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Medford, Massachusetts Demographics & Population 2026

During the 2020–2024 ACS period, Medford, Massachusetts had a total population of 59,354, the 21st largest city in Massachusetts, with a median household income of $129,540, which is 25% higher than the state average. The poverty rate is 7.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Medford Quick Facts

Population 59,354
Median Household Income $129,540
Median Home Value $755,500
Poverty Rate 7.6%
Unemployment Rate 4.3%
Median Age 35.9 years
Homeownership Rate 54.1%
Affordability Ratio 5.8x
Bachelor's Degree or Higher 59.8%
High School Graduation Rate 93.6%
Diversity Index 53/100
Population 59,354 21st of 248
Median Income $129,540 top 30%
Poverty Rate 7.6% 39% lower than national
Median Home Value $755,500 top 30%

How Medford Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population59,06259,354+0.5%
Median household income$118,089$129,540+9.7%
Median home value$715,500$755,500+5.6%

How Medford Compares

Economy & Housing

Household Income Distribution

Under $25K 10.0%
$25K-$50K 10.2%
$50K-$100K 19.9%
$100K+ 60.0%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
3.5%
$15K-$20K
1.9%
$20K-$25K
1.6%
$25K-$30K
2.3%
$30K-$35K
1.5%
$35K-$40K
1.5%
$40K-$45K
2.3%
$45K-$50K
2.6%
$50K-$60K
3.0%
$60K-$75K
6.9%
$75K-$100K
9.9%
$100K-$125K
8.5%
$125K-$150K
6.5%
$150K-$200K
15.0%
$200K+
30.0%

Employment

4.3% Unemployment Rate State: 5.1%|National: 5.2%
72.2% Labor Force Participation

Housing Overview

Owner 54.1%
Renter 45.9%
Affordability Index Expensive
5.8x home value to income ratio
Median gross rent $2,509/mo 23.2% of median household income annually

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 53 | National average: 61

Education

Medford Rankings in Massachusetts

#21 Population of 248
#61 Median Income of 241
#61 Education of 248
#52 Home Value of 242

Other Cities in Middlesex County

CityPopulationMedian IncomePovertyHome Value
Cambridge 118,796 $130,748 12.8% $1,092,100
Lowell 118,368 $78,658 16.9% $429,200
Newton 89,044 $190,304 4.5% $1,264,900
Somerville 81,036 $132,572 9.8% $911,300
Framingham 72,399 $107,419 10.4% $627,300
Malden 65,906 $100,606 11.4% $633,500
Waltham 64,902 $120,216 9.4% $748,700
Everett 50,045 $85,218 14.7% $610,000
Arlington 46,350 $150,701 5.4% $933,800
Woburn 41,939 $111,185 7.9% $673,500

Cities Similar to Medford

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brookline63,266$142,101$1,246,80085.4%8.7%
Waltham64,902$120,216$748,70057.3%9.4%
Weymouth Town58,505$102,714$552,10042.8%7.7%
Methuen53,475$113,310$499,70031.0%7.8%
Revere60,012$86,969$597,40024.6%11.6%

Population Overview

Medford is a mid-sized community located in Massachusetts, within Middlesex County. The total population is 59,354. It ranks as the 21st most populous out of 248 Census-designated places in Massachusetts.

Age Demographics

The median age in Medford is 35.9 years. This is 10% lower than the state median of 40.0 years. Only 12.7% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Medford is $129,540. This is 25% higher than the state median of $103,960. It is also 60% higher than the national median of $80,734. The poverty rate stands at 7.6%. This is 24% lower than the state poverty rate of 10.0%. The unemployment rate is 4.3%. This is 17% lower than the state rate of 5.1%. The median home value is $755,500. Housing costs are 34% higher than the state median of $562,100. The home-value-to-income ratio is 5.8x. 54.1% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 62.5%.

Race & Ethnicity

The largest racial or ethnic group in Medford is White (non-Hispanic), making up 66.0% of the population. Asian residents account for 13.1%. The Asian population is significantly higher than the state average (13.1% vs 7.2%).

Education

59.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 27% higher than the state rate of 47.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.6%. Notably, 27.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Medford, Massachusetts is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Massachusetts state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 248 Census-designated places in Massachusetts. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Medford, Massachusetts?

Medford, Massachusetts has a population of 59,354 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Medford, MA?

The median household income in Medford is $129,540, which is 60% higher than the national median of $80,734.

What is the poverty rate in Medford, MA?

The poverty rate in Medford is 7.6%. This means approximately 4,342 residents live below the federal poverty line.

What is the racial makeup of Medford, Massachusetts?

Medford's population is 66.0% White, 6.3% Black, 8.7% Hispanic/Latino, and 13.1% Asian.

What is the median home value in Medford, MA?

The median home value in Medford is $755,500. The home-value-to-income ratio is 5.8x.

How educated is Medford, Massachusetts?

59.8% of adults (25+) in Medford hold a bachelor's degree or higher, and 27.6% hold a graduate or professional degree.