Located in the state of New York, Medford is a medium-sized city with a population of 23,829 residents. At 86%, the majority of the Medford population is White; this is followed by 9% Black and 3% Asian. Medford has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 72% of the population is classified as married and 58% have kids.
Living in Medford can be a positive experience for anyone moving to the area. Having said that, in the state of New York, there are many amazing places to live, so choose wisely! The best areas in Medford and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, weather, education, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New York and national averages.
Medford has a livability score of 66 out of 100 and is ranked #622 in New York and #15,806 in the USA. For each of the livability categories, we know that Medford ranks very well for amenities (A+) and employment (B-). Medford does not rank well for the following: cost of living (F), education (D) and housing (D). It might be a smart idea to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Medford on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Medford. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Medford are affordable. The median home price for Medford homes is $289,200, which is 1% higher than the New York average. If we take a closer look at the affordability of homes in Medford, we’ll see that the home price to income ratio is 3.4, which is 27.7% lower than the New York average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Medford will offer some insight into determining if your home purchase will be a solid investment for years to come. In Medford, the year-over-year appreciation rates were 4.6%, and the 5 year appreciation rates came in at 6.1%.