Medford, Minnesota has a population of 1,310, with a median household income of $74,200.
Current unemployment data for Medford.
1,310
$74,200
3.10%
$215,000
9.40
400.00 Mbps
Medford is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Minnesota, Medford provides insight into regional population trends, income levels, and housing conditions.
Medford has a population of 1,310, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Medford is $74,200, which is above the state average. This reflects stronger earning potential and economic stability.
The average housing price in Medford is about $215,000, making it relatively affordable compared to many cities in Minnesota.
The unemployment rate in Medford is 3.10%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Medford are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Medford shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Minnesota, Medford contributes to the broader economic and social landscape, offering insights into regional development.
The population of Medford is approximately 1,310.
Medford offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Medford is around $74,200.
The average housing price in Medford is approximately $215,000.