Medford, Massachusetts has a population of 61,200, with a median household income of $94,000.
Current unemployment data for Medford.
61,200
$94,000
4.70%
$520,000
3.50
283.00 Mbps
Medford is a smaller urban community located in Massachusetts. The city has a population that is above the average city population in Massachusetts, 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.
Medford, located in Massachusetts, is a city that reflects important demographic and economic patterns within the region.
Medford has a population of 61,200, which is higher than the state average. This indicates a relatively larger urban presence within Massachusetts.
The median household income in Medford is $94,000, which is below the state average, indicating moderate economic conditions.
The average housing price in Medford is about $520,000, making it relatively affordable compared to many cities in Massachusetts.
The unemployment rate in Medford is 4.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Medford are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Massachusetts, Medford shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
Overall, Medford offers a balanced mix of economic conditions, population trends, and housing opportunities within Massachusetts.
The population of Medford is approximately 61,200.
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 $94,000.
The average housing price in Medford is approximately $520,000.