Edgewood, Washington.
Typical home $723,766 (+0.0% in a year), asking rent $2,169 (+0.5%). Seattle-Tacoma-Bellevue, WA metro.
to buy the typical home at today's mortgage rate — +$1,966 (+107%) since Jan 2020.
- 1 year
- Up $257 +0%
- $723,509$723,766 since Sep 2025
- 5 years
- Up $70,236 +11%
- $653,530$723,766 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Edgewood$3,799
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 34 years.
Typical home values in Edgewood, WA rose 0.0% over the past year — slower than the nation's +1.2%.
Asking rents in Edgewood, WA rose 0.5% over the past year — slower than the nation's +2.7%.
Owning the typical home in Edgewood runs $2,951/mo more than renting one. The gap peaked at $3,200 in Jan 2025.
That is $5,120 a month against $2,169 rent: a $3,799 mortgage payment, plus $546 property tax and $775 insurance & upkeep.
Owning vs renting — Edgewood
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$5,120
- Renting$2,169
- Mortgage only$3,799
Property tax · $546/mo 0.91% of value a year — the ACS 2020-2024 median bill over the median home value for Pierce County, WA
Insurance & upkeep · $775/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Edgewood, Pierce County, Washington
Edgewood is a city of 12,327 people in Pierce County. Half its households earn more than $116,132 a year and half less, against $99,564 across Pierce County; 5% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Pierce County was 5.1% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Edgewood is a city in Pierce County where most homes are lived in by their owners, and incomes run above the county's. Typical home values and rents are high, and fewer residents live below the poverty line than you might expect. A good share of adults hold a four-year degree, and a fair number of people work from home.
Work. Residents work mostly in schools, hospitals and social care, in shops, in restaurants, hotels and entertainment, and in professional and business services. Across Pierce County, some of the largest workplaces are MultiCare Health System, the Puyallup School District and Tacoma General Allenmore Hospital. Commutes are of a middling length, and unemployment across the county is the same as a year ago.
Things to do. Surprise Lake and the White River are in or beside town, and Lake Tapps, a reservoir, is a short drive away. Wild Waves Theme Park, an amusement park, is also a short drive away. For a bigger day out, the Space Needle and the Seattle Art Museum in Seattle are a longer drive away.
Report a mistake
- 4,948households
- 34%of adults have a degree
- 5%below the poverty line
- 28 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Pierce County had 337,071 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 47° and lows near 37°; warmest in August, with highs near 77° and lows near 57°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Tacoma #1 weather station, 6 miles away (NOAA).
Largest workplaces in Pierce County
- City of TacomaGovernment base facilities operation support services3,921
- Tacoma General Allenmore HospitalGeneral hospital2,897FTE
- WSH2,623
- MultiCare Health SystemPhysicians, mental health, offices e.g., centers, clinics2,526
- Puyallup School DistrictSchool district2,443FTE
- MultiCare Health SystemOffices of physicians2,402
- Bethel School DistrictSchool district2,281FTE
- St Joseph Medical CenterGeneral hospital2,232FTE
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 680 workplaces with 20 or more staff, 98,490 people in all across the county; Edgewood has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Edgewood’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Pierce County and the Seattle-Tacoma-Bellevue, WA metro.
Edgewood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Edgewood$723,766
- Washington$587,533
- United States$366,157
Sellers are cutting prices on about 1 in 2 Edgewood listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Edgewood42.89%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Edgewood72
New listings per month
Sellers arriving at the market.
- Edgewood19
Zip codes with a Edgewood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Edgewood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.