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Edgewood, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

During the 2020–2024 ACS period, Edgewood, Indiana had a total population of 2,121, the 217th largest town in Indiana, with a median household income of $87,770, which is 22% higher than the state average. The poverty rate is 2.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Edgewood Quick Facts

Population 2,121
Median Household Income $87,770
Median Home Value $200,100
Poverty Rate 2.9%
Unemployment Rate 1.8%
Median Age 41.9 years
Homeownership Rate 92.8%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 38.0%
High School Graduation Rate 97.4%
Diversity Index 26/100
Population 2,121 217th of 967
Median Income $87,770 top 20%
Poverty Rate 2.9% 77% lower than national
Median Home Value $200,100 top 30%

How Edgewood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,1012,121+1.0%
Median household income$85,842$87,770+2.2%
Median home value$173,800$200,100+15.1%

How Edgewood Compares

Economy & Housing

Household Income Distribution

Under $25K 8.1%
$25K-$50K 11.6%
$50K-$100K 36.1%
$100K+ 44.1%
Detailed income brackets
Under $10K
1.5%
$10K-$15K
0.7%
$15K-$20K
2.0%
$20K-$25K
3.9%
$25K-$30K
1.4%
$30K-$35K
1.4%
$35K-$40K
1.4%
$40K-$45K
2.2%
$45K-$50K
5.4%
$50K-$60K
8.3%
$60K-$75K
8.3%
$75K-$100K
19.5%
$100K-$125K
10.7%
$125K-$150K
5.9%
$150K-$200K
13.0%
$200K+
14.6%

Employment

1.8% Unemployment Rate State: 4.3%|National: 5.2%
66.6% Labor Force Participation

Housing Overview

Owner 92.8%
Renter 7.2%
Affordability Index Very Affordable
2.3x home value to income ratio
Median gross rent $1,050/mo 14.4% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Edgewood Rankings in Indiana

#217 Population of 967
#148 Median Income of 796
#112 Education of 966
#230 Home Value of 818

Other Cities in Madison County

CityPopulationMedian IncomePovertyHome Value
Anderson 55,367 $46,909 21.0% $119,000
Elwood 8,356 $53,280 19.5% $97,800
Pendleton 5,321 $86,806 9.2% $248,200
Alexandria 5,155 $64,317 7.8% $97,800
Lapel 2,668 $79,778 6.4% $220,400
Ingalls 2,512 $74,236 9.6% $189,900
Chesterfield 2,489 $58,824 11.9% $113,100
Frankton 1,658 $68,611 9.2% $140,400
Summitville 1,104 $52,946 21.4% $101,600
Markleville 739 $89,167 8.0% $184,200

Cities Similar to Edgewood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Monrovia2,055$92,344$233,20022.7%6.4%
Bristol2,128$77,188$229,50020.8%7.4%
Burns Harbor2,155$98,500$241,50034.6%11.5%
Hope2,029$76,188$148,6009.5%8.9%
Shadeland1,921$82,708$270,00029.9%15.0%

Population Overview

Edgewood is a small community located in Indiana, within Madison County. The total population is 2,121. It ranks as the 217th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Edgewood is 41.9 years. This is 10% higher than the state median of 38.1 years. 11.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Edgewood is $87,770. This is 22% higher than the state median of $71,957. It is also 9% higher than the national median of $80,734. The poverty rate stands at 2.9%. This is 76% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 1.8%. This is 57% lower than the state rate of 4.3%. The median home value is $200,100. Housing costs are 8% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.3x, Edgewood is one of the most affordable housing markets in the area. 92.8% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 70.5%.

Race & Ethnicity

Edgewood has a predominantly White (non-Hispanic) population, comprising 85.7% of all residents. Hispanic or Latino residents account for 3.0%. The Black or African American population (1.7%) is well below the state average of 9.1%. The Hispanic or Latino population (3.0%) is well below the state average of 8.6%.

Education

38.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% higher than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%.

Data Sources & Methodology

All demographic data for Edgewood, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Edgewood, Indiana?

Edgewood, Indiana has a population of 2,121 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Edgewood, IN?

The median household income in Edgewood is $87,770, which is 9% higher than the national median of $80,734.

What is the poverty rate in Edgewood, IN?

The poverty rate in Edgewood is 2.9%. This means approximately 62 residents live below the federal poverty line.

What is the racial makeup of Edgewood, Indiana?

Edgewood's population is 85.7% White, 1.7% Black, 3.0% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Edgewood, IN?

The median home value in Edgewood is $200,100. The home-value-to-income ratio is 2.3x.

How educated is Edgewood, Indiana?

38.0% of adults (25+) in Edgewood hold a bachelor's degree or higher, and 8.4% hold a graduate or professional degree.