Cost of Living in Medford, OR
Population: 85,794 • 2026 Data
$70,497
Median Household Income
-9% vs national
$1,321
Median Monthly Rent
-2% vs national
$387,000
Median Home Value
+14% vs national
5.4%
Unemployment Rate
Housing in Medford
The median home value in Medford, OR is $387,000. Monthly rent for a typical unit averages $1,321, while total monthly housing costs (including utilities and insurance) average $1,396.
Rent-to-income ratio: 22.5%. 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, OR is $70,497. The unemployment rate stands at 5.4%, with a labor force of 41,223 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.