Last updated: 2024 BLS data · Page refreshed:
Medford has a population of 86,315 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 86,315 |
| Median Age | 38.9 |
| White | 75.9% |
| Black or African American | 1.1% |
| Asian | 1.4% |
| Hispanic or Latino | 18.0% |
| Other / Two or More Races | 3.6% |
The median household income in Medford is $73,230, which is 9.2% below the national median of $80,610. The per capita income is $37,002. The poverty rate is 13.2%.
The unemployment rate in Medford is 4.9%, compared to the national rate of 4.1%.
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In Medford, 91.0% of residents age 25+ have a high school diploma or higher, and 30.1% hold a bachelor's degree or higher (10.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 91.0% |
| Bachelor's Degree or Higher | 30.1% |
| Graduate or Professional Degree | 10.5% |
The median home value in Medford is $417,100, above the national median of $303,400. The median monthly rent is $1,376. The homeownership rate is 56.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $417,100 |
| Median Monthly Rent | $1,376 |
| Homeownership Rate | 56.3% |
| Vacancy Rate | 5.0% |
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