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The total population of Medford is estimated to be 61,748 with 29,227 males (47.33%) and 32,521 females (52.67%). There are 3,294 more females than males in Medford.
The median household income in Medford was $116,580 in 2021, which marked an an increase of 1,942(1.69%) from $114,638 in 2020. This income is 156.26% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
In Medford, the median income for all workers aged 15 years and older, regardless of work hours, was $62,311 for males and $47,457 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $93,140 for males and $78,942 for females.
In Medford, there are just three different racial groups among households. Among these, Asian households report a median household income of $165,097, followed by Black or African American households at $125,638, and White households with a median household income of $110,484.
In 2022, the population of Medford was 65,399, a 5.21% increase year-by-year from 2021. Previously, in 2021, Medford's population was 62,163, an increase of 2.90% compared to a population of 60,414 in 2020.
The median age in Medford, MA is 35.7, as per 2021 ACS 5-Year Estimates. Of the total population, 11.43% were under the age of 15, 27.12% aged 15 to 29, 46.61% aged 30 to 64, 12.39% aged 65 to 84, and 2.46% were 85 years of age and older.
Racial distribution of Medford population: 70.91% are White, 8.43% are Black or African American, 0.05% are American Indian and Alaska Native, 10.60% are Asian, 0.05% are Native Hawaiian and other Pacific Islander, 3.16% are some other race and 6.80% are multiracial.