Medford is a city in New York state in USA with a population of 24613 residents.. The poverty rate of Medford is 9.8%, which is 30% lower than national average. The typical household in Medford earns $99673 a year, compared to the national median of $67,500. Nearly 24% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Medford, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Medford remained 6%, which is 28% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Medford, only 27% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Medford is 132, which is 32% higher than national average. Median home value in Medford is $335900 , which is 46% higher than national average. While median income in Medford remained $99673, which is 48% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.