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
Income Overview
Median Household Income
$98,375
31% above
US avg: $75,149
Per Capita Income
$41,238
6% above
US avg: $39,052
Unemployment Rate
4.5%
25% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Medford vs. U.S. Average
Each bar shows Medford’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$98,375
131%
Per Capita
US: $39,052
$41,238
106%
IRS Avg AGI
US: $72,000
$71,956
100%
Avg Weekly Wage
US: $1,432
$1,190
83%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,190
17% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
9.0%
41% below US avg (15.2%)
Drive Alone
79.5%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,874M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.5%
Public Transit
0%
Work From Home
9%
Other
11.5%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,130
Restaurants
79
Healthcare
124
Retail
146
Manufacturing
60
Tax & Financial
IRS Avg Adjusted Gross Income
$71,956
0% below US avg ($72,000)
Avg Property Tax
$4,510
29% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $98,375 |
| Per Capita Income | $41,238 |
| IRS Avg Adjusted Gross Income | $71,956 |
| Avg Weekly Wage | $1,190 |
| County GDP | $2,874M |
Hardship Indicators
| Unemployment Rate | 4.5% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.426 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 79.5% |
| Public Transit | 0.0% |
| Work From Home | 9.0% |
Businesses
| Total Establishments | 1,130 |
| Restaurants | 79 |
| Healthcare | 124 |
| Retail | 146 |
| Manufacturing | 60 |
Tax
| IRS Avg AGI | $71,956 |
| Avg Property Tax | $4,510 |
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