Most Expensive Medford Neighborhoods
Medford is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Massachusetts. With a population of 57,437 people and 12 constituent neighborhoods, Medford is the 20th largest community in Massachusetts. Medford has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.
Housing costs in Medford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Massachusetts.
Medford is a decidedly white-collar city, with fully 89.36% of the workforce employed in white-collar jobs, well above the national average. Overall, Medford is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Medford who work in office and administrative support (12.85%), management occupations (11.68%) and sales jobs (9.60%).
Also of interest is that Medford has more people living here who work in computers and math than 95% of the places in the US.
One thing that you will notice about Medford is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Medford a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
Medford is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
In Medford, however, the average commute to work is quite long. On average, people spend 30.70 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the city is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Like elsewhere in America, most people in Medford use a private automobile to get to work. But notably, a substantial number of Medford‘s citizens do make use of public transit in their daily commute, primarily riding the subway. This helps more people get to work with less air pollution, and require fewer highways to get them there.
The citizens of Medford are among the most well-educated in the nation: 44.97% of adults in Medford have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Medford in 2010 was $36,636, which is middle income relative to Massachusetts, and wealthy relative to the rest of the US. This equates to an annual income of $146,544 for a family of four. However, Medford contains both very wealthy and poor people as well.
Medford is a very ethnically-diverse city. The people who call Medford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Medford residents report their race to be White, followed by Black or African-American. Important ancestries of people in Medford include Italian, Irish, English, German, Haitian and Polish.
Medford also has a high percentage of its population that was born in another country: 21.08%.
The languages spoken by people in Medford are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Medford is English. Other important languages spoken here include Portuguese, Spanish, Italian and French Creole.
|NUMBER OF HOMES AND APARTMENTS||22,126|
|MEDFORD HOME OWNERSHIP|
|% OWNER OCCUPIED||55.14%|
|% RENTER OCCUPIED||44.86%|
|TYPE OF MEDFORD HOMES|
|SINGLE FAMILY DETACHED||35.77%|
|ROWHOUSES AND ATTACHED HOMES||12.17%|
|SMALL APARTMENT BUILDINGS||31.45%|
|COMPLEXES OR HIGH RISE APARTMENTS||20.48%|
|SIZE OF MEDFORD HOMES|
|5 OR MORE BEDROOMS||4.42%|
|AGE OF MEDFORD HOMES|
|NEWER HOMES (2000 OR LATER)||6.53%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||15.64%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||20.11%|
|HISTORIC (1939 OR BEFORE)||57.72%|
|MEDFORD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$451,919|
|MEDIAN RENTAL PRICE||$1,793|
|HOME VALUE RANGE|
|$0 - $58,000||1.91%|
|$58,001 - $117,000||0.09%|
|$117,001 - $234,000||2.99%|
|$234,001 - $350,000||15.17%|
|$350,001 - $467,000||32.18%|
|$467,001 - $584,000||28.54%|
|$584,001 - $876,000||17.47%|
|$876,001 - $1,168,000||1.20%|
|PEOPLE OF MEDFORD||DETAILS|
|UNDER 5 YEARS||5.11%|
|5 TO 17||10.18%|
|18 TO 24||12.54%|
|25 TO 34||20.38%|
|35 TO 54||25.85%|
|55 TO 64||11.63%|
|65 YEARS AND OVER||14.30%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||91.11%|
|MEDIAN HOUSEHOLD INCOME||$77,868|
|PER CAPITA INCOME||$36,636|
|INDIVIDUALS BELOW POVERTY LEVEL||10.50%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (15.32%)
Professional, scientific, and technical services (11.49%)
Public Service (4.17%)
Information Technology (2.24%)
|BLACK OR AFRICAN AMERICAN||9.16%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.19%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||0.85%|
|TWO OR MORE RACES||2.92%|
|HISPANIC OR LATINO (OF ANY RACE)||4.61%|
|ETHNICITIES PRESENT||Italian (24.39%)
French Canadian (2.82%)
|LANGUAGES SPOKEN||English (72.62%)
French Creole (3.36%)
Indic languages (1.06%)
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