Edgewood median real estate price is $516,685, which is less expensive than 62.1% of Colorado neighborhoods and 33.4% of all U.S. neighborhoods.
The average rental price in Edgewood is currently $2,128, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.9% of Colorado neighborhoods.
Edgewood is an urban neighborhood (based on population density) located in Lakewood, Colorado.
Edgewood real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Edgewood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In Edgewood, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 87.2% of all neighborhoods in the U.S. This means that the housing supply in Edgewood is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.3% of residents in the Edgewood neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
Divorcees may find friendship and understanding in this neighborhood, as 21.0% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 96.8% of the neighborhoods in America.
Did you know that the Edgewood neighborhood has more Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.5% of this neighborhood's residents have Portuguese ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Edgewood neighborhood in Lakewood are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 40.0% of the neighborhoods in America. With 28.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.1% of U.S. neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Edgewood neighborhood, 34.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 33.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.5%), and 10.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Edgewood neighborhood is English, spoken by 77.4% of households. Some people also speak Spanish (21.4%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Edgewood neighborhood in Lakewood, CO, residents most commonly identify their ethnicity or ancestry as Mexican (35.8%). There are also a number of people of German ancestry (16.2%), and residents who report Irish roots (14.6%), and some of the residents are also of English ancestry (10.2%), along with some Portuguese ancestry residents (2.5%), among others. In addition, 13.9% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Edgewood neighborhood spend between 15 and 30 minutes commuting one-way to work (45.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (66.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.6%) and 5.3% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.