Medford, OK
Population 1,014 · Oklahoma
About Medford, OK
Medford is a small town located in Oklahoma with a population of 1,014 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,477 per year, which is 18% below the national median of $75,149. The median age of 39.9 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 $65,600, which is 73% below the national median of $244,900. This makes Medford one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $814, 30% below the national average of $1,163/month. Of the 466 total housing units, 68% are owner-occupied (259 units) and 32% are renter-occupied (120 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Medford shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.8%, above the national average of 12.4%. Workers in Medford have an average one-way commute time of 25.3 minutes.
Education & Demographics
21.9% of Medford residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.1% White, 7.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Medford, OK
Compared to national averages, Medford has a median household income of $61,477 (18% below the national median of $75,149). Home values average $65,600, which is 73% below the national median. Monthly rent at $814 is 30% below the US average of $1,163. Within Oklahoma, Medford's income is 9% above the state average of $56,382, and home values are 45% below the state median of $119,992.
Why Live in Medford, OK?
Medford offers affordable housing with a median home value of $65,600, below the US average of $244,900, and rent that’s lower than the national average at $814/month, and a strong job market with an unemployment rate of just 2.1%.
Potential considerations include median household income ($61,477) that falls below the national average. However, Medford’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Medford has a population of 1,014 with a median age of 39.9 years. Compare Medford with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Medford
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairfax | 1,018 | $39,063 | $53,500 | Compare |
| Shady Point | 1,010 | $47,212 | $97,500 | Compare |
| Bray | 1,002 | $75,313 | $153,000 | Compare |
| Burneyville | 1,030 | $71,063 | $154,200 | Compare |
| Mounds | 1,031 | $38,750 | $158,300 | Compare |
| Sperry | 1,033 | $44,028 | $104,200 | Compare |
| Tyrone | 995 | $0 | $55,800 | Compare |
| Pickett | 987 | $101,571 | $183,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
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, OK?
The population of Medford, OK is 1,014 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Oklahoma.
What is the median household income in Medford?
The median household income in Medford, OK is $61,477 per year, which is 18% below the national median of $75,149.
What is the median home value in Medford?
The median home value in Medford, OK is $65,600, which is 73% below 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, OK is $814, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Medford?
The unemployment rate in Medford, OK is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Medford, OK a good place to live?
Medford offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,014 and a median age of 39.9, the city appeals to a broad range of residents.
How educated is Medford, OK?
21.9% 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, OK: median home value is $65,600 (73% below national), median rent is $814/month, and median household income is $61,477. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Medford?
The poverty rate in Medford, OK is 18.8%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Medford, OK?
Medford's population is 6.1% White, 7.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.2% two or more races. 0.3% of residents are foreign-born.