Edgewood, NM
Population 6,122 · New Mexico
About Edgewood, NM
Edgewood is a small town located in New Mexico with a population of 6,122 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,227 per year, which is 8% above the national median of $75,149. The median age of 38.9 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 $278,100, which is 14% 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 $938, 19% below the national average of $1,163/month. Of the 2,388 total housing units, 91% are owner-occupied (2,029 units) and 9% are renter-occupied (189 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Edgewood shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Edgewood have an average one-way commute time of 35.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
38.9% of Edgewood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 19.1% White, 6.3% Hispanic or Latino, 0.9% Black or African American, and 15.5% Asian residents, with 2.8% of the population being foreign-born.
How Edgewood Ranks in New Mexico
Cost of Living in Edgewood, NM
Compared to national averages, Edgewood has a median household income of $81,227 (8% above the national median of $75,149). Home values average $278,100, which is 14% above the national median. Monthly rent at $938 is 19% below the US average of $1,163. Within New Mexico, Edgewood's income is 20% above the state average of $67,435, and home values are 19% above the state median of $233,762.
Why Live in Edgewood, NM?
Edgewood offers a strong local economy with a median household income of $81,227, well above the national average, and rent that’s lower than the national average at $938/month, and a well-educated community where 38.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.5%, better than the national average.
Edgewood has a population of 6,122 with a median age of 38.9 years. Compare Edgewood with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Edgewood
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Zuni Pueblo | 6,132 | $43,021 | $79,200 | Compare |
| North Hobbs | 6,099 | $89,279 | $233,200 | Compare |
| Aztec | 6,177 | $42,699 | $164,700 | Compare |
| Truth or Consequences | 6,026 | $29,142 | $107,500 | Compare |
| Raton | 6,013 | $52,007 | $148,200 | Compare |
| Santa Teresa | 5,973 | $60,759 | $216,600 | Compare |
| Los Ranchos de Albuquerque | 5,869 | $70,801 | $442,100 | Compare |
| Taos | 6,468 | $46,579 | $432,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
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, NM?
The population of Edgewood, NM is 6,122 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Edgewood?
The median household income in Edgewood, NM is $81,227 per year, which is 8% above the national median of $75,149.
What is the median home value in Edgewood?
The median home value in Edgewood, NM is $278,100, which is 14% 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, NM is $938, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Edgewood?
The unemployment rate in Edgewood, NM is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Edgewood, NM a good place to live?
Edgewood offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,122 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Edgewood, NM?
38.9% 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, NM: median home value is $278,100 (14% above national), median rent is $938/month, and median household income is $81,227. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Edgewood?
The poverty rate in Edgewood, NM is 8.5%, 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, NM?
Edgewood's population is 19.1% White, 6.3% Hispanic or Latino, 0.9% Black or African American, 15.5% Asian, and 0.2% two or more races. 2.8% of residents are foreign-born.