Edgewood, KY
Population 8,429 · Kentucky
About Edgewood, KY
Edgewood is a small town located in Kentucky with a population of 8,429 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,045 per year, which is 61% above the national median of $75,149. The median age of 41.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Edgewood features a median home value of $289,700, which is 18% above 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 $991, 15% below the national average of $1,163/month. Of the 3,412 total housing units, 92% are owner-occupied (3,060 units) and 8% are renter-occupied (255 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Edgewood shows an unemployment rate of 1.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Edgewood have an average one-way commute time of 20.5 minutes.
Education & Demographics
56.9% of Edgewood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.2% White, 0.0% Hispanic or Latino, 0.1% Black or African American, and 0.1% Asian residents, with 2.1% of the population being foreign-born.
How Edgewood Ranks in Kentucky
Cost of Living in Edgewood, KY
Compared to national averages, Edgewood has a median household income of $121,045 (61% above the national median of $75,149). Home values average $289,700, which is 18% above the national median. Monthly rent at $991 is 15% below the US average of $1,163. Within Kentucky, Edgewood's income is 83% above the state average of $66,273, and home values are 59% above the state median of $182,504.
Why Live in Edgewood, KY?
Edgewood offers a strong local economy with a median household income of $121,045, well above the national average, and rent that’s lower than the national average at $991/month, and a strong job market with an unemployment rate of just 1.2%. Additionally, the city features a well-educated community where 56.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 3.0%, better than the national average, and short commute times averaging just 20.5 minutes.
Edgewood has a population of 8,429 with a median age of 41.3 years. Compare Edgewood with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Edgewood
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Corbin | 8,430 | $51,795 | $162,600 | Compare |
| Fort Mitchell | 8,676 | $80,814 | $354,700 | Compare |
| Fort Knox | 8,715 | $74,224 | $0 | Compare |
| Hillview | 8,735 | $65,732 | $180,300 | Compare |
| Maysville | 8,778 | $41,923 | $152,100 | Compare |
| Oak Grove | 7,945 | $47,886 | $143,500 | Compare |
| Harrodsburg | 9,126 | $46,821 | $145,100 | Compare |
| Elsmere | 9,151 | $61,427 | $157,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Edgewood With Other Cities
Frequently Asked Questions about Edgewood
What is the population of Edgewood, KY?
The population of Edgewood, KY is 8,429 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Kentucky.
What is the median household income in Edgewood?
The median household income in Edgewood, KY is $121,045 per year, which is 61% above the national median of $75,149.
What is the median home value in Edgewood?
The median home value in Edgewood, KY is $289,700, which is 18% above 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, KY is $991, which is 15% below the national average of $1,163/month.
What is the unemployment rate in Edgewood?
The unemployment rate in Edgewood, KY is 1.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Edgewood, KY a good place to live?
Edgewood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,429 and a median age of 41.3, the city appeals to a broad range of residents.
How educated is Edgewood, KY?
56.9% of residents in Edgewood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Edgewood?
Key cost-of-living indicators for Edgewood, KY: median home value is $289,700 (18% above national), median rent is $991/month, and median household income is $121,045. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Edgewood?
The poverty rate in Edgewood, KY is 3.0%, 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, KY?
Edgewood's population is 0.2% White, 0.0% Hispanic or Latino, 0.1% Black or African American, 0.1% Asian, and 0.5% two or more races. 2.1% of residents are foreign-born.