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According to statistics, the population in Edgewater, MD amounts to 9,912, which shows growth 7% compared to the previous year. The median age of the city’s residents is 40. The average household income is $89,159, shifting decline -2% from the past year, and the average property value in Edgewater, MD decline -1% to $348,100 throughout the year.
|Number Of Employees||5,321|
|Median Property Value||$348,100|
The average household income in Edgewater, MD declined from $90,718 to $89,159 in the past year. This data is an estimate based upon 3,869 households in Edgewater, MD . The chart below presents how household income is distributed in Edgewater, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Edgewater, MD shifted from $351,500 to $348,100 throughout the year. The subsequent graph indicates the share of properties in the given price range in Edgewater, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Edgewater, MD properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Edgewater, MD compared to median property taxes around the country. The prevalent amount of property taxes in Edgewater, MD equals $3000, which is less than the national average.