Everything You Should Know Before Moving to Edgewater Terrace, IL
Considering a move to Edgewater Terrace, IL? This vibrant neighborhood of about 9,800 residents offers a lively urban feel, with a median home price around $368,000 and rents averaging $1,420. The area enjoys a diverse community, quick access to public transit, and a good mix of public and private schools. Crime rates are a bit higher than average, but walkability, plenty of sunny days, and proximity to major hospitals and universities make Edgewater Terrace an appealing choice for city lovers and commuters alike.
Demographics - Edgewater Terrace, IL
Demographics - Edgewater Terrace, IL
Edgewater Terrace is home to approximately 9,800 residents, offering a dense urban environment with a mix of cultures—60% White, 12% Black, and 10% Asian, with nearly a quarter of residents speaking a language other than English at home. The neighborhood's median age is 36, and the gender balance is nearly even, making it appealing for young professionals and families seeking diversity and vibrancy.
Population:
9,800
Density:
7,200 per sq mi
Median Age:
36.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
24.0%
Ethnic Composition
White:
60.0%
Black:
12.0%
Asian:
10.0%
Others:
18.0%
Cost Of Living
What is the average cost of living in Edgewater Terrace, IL?
The cost of living in Edgewater Terrace is moderately above the national average, with a cost of living index of 112.8. Median home values are around $368,000, and average rents are $1,420, while groceries, transportation, and healthcare remain relatively affordable for the Chicago area.
Median House Value:
$368,000
Gross Rent:
$1,420
Monthly Electricity Charges:
$110
Auto Insurance:
$1,210
House Owner Cost With Mortgage:
$1,830
House Owner Cost Without Mortgage:
$570
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
112.8
Grocery:
107.5
Housing:
119.3
Utilities:
99.8
Transportation:
105.2
Health Care:
103.1
Miscellaneous:
101.4
Crime
Is Edgewater Terrace, IL a safe place to live?
Crime rates in Edgewater Terrace are somewhat higher than the national average, with about 270 violent crimes and 2,080 property crimes per 100,000 residents. While this means a 1 in 370 chance of being a victim of violent crime, the area remains attractive for its urban amenities and active community life.
Violent Crimes Per 100k:
270
Property Crimes Per 100k:
2,080
Crime Index:
2,350
Chance Of Violent Crime:
1 in 370
Chance Of Property Crime:
1 in 48
Weather
What is the weather like in Edgewater Terrace, IL year-round?
Edgewater Terrace experiences all four seasons, with cold winters averaging lows of 18°F and warm summers peaking around 84°F. The neighborhood receives about 36.5 inches of rainfall annually and enjoys sunny weather 54% of the year, making it suitable for those who appreciate a variety in climate.
Winter
Min:
18°F
Max:
35°F
Spring
Min:
39°F
Max:
62°F
Summer
Min:
65°F
Max:
84°F
Fall
Min:
44°F
Max:
67°F
Average Rainfall Inches:
36.5 inches
Sunny Days Percentage:
54%
Neighbors
Residents of Edgewater Terrace enjoy a median household income of $71,200, with 89.6% holding at least a high school diploma and 37.2% attaining a bachelor’s degree or higher. The area has a moderate poverty rate of 11.7% and an average commute time of just over 32 minutes, with nearly 16% using public transportation.
Median Income:
$40,900
Household Income:
$71,200
Family Income:
$85,700
Per Capita Income:
$39,800
Income Male:
$46,200
Income Female:
$39,900
Poverty Rate:
11.7%
Non English Speakers:
24.0%
Rent:
$1,420
Unemployment Rate:
5.1%
Public Transport Usage:
15.8%
Commute Time:
32.2 minutes
Education
High School or Higher:
89.6%
Bachelors or More:
37.2%
Education
How are the schools in Edgewater Terrace, IL?
Edgewater Terrace is served by public schools like Goudy Technology Academy and Swift Elementary, known for reasonable student-teacher ratios, as well as private options like Sacred Heart Schools. The neighborhood is also conveniently located near major universities, including Loyola University Chicago just 2 miles away, supporting a strong educational environment.
Public Schools
Name:
Goudy Technology Academy
Street:
5120 N Winthrop Ave
Phone:
773-534-2690
Students:
700
Student Teacher Ratio:
16.5
Name:
Swift Elementary School
Street:
5900 N Winthrop Ave
Phone:
773-534-2695
Students:
600
Student Teacher Ratio:
15.8
Private Schools
Name:
Sacred Heart Schools
Street:
6250 N Sheridan Rd
Phone:
773-681-8418
Students:
730
Colleges
Name:
Loyola University Chicago
City:
Chicago
State:
IL
Distance:
2 miles
Students:
17,000
Name:
Northeastern Illinois University
City:
Chicago
State:
IL
Distance:
4 miles
Students:
7,100
Healthcare
Edgewater Terrace offers convenient access to major hospitals such as Swedish Hospital and Presence Saint Francis, both providing general and emergency services. With 2.6 physicians per 1,000 residents and over 91% health insurance coverage, the neighborhood supports good healthcare access for families and individuals.
Major Hospitals
Name:
Swedish Hospital
Address:
5145 N California Ave, Chicago, IL 60625
Phone:
(773) 878-8200
Type:
General & Surgical
Emergency Services:
Yes
Name:
Presence Saint Francis Hospital
Address:
355 Ridge Ave, Evanston, IL 60202
Phone:
(847) 316-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
91.4%
Health Care Index:
71.2
Housing Market
What is the housing market like in Edgewater Terrace, IL?
The housing market in Edgewater Terrace is competitive, with a median home price of $368,000 and a 4.6% appreciation rate over the past year. About 43% of homes are owner-occupied, and the rental vacancy rate is 7.2%, offering a range of options for both renters and buyers.
Median Home Price:
$368,000
Average Rent For 2 Bedroom:
$1,420
Owner Occupied Rate:
42.8%
Rental Vacancy Rate:
7.2%
Home Appreciation Rate (1yr):
4.6%
New Construction Rate:
1.2%
Foreclosure Rate:
0.6%
DMV Information
Residents can access DMV services at the Illinois Secretary of State Driver Services Facility on N Elston Ave, Chicago, for licensing, registration, and other motor vehicle needs. The location is easily accessible for Edgewater Terrace residents and provides comprehensive state services.
State:
Illinois
Department:
Illinois Secretary of State Driver Services Facility
Address:
5401 N Elston Ave, Chicago, IL 60630
Phone:
312-793-1010
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.