Medford is a mid-sized city located in the state of Oregon. The city has a population of 78,856 residents. Medford has a population density of 3,061 people per square mile. This would be considered well above the national population density level. If we look at the most recent Census, Medford is known to have a predominantly White population. The next two most common races are Asian and Black. Medford has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 71% of the population is classified as married and 61% have kids.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Medford, Oregon could be a positive experience for anyone who puts in the time to do the research required. To help you find the best places to live in and around Medford, AreaVibes has created a livability score using key metrics like crime, cost of living, weather, employment, housing and more.
The livability score in Medford is 64 out of 100 and the city is ranked in the 37th percentile of all cities across America. If we dig down a little deeper into each category within the livability score, we see that Medford has higher than average grades for the following: amenities (A+). There is at least one category that you should be aware of in Medford. The following was graded with a less than perfect score: crime (F), cost of living (D-), education (D-) and employment (D).
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. Some of the interesting things to do and attractions include: Upper and Lower Table Rock, Rogue River, and Harry & David's Tour.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Medford is actually affordable. The median home price for Medford homes is $213,300, which is 13.7% lower than the Oregon 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 4.8, which is 4.3% higher than the Oregon average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Medford were 7.8%, and the 5 year appreciation rates came in at 10.1%.