The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Located in the state of Florida, Edgewater is a moderately-sized city with a population of 23,710 residents. If we look at the most recent Census, Edgewater is known to have a predominantly White population. The next two most common races are Black and Asian. Based on an average age of 54, Edgewater appears to be well-suited for seniors or retirees as the average age is well above the national average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Edgewater your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Edgewater can be a great experience for anyone moving to the area. Having said that, in the state of Florida, there are many incredible places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in Edgewater and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Florida and national averages.
Edgewater, FL receives 73 out of 100 for its livability score; this results in a ranking of #252 in Florida and #4,058 in the USA. For each of the livability categories, we know that Edgewater ranks very well for crime (A), cost of living (A+) and housing (A+). There are some categories that Edgewater ranks poorly for, including: amenities (D-). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Edgewater, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.42% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Edgewater has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Edgewater meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Edgewater. Everything else becomes a lot less important if it turns out that home prices in Edgewater are simply unattainable. The median home price for Edgewater homes is $172,600, which is 3.5% higher than the Florida average. If we take a closer look at the affordability of homes in Edgewater, we’ll see that the home price to income ratio is 3.5, which is 2.9% higher than the Florida average.
Statistic | Edgewater | Florida | National |
Average one way commute | 26min | 27min | 26min |
Workers who drive to work | 81.1% | 79.5% | 76.4% |
Workers who carpool | 4.2% | 9.3% | 9.3% |
Workers who take public transit | 0.1% | 2.1% | 5.1% |
Workers who bicycle | 1.1% | 0.7% | 0.6% |
Workers who walk | 0.7% | 1.5% | 2.8% |
Working from home | 9.3% | 5.4% | 4.6% |