Edgewood, NM
6,124Residents
$84,761Median household income
$1,114/moMedian gross rent
$306,400Median home value
36.4Median age
35%Adults with a bachelor’s degree or higher
92%Homes lived in by their owners
3.6×Home value to household income
Median rent takes about 16% of the median household income in Edgewood.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $45,000 a year. In New Mexico that leaves roughly $3,011 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.