Economy, jobs and prices in Medford, Massachusetts: official figures
The median household income in Medford was $129,540 a year in the 2020-2024 American Community Survey (in 2024 dollars), 75th highest of 823 US cities of 50,000 or more; the US median was $80,734 and the Massachusetts median $103,960.
What is the per capita income in Medford?
Income per resident (per capita income) in Medford averaged $66,184 a year in 2020-2024, 69th highest of 823 US cities of 50,000 or more (US: $44,673; Massachusetts: $57,897).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Medford?
Medford's Gini index of household income inequality was 0.436 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 313th least unequal of 823 US cities of 50,000 or more; the US figure was 0.483.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Medford, Massachusetts?
4.3% of the civilian labor force in Medford was unemployed on average over 2020-2024 (1,633 people), 228th lowest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Massachusetts' 5.2%.
Source: U.S. Census Bureau · saved copyHow many people in Medford have jobs?
36,419 residents of Medford held civilian jobs, 68.9% of those aged 16 and over (US: 59.7%), and 112 served in the armed forces.
Source: U.S. Census Bureau · saved copyWhat are the main industries in Medford?
The largest industry group for working residents of Medford was education, health care and social assistance (26.9% of employed residents), followed by professional, scientific, management and administrative services (21.6%) and retail trade (8.1%), 2020-2024.
Source: U.S. Census Bureau · saved copyHow many people in Medford work in manufacturing?
Manufacturing employed 7.1% of working residents of Medford, 261st lowest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 21.6% (US: 12.6%).
Source: U.S. Census Bureau · saved copyHow long is the commute in Medford, Massachusetts?
Commuters in Medford took 30.2 minutes on average to get to work in 2020-2024, 146th longest of 823 US cities of 50,000 or more (US: 26.4 minutes); 8.5% travelled an hour or more and 13.4% less than 15 minutes.
Source: U.S. Census Bureau · saved copyHow do people in Medford get to work?
26.8% of workers living in Medford worked from home in 2020-2024, 82nd highest of 823 US cities of 50,000 or more (US: 15.1%). 48.4% drove to work alone, 6.0% carpooled, 11.9% used public transport and 3.8% walked.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Medford, Massachusetts?
The median gross rent (rent plus utilities) in Medford was $2,509 a month in 2020-2024, 46th highest of 823 US cities of 50,000 or more (US: $1,413; Massachusetts: $1,762).
Source: U.S. Census Bureau · saved copyHow much does a house cost in Medford?
Owner-occupied homes in Medford had a median value of $755,500 in 2020-2024 as estimated by their owners, 104th highest of 823 US cities of 50,000 or more (US: $332,700; Massachusetts: $562,100).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Medford?
The median home value in Medford was 5.8 times the median household income, 231st highest of 823 US cities of 50,000 or more (US: 4.1 times).
Source: U.S. Census Bureau · saved copyHow many households in Medford have no internet?
5.3% of households in Medford (1,298) had no internet access at home in 2020-2024, 352nd highest of 823 US cities of 50,000 or more (US: 6.5%); 8.7% relied on a cellular data plan alone (US: 11.5%).
Source: U.S. Census Bureau · saved copyHow Medford compares with other cities in the United States
Median household income (2024 dollars) (2020-2024)
Medford ranks 75 of 823, highest first.
| Rank | City | Median household income (2024 dollars) |
|---|---|---|
| 72 | Walnut Creek | $130,432 |
| 73 | Fishers | $130,203 |
| 74 | Cedar Park | $129,545 |
| 75 | Medford | $129,540 |
| 76 | Draper | $128,910 |
| 77 | Saratoga Springs | $128,802 |
| 78 | Edina | $128,767 |
Per capita income (2024 dollars) (2020-2024)
Medford ranks 69 of 823, highest first.
| Rank | City | Per capita income (2024 dollars) |
|---|---|---|
| 66 | Thousand Oaks | $66,591 |
| 67 | Bonita Springs | $66,345 |
| 68 | Royal Oak | $66,293 |
| 69 | Medford | $66,184 |
| 70 | San Jose | $65,945 |
| 71 | Centennial | $65,940 |
| 72 | Atlanta | $65,718 |
Gini index of household income inequality (2020-2024)
Medford ranks 511 of 823, highest first.
| Rank | City | Gini index of household income inequality |
|---|---|---|
| 508 | Pinellas Park | 0.436 |
| 509 | Irving | 0.436 |
| 510 | Victoria | 0.436 |
| 511 | Medford | 0.436 |
| 512 | Lawton | 0.435 |
| 513 | Warwick | 0.435 |
| 514 | Round Rock | 0.435 |
Unemployment rate (share of civilian labor force) (2020-2024)
Medford ranks 596 of 823, highest first.
