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Edgewood, New Mexico Mortgage and Housing Information

Population: 1,893
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$162,500

Value of Houses and Condos

A comparison of the average prices of homes in Edgewood, New Mexico and the U.S.
U.S.New MexicoEdgewood
Median home value
in year 2000
$111,800$94,600$117,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.New MexicoEdgewood
With a mortgage$1,088$929$1,068
Without a mortgage$295$228$292

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Edgewood (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage4313.4%
First Mortgage Only20363.2%
Second Mortgage and/or Home Equity Loan7523.4%
Total321100%

Tenancy in Edgewood

How many people in Edgewood live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes585
Renter-occupied homes91
Homes for sale29
Homes for rent8
Total755

Age of Edgewood Residents

Median age for males and females (2000).
Males 35
Females 35

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.New MexicoEdgewood
Median Earnings$23,755$19,427$23,145
Median Earnings, Males$29,458$23,361$26,699
Median Earnings, Females$18,957$15,381$18,704

Males earn $7,995 (42.7%) more than Females in Edgewood.

Commuting in Edgewood

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo637
Carpooled214
Public Transit0
Bicycle0
Walking28
Other Means10
Total, Commuted889
Worked from home35
Total924

Time Spent Commuting in Edgewood

Time spent commuting in Edgewood
Time spent in minutesNumber of People
Less than 524
5-934
10-1446
15-199
20-2412
25-2919
30-34186
35-3991
40-44172
45-59251
60-8926
Over 9019

Education

Level of higher education for people over 25 years in Edgewood (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College18730.8%17128.2%
Associate Degree528.6%8614.2%
Bachelor's Degree10016.5%6911.4%
Master's Degree345.6%498.1%
Professional Degree193.1%00.0%
Doctorate Degree00.0%00.0%
Total (at least some college)39264.6%37560.1%
Total over 25607100%624100%

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