Last updated: 2024 BLS data · Page refreshed:
Medford has a population of 24,796 with a median age of 39.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 24,796 |
| Median Age | 39.6 |
| White | 62.7% |
| Black or African American | 7.1% |
| Asian | 3.4% |
| Hispanic or Latino | 28.7% |
The median household income in Medford is $128,192, which is 59.0% above the national median of $80,610. The per capita income is $45,983. The poverty rate is 7.1%.
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In Medford, 88.6% of residents age 25+ have a high school diploma or higher, and 29.3% hold a bachelor's degree or higher (11.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.6% |
| Bachelor's Degree or Higher | 29.3% |
| Graduate or Professional Degree | 11.6% |
The median home value in Medford is $476,200, above the national median of $303,400. The median monthly rent is $2,353. The homeownership rate is 88.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $476,200 |
| Median Monthly Rent | $2,353 |
| Homeownership Rate | 88.4% |
| Vacancy Rate | 6.3% |
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