Pros and Cons of Living In Medford, Massachusetts. Is Medford, MA a Nice Place To Live or Retire?

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Medford, Massachusetts

Moving to Medford In Massachusetts ? Is Medford, MA a Nice Place To Live? Pros and Cons of Living in Medford, Massachusetts. Find out the best and worst about to live, raise a family or retire in Medford.

Medford is a city 6.7 miles (10.8 km) northwest of downtown Boston on the Mystic River in Middlesex County, Massachusetts, United States. At the time of the 2020 U.S. Census, Medford's population was 59,659. It is home to Tufts University, which has its campus on both sides of the Medford and Somerville border.

DEMOGRAPHICS

Population
58290
Unemployment
3.4%
28% NAT AVG.
Poverty
8.6%
39% NAT AVG.
Cost Of Living
147
47% NAT AVG.

ECONOMICS

Median Home Cost
$551900
140% NAT AVG.
Median Income
$101168
50% NAT AVG.
Median Rent
$2003
73% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
609
55% NAT. AVG.
22% STATE AVG.
Violent Crime
72
68% NAT. AVG.
59% STATE AVG.
Property Crime
537
52% NAT. AVG.
11% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 12
Unemployed People
1 in 29
People Earning < $10,000
1 in 27
People Earning < $50,000
25.2%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Medford USA
White 68.8% 60.1%
African American 8.8% 12.2%
American Indian 0.1% 0.6%
Asian 11.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 3% 2.8%
Hispanic 7.5% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Medford USA
Less than $10,000 3.7% 5.8%
$10,000 to $14,999 3.7% 4.1%
$15,000 to $24,999 5% 8.5%
$25,000 to $34,999 4.6% 8.6%
$35,000 to $49,999 8.2% 12.0%
$50,000 to $74,999 12.9% 17.2%
$75,000 to $99,999 11.3% 12.8%
$100,000 to $149,999 20.6% 15.6%
$150,000 to $199,999 13.6% 7.1%

EDUCATION

Education Medford USA
< 9th Grade 3% 5.0%
9-12th Grade 4% 7.0%
High School or GED 20% 27.0%
Other College 12% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 29% 20.0%
Master's Degree 18% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 5% 1.0%
Medford is a city in Massachusetts state in USA with a population of 58290 residents.. The poverty rate of Medford is 8.6%, which is 39% lower than national average. The typical household in Medford earns $101168 a year, compared to the national median of $67,500. Nearly 25.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Medford remained 3.4%, which is 28% lower than national rate.

Cost of living in Medford is 147, which is 47% higher than national average. In Medford, only 55% of adults have a bachelor's degree and 18% have some college but no degree. Median home value in Medford is $551900 , which is 140% higher than national average. While median income in Medford remained $101168, which is 50% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Medford Scorecard

Jobs85%

Housing95%

Affordability40%

Safety80%

Amenities100%

Diversity85%

Education85%

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