Medford, NY
Population 25,681 · New York
About Medford, NY
Medford is a mid-sized city located in New York with a population of 25,681 residents according to the latest US Census Bureau American Community Survey data. The median household income is $128,631 per year, which is 71% above the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Medford features a median home value of $444,500, which is 82% above the national median of $244,900. This places Medford in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,404, 107% above the national average of $1,163/month. Of the 8,325 total housing units, 90% are owner-occupied (7,302 units) and 10% are renter-occupied (772 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Medford shows an unemployment rate of 4.0%, which is near the national rate of 3.7%. The poverty rate stands at 5.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Medford have an average one-way commute time of 33.5 minutes.
Education & Demographics
30.7% of Medford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.2% White, 1.5% Hispanic or Latino, 6.6% Black or African American, and 20.3% Asian residents, with 18.2% of the population being foreign-born.
Cost of Living in Medford, NY
Compared to national averages, Medford has a median household income of $128,631 (71% above the national median of $75,149). Home values average $444,500, which is 82% above the national median. Monthly rent at $2,404 is 107% above the US average of $1,163. Within New York, Medford's income is 33% above the state average of $96,987, and home values are 15% above the state median of $387,181.
Why Live in Medford, NY?
Medford offers a strong local economy with a median household income of $128,631, well above the national average, and a low poverty rate of 5.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $444,500. However, Medford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Medford has a population of 25,681 with a median age of 39.6 years. Compare Medford with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Medford
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rockville Centre | 25,770 | $144,516 | $796,100 | Compare |
| Peekskill | 25,484 | $91,042 | $376,800 | Compare |
| Plainview | 26,251 | $185,531 | $729,100 | Compare |
| Holbrook | 26,256 | $139,116 | $504,100 | Compare |
| Dix Hills | 25,042 | $219,636 | $891,400 | Compare |
| Elmira | 26,349 | $43,089 | $88,200 | Compare |
| Smithtown | 24,940 | $148,852 | $661,400 | Compare |
| Auburn | 26,475 | $49,377 | $143,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Medford With Other Cities
Frequently Asked Questions about Medford
What is the population of Medford, NY?
The population of Medford, NY is 25,681 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New York.
What is the median household income in Medford?
The median household income in Medford, NY is $128,631 per year, which is 71% above the national median of $75,149.
What is the median home value in Medford?
The median home value in Medford, NY is $444,500, which is 82% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Medford?
The median monthly rent in Medford, NY is $2,404, which is 107% above the national average of $1,163/month.
What is the unemployment rate in Medford?
The unemployment rate in Medford, NY is 4.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Medford, NY a good place to live?
Medford offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 25,681 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Medford, NY?
30.7% of residents in Medford aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Medford?
Key cost-of-living indicators for Medford, NY: median home value is $444,500 (82% above national), median rent is $2,404/month, and median household income is $128,631. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Medford?
The poverty rate in Medford, NY is 5.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Medford, NY?
Medford's population is 2.2% White, 1.5% Hispanic or Latino, 6.6% Black or African American, 20.3% Asian, and 7.9% two or more races. 18.2% of residents are foreign-born.