Medford has a population of 85,539 with a median age of 38.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 85,539 |
| Median Age | 38.1 |
| White | 82.2% |
| Black or African American | 0.9% |
| Asian | 1.3% |
| Hispanic or Latino | 16.6% |
The median household income in Medford is $65,647, which is 12.6% below the national median of $75,149. The per capita income is $33,822. The poverty rate is 13.2%.
The unemployment rate in Medford is 5.0%, compared to the national rate of 5.4%.
In Medford, 90.7% of residents age 25+ have a high school diploma or higher, and 28.4% hold a bachelor's degree or higher (9.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.7% |
| Bachelor's Degree or Higher | 28.4% |
| Graduate or Professional Degree | 9.6% |
The median home value in Medford is $355,600, above the national median of $281,900. The median monthly rent is $1,214. The homeownership rate is 54.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $355,600 |
| Median Monthly Rent | $1,214 |
| Homeownership Rate | 54.7% |
| Vacancy Rate | 5.1% |
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