Median Household Income
$129,540 ± $7,926
Median Home Value
$755,500 ± $23,189
Median Gross Rent
$2,509 ± $94/mo
Per Capita Income
$66,184
Poverty Rate
7.6%
Unemployment Rate
4.3%
Homeownership Rate
54.1%
Bachelor's Degree or Higher
59.8%
Median Age
35.9
Average Commute
22 min
Households
24,339
Veterans
1,683
Population Over Time
Medford grew 4.2% from 2014 to 2024.
2014
56,981
2016
57,180
2018
57,771
2020
58,290
2022
61,748
2024
59,354
Population by Race & Ethnicity
White
67.9%
Hispanic or Latino
8.7%
Black or African American
6.7%
Asian
13.1%
Nearby Cities in Massachusetts
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.