Edgewater Real Estate
Edgewater is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Maryland. With a population of 9,421 people and three constituent neighborhoods, Edgewater is the 87th largest community in Maryland.
Housing costs in Edgewater are among some of the highest in the nation, although real estate prices here don’t compare to real estate prices in the most expensive communities in Maryland.
Unlike some towns, Edgewater isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Edgewater are a mix of both white- and blue-collar jobs. Overall, Edgewater is a town of sales and office workers, managers, and professionals. There are especially a lot of people living in Edgewater who work in office and administrative support (14.07%), management occupations (13.30%), and sales jobs (12.62%).
Also of interest is that Edgewater has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Edgewater is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Edgewater, however, is that residents on average have to contend with a long commute, spending on average 31.37 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Despite being a small town, Edgewater has a lot of people using the bus to get to and from work every day. Most of these people on the bus are using it to get to good jobs in other cities.
The education level of Edgewater citizens is substantially higher than the typical US community, as 32.64% of adults in Edgewater have at least a bachelor’s degree.
The per capita income in Edgewater in 2010 was $44,487, which is wealthy relative to Maryland and the nation. This equates to an annual income of $177,948 for a family of four. However, Edgewater contains both very wealthy and poor people as well.
Edgewater is a somewhat ethnically-diverse town. The people who call Edgewater home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Edgewater residents report their race to be White, followed by Black or African-American. Important ancestries of people in Edgewater include Irish, English, Italian, and Polish.
The most common language spoken in Edgewater is English. Other important languages spoken here include Spanish and French.