Medford, MA
Maps & Population Facts

Population
57,700
Population Density
7,124
Labor Participaton
69.4%
Bachelor's or Higher
49.6%
Median Household Income
$86,204
Median Individual Income
$46,663
Median Individual Income(Full-time Workers Only)
$62,179

Housing Estimates

Median House Value
$443,100
Median Gross Rent
$1,610
Median Mortgage Payment
$2,347
Housing Units
23,580
People who reside in Medford live in:
Detached - Single Family Homes
33%
Apt, Condo, Other
67%
Analysis

Income

Households in Medford earn significantly more money than the national median income, averaging 43% higher per household.

Housing

Medford has a median house price of $443,100. The cost of homeownership is significantly higher than most areas. The cost of renting in Medford is 59% more than the national average.

Percent
Renter Occupied Households 38%
New Construction (Built after 2000) 7%

Demographics

The median age in Medford is 36. Medford has a population that is younger than in comparison to the US median age.

Medford ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.

Housing Data

Housing Comparison
Medford Massachusetts USA
Median Property Value 443,100 385,400 217,600
Median Mortgage Payment 2,347 2,108 1,513
Median Gross Rent 1,610 1,208 1,012
Property Vacancy 4.6% 10.0% 12.6%
% Renters 43% 38% 36%
Residents per Sq. Mi. 7,124 885 93
Personal Comparison
Medford Massachusetts USA
Median Household Income 86,204 77,385 60,336
Median Individual Income 46,663 41,700 33,646
Median Income (Full-Time) 62,179 60,923 46,881
Median Age 35.8 39.5 38.1
Labor Participation 69.4% 67.8% 62.8%
Attained College Degree 49.6% 43.4% 32.0%

Population Density Analysis

Medford, MA
7,124
Residents per Sq. Mile
The population density of Medford is comparable to that of a Mid-Sized City.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +

Demographics