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According to statistics, the population in Edgewood, MD amounts to 25,858, which shows decline -2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $56,632, shifting decline 0% from the past year, and the average property value in Edgewood, MD growth 1% to $169,200 throughout the year.
|Number Of Employees||12,140|
|Median Property Value||$169,200|
The average household income in Edgewood, MD grew from $56,414 to $56,632 in the past year. This data is an estimate based upon 9,176 households in Edgewood, MD . The chart below presents how household income is distributed in Edgewood, MD in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Edgewood, MD shifted from $167,500 to $169,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Edgewood, MD in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Edgewood, MD properties falls in the '$150,000 to $174,999' range, which is lower 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 Edgewood, MD compared to median property taxes around the country. The prevalent amount of property taxes in Edgewood, MD equals $2500, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|3 bed apartments||$233,533||-34.1%|
|4+ bed apartments||$344,949||+15%|
During Aug 2021, the average price for an apartment in/near Edgewood, MD decreased by 21.2% to $270,671.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $233,533. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $344,949 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Townhouses for sale||$249,999||-47.2%|
|Houses for sale||$274,806||-4.9%|
|Condos for sale||$98,000||N/A|
According to statistics, average house is still $274,806 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $98,000. Value of the townhouses didn’t change, the price still starts at $249,999.
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