Massachusetts · Census place 39835
Medford city, MA
Quick answer
Medford city has 59,062 residents, ranking #21 of 248 places in Massachusetts. Median household income is $118,089, the median home is worth $715,500 and median gross rent runs $2,477 a month.
- Population
- 59,062Medford city residents
- Median household income
- $118,089Past 12 months, inflation adjusted
- Median home value
- $715,500Owner-occupied units
- Median gross rent
- $2,477Rent plus utilities, monthly
- Median age
- 36.1 yrsAll residents
- Homeownership rate
- 53.1%Owner-occupied households
What the numbers mean in Medford city
Housing cost measured against local earnings.
A household earning the Medford city median would spend about 25.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.2% of residents and 53.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Massachusetts.
- Brookline CDP 62,822
- Revere city 59,933
- Taunton city 59,719
- Weymouth Town city 57,786
- Chicopee city 55,213
- Peabody city 54,180
- Methuen Town city 53,043
Keep going
More Massachusetts coverage.