Edgewood
Edgewood town, New Mexico
If you're seeking a haven where your hard-earned dollars stretch further, Edgewood, New Mexico, might just be your ideal landing spot. Nestled in the heart of the Southwest, this community offers a refreshing contrast to the escalating costs found in many corners of the US. Here, a median home value of $235,600 positions Edgewood as a beacon of affordability, especially when compared to the national median. Imagine enjoying the wide-open spaces of the high desert with the peace of mind that comes from knowing your housing costs won't break the bank. With a population just over 6,000, Edgewood fosters a close-knit atmosphere where neighbors know each other and the pace of life encourages a relaxed, community-focused lifestyle.
From an investment and practical standpoint, Edgewood presents a compelling opportunity. While the median household income hovers around $70,568, the significantly lower housing costs create a favorable financial landscape for residents. This is a place where young families and those seeking a more tranquil existence can thrive. The town's safety and accessibility contribute to its appeal, making it a particularly attractive option for those prioritizing a balanced lifestyle without sacrificing financial stability. Edgewood is perfect for those who value affordability, community, and the unique charm of the New Mexico landscape.
Edgewood, New Mexico at a Glance
Edgewood is a city in Edgewood town, New Mexico with a population of approximately 6,113. The median home value is $235,600 and the median household income is $70,568. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 2.8 per 1,000 residents, which is 22% below the national average. Air quality is rated Good. Median rent is $939 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$235,600
Median Income
$70,568
Population
6,113
Walk Score
0
Air Quality
AQI 40
Good
Climate Risk
N/A
Good
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- Population
- 6,113
- Median Age
- N/A
- Median Household Income
- $70,568
5% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.0%
27% below nat'l avg
- Median Home Value
- $235,600
16% below nat'l avg
- Median Rent
- $939
19% below nat'l avg
- Homeownership Rate
- 89.5%
36% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 2.8 per 1K
22% below nat'l avg
- Property Crime Rate
- 0.5 per 1K
97% below nat'l avg
- AQI
- 40
5% below nat'l avg
- Category
- Good
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.5ยข/kWh
13% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 6.6%
78% above nat'l avg
- Poverty Rate
- 9.0%
27% below nat'l avg
Political Landscape
โ Politically stable
Based on Torrance County county-level presidential election data
Culture & Things to Do in Edgewood
Edgewood Arts and Crafts Fair
Annual event showcasing local artists and craftspeople.
New Mexico State Fair
A large annual fair with exhibits, entertainment, and food.
Albuquerque International Balloon Fiesta
A world-renowned hot air balloon festival held annually.
Route 66 Summerfest
A summer festival with music, food, and classic cars.
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