$215,000
- 4 Beds
- 2 Baths
- 1,450 Sq Ft
2124 Melrose St, Rockford, IL 61103
Andrea John Baird & Warner
Frequently Asked Questions
Is Edgewater a good place to live?
Edgewater is a good place to live. Edgewater is considered car-dependent and somewhat bikeable. Edgewater is a suburban neighborhood. Edgewater has 13 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 42. The average household income is $82,239 which is below the national average. College graduates make up 36.6% of residents. A majority of residents in Edgewater are home owners, with 39.3% of residents renting and 60.7% of residents owning their home. A local real estate agent serving Edgewater can help you decide if this neighborhood is the right one for you. Learn more on our Edgewater neighborhood guide.
How much do you need to make to afford a house in Edgewater?
The median home price in Edgewater is $540,000. If you put a 20% down payment of $108,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $120K a year to afford the median home price in Edgewater. The average household income in Edgewater is $82K.
What are the best public schools in Edgewater?
The best public schools that serve Edgewater are:
- Guilford High School has a B Niche grade, a student teacher ratio of 20:1 and an average review score of 3.7.
- Eisenhower Middle School has a C Niche grade, a student teacher ratio of 20:1 and an average review score of 3.8.
- R.K. Welsh Elementary School has a C Niche grade and a student teacher ratio of 18:1.
What are the best private schools in Edgewater?
The best private schools that serve Edgewater are:
- Keith Country Day School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.4.
- Boylan Catholic High School has an A- Niche grade, a student teacher ratio of 9:1 and an average review score of 4.2.
- Rockford Lutheran School has an A- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.9.
What are the most popular zip codes in Edgewater, Rockford, IL?
What are the most popular neighborhoods near Edgewater, Rockford, IL?
The most popular neighborhoods near Edgewater, Rockford, IL are North End Square, Churchill's Grove, Signal Hill, Brown Hills-Knightville and Northwest United.
