Cost of Living in Medford, NY
Population: 25,681 • 2026 Data
$128,631
Median Household Income
+66% vs national
$2,404
Median Monthly Rent
+78% vs national
$444,500
Median Home Value
+31% vs national
4.0%
Unemployment Rate
Housing in Medford
The median home value in Medford, NY is $444,500. Monthly rent for a typical unit averages $2,404, while total monthly housing costs (including utilities and insurance) average $2,539.
Rent-to-income ratio: 22.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Medford, NY is $128,631. The unemployment rate stands at 4.0%, with a labor force of 13,395 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.