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Living In Medford, MA

The small city of Medford, Massachusetts is home to slightly less than 58,000 people. Young professionals can expect to fit right in, as they make up an above-average percentage of the community. At an average age of just over 39, the city's residents skew younger than most cities in Massachusetts. Renters tend to be in the minority in the city, and 57% of residents own their homes. With an average rent of $1,539 a month, exceeding the state average by $321/month, relatively high rent costs could be playing a role in the higher levels of ownership.

Medford has an average commute time of about 35 minutes, longer than the Massachusetts average of about 31 minutes. Many residents (38%) drive to work, while public transportation is used by only 11% of the population. Walking (3%) isn't a common way to get to work, though the number surpasses the national average.

Medford residents have a plethora of industries from which to choose. The four most common are healthcare, education, scientific, and retail. Combined, these industries account for 31% of the city's labor force. Meanwhile, in terms of job function, 10% of residents work in management, which ranks as the top career path in the city. With an average annual income of around $96,000, Medford workers earn more than the average Massachusetts resident. The city's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), Medford has a large concentration of residents over the age of 25 with advanced degrees, as 16% have earned a Master's or a Doctorate. In addition, 18% possess a Bachelor's degree, which also outpaces the national average.



Frequently Asked Questions About Medford

What is the average rent in Medford?

The average rent of a studio apartment in Medford is $4,271 per month. For a one-bedroom apartment it's $3,678 per month. For a two-bedroom apartment the average rent is $4,851 per month.

What is the average cost of rent for a one-bedroom in Medford?

The average rent of a one-bedroom apartment in Medford is $3,678

Are there any cheap apartments for rent in Medford?

For the best deal, we recommend using our cheap apartments filter.

You can also filter by price: Under $1200, Under $1400, Under $1500, Under $2000

Are there any pet friendly apartments in Medford?

Apply Apartment Guide's pet friendly filter to see only Medford apartments that accept pets.
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