Edgewood, IA
Population 787 · Iowa
About Edgewood, IA
Edgewood is a small community located in Iowa with a population of 787 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,875 per year, which is 24% below the national median of $75,149. The median age of 54 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Edgewood features a median home value of $167,000, which is 32% below the national median of $244,900. This positions Edgewood in a moderately priced market relative to the rest of the country. Median monthly rent is $975, 16% below the national average of $1,163/month. Of the 418 total housing units, 68% are owner-occupied (254 units) and 32% are renter-occupied (120 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Edgewood shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Edgewood have an average one-way commute time of 15.7 minutes, one of the shorter commutes in the region.
Education & Demographics
14.6% of Edgewood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Edgewood, IA
Compared to national averages, Edgewood has a median household income of $56,875 (24% below the national median of $75,149). Home values average $167,000, which is 32% below the national median. Monthly rent at $975 is 16% below the US average of $1,163. Within Iowa, Edgewood's income is 16% below the state average of $67,947, and home values are 26% above the state median of $132,237.
Why Live in Edgewood, IA?
Edgewood offers affordable housing with a median home value of $167,000, below the US average of $244,900, and rent that’s lower than the national average at $975/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 7.4%, better than the national average, and short commute times averaging just 15.7 minutes.
Potential considerations include median household income ($56,875) 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 787 with a median age of 54 years. Compare Edgewood with other cities to see how it stacks up, or explore all cities in Iowa.
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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, IA?
The population of Edgewood, IA is 787 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Edgewood?
The median household income in Edgewood, IA is $56,875 per year, which is 24% below the national median of $75,149.
What is the median home value in Edgewood?
The median home value in Edgewood, IA is $167,000, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Edgewood?
The median monthly rent in Edgewood, IA is $975, which is 16% below the national average of $1,163/month.
What is the unemployment rate in Edgewood?
The unemployment rate in Edgewood, IA is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Edgewood, IA a good place to live?
Edgewood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 787 and a median age of 54, the city appeals to established professionals and retirees.
How educated is Edgewood, IA?
14.6% of residents in Edgewood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Edgewood?
Key cost-of-living indicators for Edgewood, IA: median home value is $167,000 (32% below national), median rent is $975/month, and median household income is $56,875. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Edgewood?
The poverty rate in Edgewood, IA is 7.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Edgewood, IA?
Edgewood's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.