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Oklahoma · Census place 47300

Medford city, OK

Quick answer

Medford city has 1,014 residents, ranking #238 of 846 places in Oklahoma. Median household income is $61,477, the median home is worth $65,600 and median gross rent runs $814 a month.

Population
1,014Medford city residents
Median household income
$61,477Past 12 months, inflation adjusted
Median home value
$65,600Owner-occupied units
Median gross rent
$814Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
68.3%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 15.9% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.8% of residents and 68.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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