Living in Medford, Oregon
Cost of living, income, home prices, rent and demographics of Medford · Census data 2020–2024
Medford has 86,315 residents with a median age of 38.9. The median household income is $73,230 (12% lower than the Oregon median), the median home value is $417,100, the median rent is $1,376/month.
Medford at a glance
- Population
- 86,315
- Median age
- 38.9State: 40.4
- Median household income
- $73,230State: $83,011
- Median home value
- $417,100State: $477,600
- Median rent
- $1,376/moState: $1,525
- Homeowners
- 56.3%
- Bachelor's degree or higher
- 30.1%
- Average commute
- 17 min
Is Medford a good place to live?
Pros: Home values 13% lower than the state median; an average commute of 17 minutes; unemployment of 5.3%.
Cons: Median household income 12% lower than the Oregon median; a poverty rate of 13.2%.
The weather is best in May–June 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 $417,100, 25% higher than the U.S. median. Renters pay a median of $1,376 per month, which is 33.2% of household income. Homeowners with a mortgage pay $1,884 a month in housing costs.
Medford median household income
The median household income in Medford is $73,230 and the income per person is $37,002. 13.2% of residents live below the poverty line (Oregon: 11.9%).
Housing in Medford: homes for sale and rent
- Housing units
- 36,630
- Owner-occupied
- 56.3%
- Renter-occupied
- 43.7%
- Vacant
- 5%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.42
Medford demographics
- Population
- 86,315
- Median age
- 38.9
- Under 18
- 22.9%
- 65 and older
- 19.5%
- Households
- 34,813
- Foreign-born
- 6.5%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Medford ›
Education in Medford
30.1% of adults 25 and older in Medford have a bachelor's degree or higher (Oregon: 36.8%), and 10.5% have a graduate or professional degree.
Jobs and commute in Medford
- Unemployment rate
- 5.3%State: 5.4%
- Average commute
- 17 minState: 23 min
- Work from home
- 10.5%
- Drive alone
- 72.8%
- Public transit
- 0.5%
- Walk to work
- 2.3%
- Homes with broadband
- 91.6%
Medford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Medford | 86,315 | $73,230 | $417,100 | $1,376 |
| Central Point | 19,216 | $86,058 | $389,100 | $1,364 |
| Phoenix | 4,390 | $66,508 | $415,300 | $1,225 |
| Jacksonville | 2,991 | $90,341 | $649,200 | $1,615 |
| White City | 10,750 | $71,175 | $302,400 | $1,379 |
| Talent | 6,254 | $62,543 | $405,300 | $1,579 |
| Eagle Point | 9,839 | $84,126 | $408,700 | $1,307 |
| Ruch | 1,151 | $83,700 | $400,500 | $1,907 |
| Gold Hill | 1,288 | $56,359 | $340,500 | $1,471 |
More for people moving to Medford
Medford ZIP code ›Weather and climate ›Living in Medford: FAQ
What is the median household income in Medford, OR?
The median household income in Medford is $73,230, 12% lower than the Oregon median of $83,011 (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 $417,100, compared with $477,600 in Oregon.
How much is rent in Medford?
The median gross rent in Medford is $1,376 per month, about 33.2% of household income.
Is Medford, OR a good place to live?
Pluses: home values 13% lower than the state median; an average commute of 17 minutes; unemployment of 5.3%. Minuses: median household income 12% lower than the Oregon median; a poverty rate of 13.2%.
What is the median age in Medford?
The median age in Medford is 38.9 years (Oregon: 40.4).
How long is the commute in Medford?
The average commute to work in Medford is 17 minutes; 10.5% of workers work from home.
What is the unemployment rate in Medford?
The unemployment rate in Medford is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Medford?
30.1% 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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