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Medford, MN

Full City Profile · Minnesota · Steele County County

3.3 /5.0
B Good
1,194 Population 1,003/sq mi density
$98,375 Median Income $41,238 per capita
$234,300 Home Value $302,836 Zillow
$1,036 Median Rent 19.9% income on rent
45°F Avg Temperature 270 sunny days/yr
141 Violent Crime/100K 2,423 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$98,375 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$234,300 home value, $1,036/mo rent
F
Safety
1.0 / 5.0
141 violent crimes/100K
C+
Education
2.7 / 5.0
21.1% bachelor's degree or higher

Medford, MN

At a Glance

Median Income
$98,375
31% above
$41,238 per capita
Home Value
$234,300
17% below
Zillow: $302,836
Median Rent
$1,036/mo
11% below
19.9% of income on rent
Violent Crime
141/100K
63% below
2,423/100K property
Bachelor's Degree+
21.1%
37% below
86.9% high school+
Unemployment
4.5%
25% above
0.0% poverty rate
Obesity Rate
37.7%
17% above
15.8% smoking rate
Avg Temperature
45°F
270 sunny days/yr

How Medford Compares to the U.S. Average

Each bar shows Medford's value as a percentage of the national average (100% = U.S. avg)

Income
131%
Home Value
83%
Rent
89%
Poverty
0%
Bachelor's
63%
Unemployment
125%
Crime
37%
Thin vertical line = U.S. national average (100%)

Is Medford a Good Place to Live?

B
3.3 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Medford residents earn a median household income of $98,375 , which is 31% above the national average of $75,149. Per capita income is $41,238. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 1,130 business establishments, including 79 restaurants.

Housing & Cost of Living

The median home value in Medford is $234,300 , 17% below the national median of $281,900. Zillow estimates the typical home at $302,836. Median rent is $1,036/month, with 19.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1979.

Safety & Crime

Medford reports 141 violent crimes per 100,000 residents , which is 63% below the national average of 380/100K. Property crime is 2,423/100K.

Education

21.1% of adults in Medford hold a bachelor's degree or higher (37% below the national average). 86.9% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Medford has an average annual temperature of 45°F (7°C). Winters average 14°F in January while summers reach 72°F in July. The area gets 270 sunny days per year. Annual precipitation totals 35.5 inches. Air quality is rated Good with a median AQI of 36.

Data Overview

People

Population1,194
Median Age38.2 yrs
Density1,003/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans8.7%

Economy

A+
Median Income$98,375
Per Capita$41,238
Unemployment4.5%
Poverty0.0%
County GDP$2,874M
Avg Weekly Wage$1,190

Housing

A+
Home Value$234,300
Rent$1,036
Ownership74.9%
Zillow$302,836
Housing Units477
Rent Burden19.9%

Crime

F
Violent141/100K
Property2,423/100K

Health

Obesity37.7%
Diabetes9.0%
Smoking15.8%
Heart Disease5.3%
Premature Death6,151/100K

Climate

Avg Temp45°F
Sunny Days270/yr
Rain35.5 in/yr
AQI36 (Good)
Elevation1,103 ft

Education

C+
Bachelor's+21.1%
High School+86.9%
Graduate+7.3%
School Score6.0/10

Community

2024 VoteR 61% / D 37%
Commute23 min
Broadband94.1%
Internet Speed289 Mbps
EV Stations9
Libraries2

Did You Know?

The median home in Medford was built in 1979.
The nearest airport is Owatonna Degner Regional (3 miles).
The Gini coefficient (income inequality) is 0.426 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
7.7% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 289 Mbps.
The county recorded 2 fatal vehicle crashes.