Edgewood, IL
Population 357 · Illinois
About Edgewood, IL
Edgewood is a small community in Illinois with a population of 357 residents. The median household income is $42,188 per year, which is below the national average. The median age in Edgewood is 45.4 years.
Housing in Edgewood has a median home value of $72,500 and median monthly rent of $625. Of the 191 total housing units, the majority are owner-occupied, with 129 owner-occupied and 52 renter-occupied units.
The unemployment rate in Edgewood is 5.5% and the poverty rate is 12.7%. 7.6% of residents hold a bachelor's degree or higher. The average commute time is 28.1 minutes.
Cost of Living in Edgewood, IL
Compared to national averages, Edgewood has a median household income of $42,188 (44% below the national median of $75,149). Home values average $72,500, which is 70% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within Illinois, Edgewood's income is 44% below the state average of $75,072, and home values are 56% below the state median of $165,779.
Why Live in Edgewood, IL?
Edgewood offers affordable housing with a median home value of $72,500, below the US average of $244,900, and rent that’s lower than the national average at $625/month.
Potential considerations include median household income ($42,188) that falls below the national average. However, Edgewood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Edgewood has a population of 357 with a median age of 45.4 years. Compare Edgewood with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Edgewood
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairview | 357 | $65,250 | $79,800 | Compare |
| Little York | 357 | $54,250 | $80,700 | Compare |
| Bondville | 356 | $57,188 | $168,500 | Compare |
| London Mills | 356 | $52,656 | $54,800 | Compare |
| Summerfield | 358 | $58,661 | $84,100 | Compare |
| Towanda | 356 | $78,611 | $158,200 | Compare |
| Crab Orchard | 359 | $110,125 | $97,900 | Compare |
| Creal Springs | 354 | $43,333 | $57,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Edgewood
What is the population of Edgewood, IL?
The population of Edgewood, IL is 357 according to the latest Census data.
What is the median household income in Edgewood?
The median household income in Edgewood, IL is $42,188 per year.
What is the median home value in Edgewood?
The median home value in Edgewood, IL is $72,500.
What is the average rent in Edgewood?
The median monthly rent in Edgewood, IL is $625.
What is the unemployment rate in Edgewood?
The unemployment rate in Edgewood, IL is 5.5%.