| Rank | City | Unemployment rate (share of civilian labor force) |
|---|---|---|
| 593 | St. Joseph | 4.3% |
| 594 | Springfield | 4.3% |
| 595 | Surprise | 4.3% |
| 596 | Medford | 4.3% |
| 597 | Queen Creek | 4.3% |
| 598 | Wilmington | 4.3% |
| 599 | West Valley City | 4.3% |
Labor force participation rate (16 and over) (2020-2024)
Medford ranks 77 of 823, highest first.
| Rank | City | Labor force participation rate (16 and over) |
|---|---|---|
| 74 | Malden | 72.3% |
| 75 | Celina | 72.3% |
| 76 | Redmond | 72.3% |
| 77 | Medford | 72.2% |
| 78 | Gilbert | 72.2% |
| 79 | Aurora | 72.1% |
| 80 | Framingham | 72.1% |
Mean travel time to work (minutes) (2020-2024)
Medford ranks 146 of 823, highest first.
| Rank | City | Mean travel time to work (minutes) |
|---|---|---|
| 143 | Surprise | 30.2 |
| 144 | Modesto | 30.2 |
| 145 | Suffolk | 30.2 |
| 146 | Medford | 30.2 |
| 147 | Livermore | 30.1 |
| 148 | Johns Creek | 30.1 |
| 149 | Bolingbrook | 30.0 |
Workers who worked from home (2020-2024)
Medford ranks 82 of 823, highest first.
| Rank | City | Workers who worked from home |
|---|---|---|
| 79 | Little Elm | 27.2% |
| 80 | Centennial | 26.9% |
| 81 | Laguna Niguel | 26.8% |
| 82 | Medford | 26.8% |
| 83 | Saratoga Springs | 26.8% |
| 84 | Mount Pleasant | 26.7% |
| 85 | Redwood City | 26.7% |
Workers commuting by public transportation (2020-2024)
Medford ranks 31 of 823, highest first.
| Rank | City | Workers commuting by public transportation |
|---|---|---|
| 28 | Berkeley | 12.4% |
| 29 | Alexandria | 12.1% |
| 30 | Passaic | 11.9% |
| 31 | Medford | 11.9% |
| 32 | Seattle | 11.9% |
| 33 | Daly City | 11.8% |
| 34 | Evanston | 11.6% |
Employed residents working in manufacturing (2020-2024)
Medford ranks 563 of 823, highest first.
| Rank | City | Employed residents working in manufacturing |
|---|---|---|
| 560 | Menifee | 7.1% |
| 561 | Mission | 7.1% |
| 562 | Lehi | 7.1% |
| 563 | Medford | 7.1% |
| 564 | Roswell | 7.1% |
| 565 | Victorville | 7.0% |
| 566 | Cambridge | 7.0% |
Employed residents in education, health care and social assistance (2020-2024)
Medford ranks 155 of 823, highest first.
| Rank | City | Employed residents in education, health care and social assistance |
|---|---|---|
| 152 | Albuquerque | 27.0% |
| 153 | Olympia | 26.9% |
| 154 | Scranton | 26.9% |
| 155 | Medford | 26.9% |
| 156 | Eau Claire | 26.8% |
| 157 | Lafayette | 26.8% |
| 158 | Salt Lake City | 26.8% |
Median gross rent per month (2020-2024)
Medford ranks 46 of 823, highest first.
| Rank | City | Median gross rent per month |
|---|---|---|
| 43 | Diamond Bar | $2,521 |
| 44 | Somerville | $2,517 |
| 45 | Huntington Beach | $2,510 |
| 46 | Medford | $2,509 |
| 47 | Boca Raton | $2,508 |
| 48 | Novato | $2,506 |
| 49 | Tracy | $2,478 |
Median value of owner-occupied homes (2020-2024)
Medford ranks 104 of 823, highest first.
| Rank | City | Median value of owner-occupied homes |
|---|---|---|
| 101 | Oceanside | $770,300 |
| 102 | Vista | $762,400 |
| 103 | Chula Vista | $758,700 |
| 104 | Medford | $755,500 |
| 105 | Folsom | $755,200 |
| 106 | Waltham | $748,700 |
| 107 | Mount Pleasant | $748,500 |
Median home value as a multiple of median household income (2020-2024)
Medford ranks 228 of 820, highest first.
