Cost of Living in Medford, OR
Population 86,315 · Census ACS 2020–2024 5-year estimates
The median rent in Medford, OR is $1,376/month, 10% lower than the Oregon median and 3% lower than the U.S. median. The median home value is $417,100, 25% higher than the national median. Households earn a median of $73,230 a year, 12% lower than the state median.
Affordability
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Medford vs. Oregon vs. U.S.
| Medford | Oregon | U.S. | |
|---|---|---|---|
| Median rent | $1,376 | $1,525 | $1,413 |
| Median home value | $417,100 | $477,600 | $332,700 |
| Median household income | $73,230 | $83,011 | $80,734 |
| Homeownership rate | 56.3% | 63.3% | 65.2% |
| Bachelor's degree or higher | 30.1% | 36.8% | 35.7% |
| Poverty rate | 13.2% | 11.9% | 12.5% |
| Unemployment rate | 5.3% | 5.4% | 5.2% |
| Work from home | 10.5% | 19.0% | 15.1% |
| Median age | 38.9 | 40.4 | 38.9 |
FAQ
What is the average rent in Medford, OR?
The median gross rent in Medford, OR is $1,376 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Medford, OR?
Using the common 30% rule, renting a median-priced home takes about $55,040 a year in gross income.
Is Medford, OR expensive to live in?
Rent there is 3% lower than the U.S. median, and the median home costs about 5.7 times the median household income.
Other cities in Oregon
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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