Commute
A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.
Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Located in the state of Kentucky, Edgewood is a small city with a population of 8,969 residents. If we look at the most recent Census, Edgewood is known to have a predominantly White population. The next two most common races are Black and Asian. 73% of the people in Edgewood (over the age of 15) are married and 40% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the area before actually living in Edgewood, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Using the livability score which includes data from categories like commute, health & safety, employment, housing, you can easily compare the best places to live in Edgewood and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Edgewood to Kentucky and the national average.
With a livability score of 88 out of 100, Edgewood is ranked #182 in the United States and #18 in Kentucky. Compared to the US average, Edgewood ranks among some of the best places to live in the country! Edgewood is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we know that Edgewood ranks very well for crime (A+), cost of living (B-), education (A) and housing (A+). Edgewood does not rank well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out 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 60 crimes per 100,000 residents, which significantly outperforms the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Edgewood has an unemployment rate of 1.4% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Edgewood is actually affordable. Median real estate prices in Edgewood come in at $401,242, which is 78.2% 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 2.6, which is 23.5% lower than the Kentucky average.
| Statistic | Edgewood | Kentucky | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 82.4% | 82.2% | 76.4% |
| Workers who carpool | 4.0% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.6% | 2.4% | 2.8% |
| Working from home | 12.6% | 3.3% | 4.6% |
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