At a Glance
Median Income
$98,375
$41,238 per capita
Home Value
$234,300
Zillow: $312,370
Median Rent
$1,036/mo
19.9% of income on rent
Bachelor's Degree+
21.1%
86.9% high school+
Unemployment
6.0%
0.0% poverty rate
Obesity Rate
37.7%
15.8% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Medford a Good Place to Live?
A
4.0 / 5.0 - Great
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 6.0% (67% 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 $312,370. 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.
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. Annual precipitation totals 35.5 inches.
Data Overview
People
Population1,194
Median Age38.2 yrs
Density1,003/mi²
Male / Female51% / 49%
Foreign Born7.7%
Veterans8.7%
Economy
A
Median Income$98,375
Per Capita$41,238
Unemployment6.0%
Poverty0.0%
County GDP$2,874M
Avg Weekly Wage$1,190
Housing
A+
Home Value$234,300
Rent$1,036
Ownership74.9%
Zillow$312,370
Housing Units477
Rent Burden19.9%
Health
Obesity37.7%
Diabetes9.0%
Smoking15.8%
Heart Disease5.3%
Premature Death6,151/100K
Climate
Avg Temp45°F
Rain35.5 in/yr
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.
7.3% of the population has a disability.
Average internet download speed is 289 Mbps.
The county recorded 2 fatal vehicle crashes.