Edgewood 88 Exceptional
Edgewood Livability #18 ranked city in Kentucky#182 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Edgewood

PROS
  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

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What's it like Living in Edgewood?

Edgewood, Kentucky is a small city with a population of 8,779 people. According to the most recent Census, 96% of Edgewood residents are White, 2% Black and 1% Asian. Edgewood has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 73% of the population is classified as married and 40% have kids.

Living in Edgewood can be a good experience for anyone relocating to the city. Having said that, in the state of Kentucky, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Edgewood and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, health & safety, education, housing and other important metrics.

Using data and statistics Edgewood has received a livability score of 87 out of 100. This score is ranked in the 99th percentile when compared to all other cities. Based on this score, Edgewood would be considered a very livable city! This city is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we see that Edgewood ranks very well for crime (A+), cost of living (B+), education (A+) and housing (A+). There are some categories that Edgewood ranks poorly for, including: amenities (F). It might be worth taking a closer look to determine why.

Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Edgewood, it boasts a notably low violent crime rate of 0 crimes per 100,000 residents, which significantly outperforms the national average.

The unemployment rate in Edgewood has consistently declined over the years and currently stands well below the national average at 1.36%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Edgewood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Edgewood. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Edgewood are affordable. Median real estate prices in Edgewood come in at $225,500, which is 78.8% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Edgewood, the home price to income ratio is 2.1, which is 25% lower than the Kentucky average.

Best Places to Live in and Around Edgewood

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Compare Edgewood, KY Livability

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      Edgewood transportation information

      Statistic Edgewood Kentucky National
      Average one way commute22min23min26min
      Workers who drive to work82.4%82.2%76.4%
      Workers who carpool4.0%9.7%9.3%
      Workers who take public transit0.0%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.6%2.4%2.8%
      Working from home12.6%3.3%4.6%
      Source: The Edgewood, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).