Median Income
$70,568
household / year
Median Home Value
$235,600
owner-occupied
Median Rent
$939
gross / month
Cost of Living
95
national avg = 100

Is Edgewood, NM a Good Place to Live?

Edgewood is a small town of 6,113 in New Mexico, with a median household income of $70,568 and a 6.6% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.

Strengths: Edgewood stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B).

Trade-offs: Potential downsides include longer commutes, 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: 94.9

Edgewood's overall cost of living index is 94.9, where 100 represents the US national average. Living in Edgewood costs roughly 5% less than the average American city.

Metric Edgewood, NM National Avg
Median Home Value $235,600 $244,900
Median Monthly Rent $939 $1,163
Homeownership Rate 89.5% 65.9%
Median Household Income $70,568 $74,755

Crime & Safety

Safer than Average

Edgewood's violent crime rate is 392.6 per 100,000 residents — 3% higher than the national average of ~380 per 100,000.

Violent Crime
392.6 /100k
Property Crime
1243.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Edgewood is served primarily by ESTANCIA VALLEY CLASSICAL ACADEMY. The student-to-teacher ratio is 15.1:1 (better than the national average of ~16:1).

Metric Edgewood, NM National Avg
School District ESTANCIA VALLEY CLASSICAL ACADEMY —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio 15.1:1 16:1
Bachelor's Degree or Higher 31.9% 35.4%
High School Diploma or Higher 94.6% 91.1%

Weather & Climate

Edgewood sees average highs of 43.9°F in January and 83.2°F in July, with 16.4 inches of annual precipitation and 28.6 inches of snow per year.

MetricEdgewood, NM
Average High — January43.9°F
Average High — July83.2°F
Annual Precipitation16.4"
Annual Snowfall28.6"

Demographics

MetricEdgewood, NMNational Avg
Population6,113—
Median Age41.238.9
Unemployment Rate6.6%3.7%
Avg Commute Time35.2 min26 min
White (non-Hispanic)78.6%59.3%
Black or African American0.3%13.6%
Hispanic or Latino15.8%18.9%
Asian0.3%6.3%
Under 1822.8%22.2%
65 and over15.1%16.8%

Nearby Cities

ZIP Codes in Edgewood

Edgewood, NM is covered by 2 ZIP codes:

Edgewood vs Other Cities

Frequently Asked Questions

Edgewood's cost of living index is 95, where 100 is the national average. That makes Edgewood roughly 5% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $235,600 and median rent is $939/month.
Edgewood's violent crime rate is 392.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1243.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Edgewood are operated by ESTANCIA VALLEY CLASSICAL ACADEMY. The district has several elementary, several middle, and several high schools. The student-to-teacher ratio is 15.1:1. 31.9% of adults 25+ hold a bachelor's degree or higher.
Edgewood, NM has a population of 6,113, a median household income of $70,568, and an unemployment rate of 6.6%. 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 43.9°F in January and 83.2°F in July. Annual rainfall is 16.4 inches with about 28.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Edgewood, NM is covered by 2 ZIP codes: 87015, 87047.
The population of Edgewood, New Mexico is 6,113 with a median age of 41.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Edgewood: cost of living index 95 (100 = US average), median home $235,600, median household income $70,568, crime index 86 (100 = US average, lower is safer), schools rated B. 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.