Last updated: 2024 BLS data · Page refreshed:
Medford has a population of 4,431 with a median age of 49.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,431 |
| Median Age | 49.5 |
| White | 94.3% |
| Black or African American | 0.3% |
| Asian | 0.7% |
| Hispanic or Latino | 2.0% |
| Other / Two or More Races | 2.7% |
The median household income in Medford is $59,842, which is 25.8% below the national median of $80,610. The per capita income is $37,908. The poverty rate is 7.9%.
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In Medford, 95.3% of residents age 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.3% |
| Bachelor's Degree or Higher | 22.7% |
| Graduate or Professional Degree | 7.6% |
The median home value in Medford is $186,600, below the national median of $303,400. The median monthly rent is $846. The homeownership rate is 56.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $186,600 |
| Median Monthly Rent | $846 |
| Homeownership Rate | 56.1% |
| Vacancy Rate | 5.8% |
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