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Real Estate Prices & Overview

Edgewood median real estate price is $112,156, which is less expensive than 85.6% of Ohio neighborhoods and 93.4% of all U.S. neighborhoods.

The average rental price in Edgewood is currently $1,251, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.3% of Ohio neighborhoods.

Edgewood is a suburban neighborhood (based on population density) located in Ashtabula, Ohio.

Edgewood real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner 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 2.2%, which is a lower rate of vacancies than 85.2% 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.

Notable & Unique Neighborhood Characteristics

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.

People

The Edgewood neighborhood stands out within Ohio for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.7% of college-friendly places to live in OH.

Diversity

Did you know that the Edgewood neighborhood has more Slovak and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Slovak ancestry and 3.0% have Finnish ancestry.

The Neighbors

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 Ashtabula are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.4% of U.S. neighborhoods. With 23.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 73.6% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Edgewood neighborhood, 27.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (24.7%), and 21.9% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

The most common language spoken in the Edgewood neighborhood is English, spoken by 98.7% of households.

Ethnicity / Ancestry

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 Ashtabula, OH, residents most commonly identify their ethnicity or ancestry as Italian (18.8%). There are also a number of people of German ancestry (17.8%), and residents who report Irish roots (13.6%), and some of the residents are also of English ancestry (11.5%), along with some Slovak ancestry residents (5.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Edgewood neighborhood spend under 15 minutes commuting one-way to work (52.7% of working residents), one of the shortest commutes across America.

Here most residents (82.6%) 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 (10.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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