Edgewood is a small town of 429 in Illinois, with a median household income of $41,250
and a 5.4% unemployment rate.
Its cost of living index is 88 (US average = 100), which is
12% below the national average.
Strengths:
Edgewood stands out for an affordable cost of living, below-average home prices.
Trade-offs:
Potential downsides include an elevated unemployment rate. Whether Edgewood is right for you depends on your priorities — the full breakdown is below.
All Edgewood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.7
Edgewood's overall cost of living index is 87.7,
where 100 represents the US national average.
Living in Edgewood costs roughly 12% less than the average American city.
Metric
Edgewood, IL
National Avg
Median Home Value
$72,000
$244,900
Median Monthly Rent
$617
$1,163
Homeownership Rate
73.5%
65.9%
Median Household Income
$41,250
$74,755
Crime & Safety
Very Safe
Edgewood's violent crime rate is 88.2 per 100,000 residents
— 77% lower than the national average of ~380 per 100,000.
Violent Crime
88.2 /100k
Property Crime
785.1 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Edgewood, IL
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
7.1%
35.4%
High School Diploma or Higher
82.2%
91.1%
Weather & Climate
Edgewood sees average highs of 37.4°F in January
and 88.5°F in July,
with 45.0 inches of annual precipitation
and 14.6 inches of snow per year.
Edgewood's cost of living index is 88, where 100 is the national average.
That makes Edgewood roughly 12% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $72,000 and median rent is $617/month.
Edgewood's violent crime rate is 88.2 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 785.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Edgewood, IL has a population of 429, a median household income of $41,250, and an unemployment rate of 5.4%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Edgewood averages 37.4°F in January and 88.5°F in July. Annual rainfall is 45.0 inches
with about 14.6 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Edgewood, IL is covered by 1 ZIP code: 62426.
The population of Edgewood, Illinois is 429 with a median age of 37.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Edgewood: cost of living index 88 (100 = US average), median home $72,000, median household income $41,250, crime index 29 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Edgewood side by side with your current city to see the trade-offs.