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Medford Apartment Features
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Apartments Near Medford
For SaleMedford, OR Homes for Sale
Living In Medford, OR
The town of Medford, Oregon is home to slightly more than 79,000 residents. Retirees are commonplace, as they account for 17% of the population compared to 14% nationally. With an average age of just over 39, the city's population is younger than most cities in Oregon. Homeowners are slightly more prevalent than renters in Medford by a narrow 53%-47% margin. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $977/month. Over the course of a year, renters in Medford will save around $1,200 compared to the state average.
There are three primary industries in Medford: healthcare, retail, and entertainment. Together, these industries account for 21% of the city's labor force. Meanwhile, looking at job function, many of the city's residents work in sales, which ranks as the top field in the city. With an average annual income of around $59K, Medford workers take home less than the average Oregon resident. The city's average income also trails the national average of $73,345. Medford has a relatively high concentration of residents older than 25 who have earned a high school degree or equivalent (18%) compared to the Oregon average. In addition, 11% possess a Bachelor's degree and 4% have earned a Master's or Doctoral degree.
Medford residents have an average commute of about 17 minutes, quicker than the state average of about 25 minutes. Many residents (38%) commute to work by car or truck, while public transportation isn't used widely. A small percentage of residents commute to work on foot.
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