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The total population of Medford is estimated to be 4,317 with 2,196 males (50.87%) and 2,121 females (49.13%). There are 75 less females than males in Medford.
The median household income in Medford was $51,705 in 2021, which marked an an increase of 4,986(10.67%) from $46,719 in 2020. This income is 69.30% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Medford sees its highest median household income among householders in the age group of 25 to 44 years old, at $62,265. Overall, the median household income for the city of Medford stands at $51,705.
In Medford, the median income for all workers aged 15 years and older, regardless of work hours, was $40,682 for males and $23,308 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,992 for males and $47,070 for females.
In Medford, population is primarily represented by White households, reporting a median income of $52,662.
In 2022, the population of Medford was 4,286, a 0.26% decrease year-by-year from 2021. Previously, in 2021, Medford's population was 4,297, a decline of 1.20% compared to a population of 4,349 in 2020.
The median age in Medford, WI is 44.4, as per 2021 ACS 5-Year Estimates. Of the total population, 16.60% were under the age of 15, 16.44% aged 15 to 29, 44.67% aged 30 to 64, 17.88% aged 65 to 84, and 4.40% were 85 years of age and older.
Racial distribution of Medford population: 95.25% are White, 0.16% are Black or African American, 0.39% are Asian, 1.30% are some other race and 2.89% are multiracial.