Medford, a city located in the state of Massachusetts (MA), is home to a population of approximately 61,748 people. Medford boasts a median age of 35.4, with around 20.9% of its residents aged 60 or above. 3.7% of the population identifies as US Veterans. 8.6% of Medford residents are disabled. The city has an average household income of $114,863, while the unemployment rate stands at 4.2%, and around 7.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Medford is $670,254, with a monthly rent averaging $2,305.