Living in Medford, Oklahoma
Cost of living, income, home prices, rent and demographics of Medford · Census data 2020–2024
Medford has 1,016 residents with a median age of 39.9. The median household income is $48,942 (25% lower than the Oklahoma median), the median home value is $87,500, the median rent is $828/month.
Medford is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Medford at a glance
- Population
- 1,016
- Median age
- 39.9State: 37
- Median household income
- $48,942State: $65,039
- Median home value
- $87,500State: $199,800
- Median rent
- $828/moState: $1,014
- Homeowners
- 70.3%
- Bachelor's degree or higher
- 21.7%
- Average commute
- 25 min
Is Medford a good place to live?
Pros: Home values 56% lower than the state median; unemployment of 2.7%.
Cons: Median household income 25% lower than the Oklahoma median; an average commute of 25 minutes; a poverty rate of 23.6%.
The weather is best in April–May and September–October.
Cost of living in Medford
Housing is the biggest part of the cost of living. In Medford the median home value is $87,500, 74% lower than the U.S. median. Renters pay a median of $828 per month, which is 21% of household income. Homeowners with a mortgage pay $1,304 a month in housing costs.
Medford median household income
The median household income in Medford is $48,942 and the income per person is $28,546. 23.6% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Medford: homes for sale and rent
- Housing units
- 476
- Owner-occupied
- 70.3%
- Renter-occupied
- 29.7%
- Vacant
- 20.8%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.58
Medford demographics
- Population
- 1,016
- Median age
- 39.9
- Under 18
- 26.3%
- 65 and older
- 24.1%
- Households
- 377
- Foreign-born
- 0.4%
- Veterans
- 14.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Medford ›
Education in Medford
21.7% of adults 25 and older in Medford have a bachelor's degree or higher (Oklahoma: 28.3%), and 7.1% have a graduate or professional degree.
Jobs and commute in Medford
- Unemployment rate
- 2.7%State: 5%
- Average commute
- 25 minState: 22 min
- Work from home
- 5.9%
- Drive alone
- 79.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 76.4%
Medford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Medford | 1,016 | $48,942 | $87,500 | $828 |
| Pond Creek | 855 | $55,804 | $153,300 | $1,058 |
| Wakita | 339 | $35,769 | $30,700 | $442 |
| Lamont | 308 | $78,750 | $62,700 | $950 |
| Hunter | 139 | $81,500 | $94,200 | — |
| Caldwell | 976 | $44,286 | $75,600 | $371 |
| Kremlin | 267 | $79,167 | $155,100 | $950 |
| Nash | 218 | $43,929 | $76,900 | — |
| Manchester | 143 | $90,446 | $56,000 | — |
More for people moving to Medford
Medford ZIP code ›Weather and climate ›Living in Medford: FAQ
What is the median household income in Medford, OK?
The median household income in Medford is $48,942, 25% lower than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Medford?
The median home value in Medford is $87,500, compared with $199,800 in Oklahoma.
How much is rent in Medford?
The median gross rent in Medford is $828 per month, about 21% of household income.
Is Medford, OK a good place to live?
Pluses: home values 56% lower than the state median; unemployment of 2.7%. Minuses: median household income 25% lower than the Oklahoma median; an average commute of 25 minutes; a poverty rate of 23.6%.
What is the median age in Medford?
The median age in Medford is 39.9 years (Oklahoma: 37).
How long is the commute in Medford?
The average commute to work in Medford is 25 minutes; 5.9% of workers work from home.
What is the unemployment rate in Medford?
The unemployment rate in Medford is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Medford?
21.7% of adults in Medford have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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