| Rank | City | Median home value as a multiple of median household income |
|---|---|---|
| 225 | Galveston | 5.9x |
| 226 | Fort Lauderdale | 5.9x |
| 227 | Framingham | 5.8x |
| 228 | Medford | 5.8x |
| 229 | Apple Valley | 5.8x |
| 230 | Coral Springs | 5.8x |
| 231 | Lincoln | 5.8x |
Occupied homes lived in by their owners (2020-2024)
Medford ranks 522 of 823, highest first.
| Rank | City | Occupied homes lived in by their owners |
|---|---|---|
| 519 | Gastonia | 54.2% |
| 520 | Erie | 54.1% |
| 521 | Fort Lauderdale | 54.1% |
| 522 | Medford | 54.1% |
| 523 | Grand Rapids | 54.0% |
| 524 | Middletown | 54.0% |
| 525 | Pomona | 54.0% |
Households with a broadband subscription (2020-2024)
Medford ranks 390 of 823, highest first.
| Rank | City | Households with a broadband subscription |
|---|---|---|
| 387 | Aurora | 92.8% |
| 388 | Victorville | 92.8% |
| 389 | Casa Grande | 92.8% |
| 390 | Medford | 92.8% |
| 391 | Tacoma | 92.8% |
| 392 | Charleston | 92.8% |
| 393 | Coon Rapids | 92.8% |
Households with no internet access (2020-2024)
Medford ranks 352 of 823, highest first.
| Rank | City | Households with no internet access |
|---|---|---|
| 349 | Hampton | 5.3% |
| 350 | Palm Bay | 5.3% |
| 351 | Commerce City | 5.3% |
| 352 | Medford | 5.3% |
| 353 | Casa Grande | 5.3% |
| 354 | Palmdale | 5.3% |
| 355 | Aurora | 5.3% |
More on Medford: overview · health · education and schools · poverty and living standards · government budget · all cities in the United States
Sources
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08013: Aggregate Travel Time to Work (in Minutes) of Workers by Sex (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 6939fdfa046fd5bb829ec8da9549e66298cc740f6a3f5dd60e1920a08e3083fb), read 23 October 2026 · saved copy (SHA-256 5f94e7878b6a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B23025: Employment Status for the Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 264a5bd9367c5f58d9773fa4966fa94fe1e02f9c7106bc2ab39168d6de7c3e4a), read 23 October 2026 · saved copy (SHA-256 2630e6946370…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19083: Gini Index of Income Inequality (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 338f7a1191eaaf3913913e78c36aaa9d82f2b5c8faaf889be2e597b28869205e), read 23 October 2026 · saved copy (SHA-256 b8cf854b1f94…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table C24030: Sex by Industry for the Civilian Employed Population 16 Years and Over (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 66a2799a71a5fc36f0e3bc22767fe5bdd8f96eb29e85b91311e990d35cc14114), read 23 October 2026 · saved copy (SHA-256 5d717c57e7e4…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19013: Median Household Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b25a176b0e6c339b6f3a2a0d3d8446bf06f5f080b4395993ec9a8313efb1c229), read 23 October 2026 · saved copy (SHA-256 1d8a264807c6…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B08301: Means of Transportation to Work (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 552b24c135b6e7c566910914a861cda6fc798ba0cd47801b1eb64295a128c2ee), read 23 October 2026 · saved copy (SHA-256 eaf823006d53…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B19301: Per Capita Income in the Past 12 Months (in 2024 Inflation-Adjusted Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 9fc107e98fee7fa49bb8314560205569184fad65fb64b80adb5c5bdd83ccc409), read 23 October 2026 · saved copy (SHA-256 24c1e725b26a…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25064: Median Gross Rent (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 b36e6dc1fcef36b8b307d31b37517b64c80d8b9c70d48c9b1894242860f42eb0), read 23 October 2026 · saved copy (SHA-256 b842a7ff825c…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25077: Median Value (Dollars) (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 89eb2153764a2330b23959d8bbc29b3a8f3016f087b990f2a8ea0d5096d9a816), read 23 October 2026 · saved copy (SHA-256 22b59a3b1acb…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B28002: Presence and Types of Internet Subscriptions in Household (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 12446ff0691b8818f5908cdc398817361772c5b3078c506d0409adc9c841840b), read 23 October 2026 · saved copy (SHA-256 4b375b368bf9…)
- U.S. Census Bureau: American Community Survey 2020-2024 5-year estimates, table B25003: Tenure (Summary File rows for the US, the states and the listed cities, copied unchanged from the full file, sha256 68e963e1ed60fcf6b0658579cefc6498b7a9eb780b9f3e87fd1b9775c4d4ac6c), read 23 October 2026 · saved copy (SHA-256 2983c28f47fa…)
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