Edgewood, FL Economy


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Edgewood, FL is a small town located in Orange County. It is known for its peaceful and friendly atmosphere, as well as its convenient access to larger cities such as Orlando. Local companies in the area include local restaurants like Frieda's Cafe and The Dancing Tomato, shops like Edgewood Retail Village, and services like Edgewood Dental Care.
The cost of living in Edgewood is slightly higher than the US average- a typical two bedroom apartment costs around $1,470 compared to the US average of $1,430. Grocery cost index stands at 99 compared to 100 nationally. All in all, Edgewood offers an affordable but comfortable lifestyle for its residents.

Edgewood has an unemployment rate of 5.5%. The US average is 6.0%.

Edgewood has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 50.1%, which is higher than the US average of 33.5%.

Tax Rates for Edgewood
- The Sales Tax Rate for Edgewood is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Edgewood is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Edgewood
- The average income of a Edgewood resident is $43,778 a year. The US average is $28,555 a year.
- The Median household income of a Edgewood resident is $69,755 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdgewood, FloridaUnited States
  5.56
  -10.5%-6.2%
  50.1%33.5%
  6.5%6.2%
  0.0%4.6%
  $50,311$37,638
  $69,755$69,021
  $108,917$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  18.0%6.8%
  5.7%10.0%
  2.8%2.5%
  4.0%11.0%
  2.6%4.8%
  0.1%0.8%
  2.9%1.9%
  4.4%4.7%
  3.7%1.9%
  9.8%7.6%
  0.0%0.1%
  4.8%4.2%
  10.7%9.3%
  17.9%14.0%
  2.8%2.1%
  3.1%7.0%
  1.3%4.8%
  5.4%4.7%
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