Is Edgewood, Kentucky a Good Place To Live? - Living In Edgewood, KY

Is Edgewood, Kentucky a good place to live?
Edgewood is a city in Kentucky state in USA with a population of 8779 residents.. The poverty rate of Edgewood is 2.6%, which is 81% lower than national average. The typical household in Edgewood earns $105714 a year, compared to the national median of $67,500. Nearly 18.5% 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 Edgewood, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgewood remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Edgewood, only 53% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Edgewood is 103, which is 3% higher than national average. Median home value in Edgewood is $225500 , which is 2% lower than national average. While median income in Edgewood remained $105714, which is 57% 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
8779
Unemployment
2.1%
55% NAT AVG.
Poverty
2.6%
81% NAT AVG.
Overall Score
7
Median Home Cost
$225500
2% NAT AVG.
Median Income
$105714
57% NAT AVG.
Median Rent
$1116
4% NAT AVG.
Cost Of Living
103
3% NAT AVG.
People Living BPL
1 in 38
Unemployed People
1 in 48
People Earning < $10,000
1 in 500
People Earning < $50,000
18.5%
People with <= High School
1 in 4.5
People With Any Degree
1 in 1.6
Pros & Cons Overview

Jobs90%

Housing85%

Affordability90%

Safety90%

Amenities85%

Diversity40%

Education95%

Commute85%