state in USA with a population of 9347 residents.. The poverty rate of Edwards is 10.9%, which is 22% lower than national average. The typical household in Edwards earns $68898 a year, compared to the national median of $67,500. Nearly 36.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Edwards, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edwards remained 5.6%, which is 19% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Edwards, only 53% of adults have a bachelor's degree and 20% have some college but no degree.

Cost of living in Edwards is 149, which is 49% higher than national average. Median home value in Edwards is $716000 , which is 212% higher than national average. While median income in Edwards remained $68898, which is 2% 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.
Population
9347
Unemployment
5.6%
19% NAT AVG.
Poverty
10.9%
22% NAT AVG.
Overall Score
7
Median Home Cost
$716000
212% NAT AVG.
Median Income
$68898
2% NAT AVG.
Median Rent
$1542
33% NAT AVG.
Cost Of Living
149
49% NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 18
People Earning < $10,000
1 in 14
People Earning < $50,000
36.5%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs80%

Housing95%

Affordability30%

Safety60%

Amenities60%

Diversity85%

Education80%

Commute80%