Median Household Income
$108,250 ± $15,974
Median Home Value
$249,600 ± $18,456
Median Gross Rent
$1,175 ± $307/mo
Per Capita Income
$44,486
Poverty Rate
4.9%
Unemployment Rate
3.3%
Homeownership Rate
80.3%
Bachelor's Degree or Higher
23.9%
Median Age
39.3
Average Commute
19 min
Households
467
Veterans
65
Population Over Time
Medford shrank 9.0% from 2014 to 2024.
2014
1,382
2016
1,388
2018
1,339
2020
1,220
2022
1,258
2024
1,257
Population by Race & Ethnicity
White
95.9%
Hispanic or Latino
7.2%
Black or African American
0.2%
Asian
1.6%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.