Medford Massachusetts Real Estate
Medford, Massachusetts, is located in Middlesex County, of , and 6 miles NW of Boston, Massachusetts. Medford has a population of 55,765.
Medford Homes
Medford properties pool is 22,067 residential properties including Medford new homes. Median age of real estate in Medford is 1939. Average Household size is 3.04 people. 4% are one bedroom homes, 30% are 2 bedroom homes, 42% are 3 bedroom homes, 16% are 4 bedroom homes, and 8% are 5+ bedroom homes.
Medford Mortgage Statistics
Medford mortgages vs. USA median statistics
| Homes |
Medford |
USA |
| Homes With No Mortgage |
31% |
30% |
| Homes With Mortgage |
69% |
70% |
| First Mortgage Only |
53% |
54% |
| First & Second Mortgage or HELOC |
16% |
16% |
Medford Area Real Estate Tax
Medford Real estate Tax: Median Real Estate Taxes (2000) were $2,616 comparing to 1999 Median Family income $ 62,409. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Medford School District: Children make up 17.9% of Medford population. Medford has 10,009 under 18 years old residents, or 0.35 kids per one worker, or 0.45 kids per one household.
Medford Real Estate & Medford Homeownership
There are 6399.43 or 29% one person households, 7282.11 or 33% two person households, and 3751.39 or 17% three person households in Medford, Massachusetts. Median residents age is 37.5, Senior citizens (65+) make up 9,666 or 17.3%% of Medford population.
There are 28,416 workers (over 16 years of age) in Medford. Of these, 74.68% drive to work. Approximately 18.05% of workers in Medford take public transportation. An estimated 4.49% walk to work.
Median Medford homeowner's housing expences are 21%
Crime in Medford (2003), crimes per 10,000 residents per year
| Type of Crime |
Medford |
USA, 2003 |
| Violent Crimes |
15.06 |
47.5 |
| Robberies |
12.01 |
14.2 |
| Aggravated Assaults |
2.69 |
29.5 |
| Property Crimes |
255.36 |
358.8 |
| Burglaries |
42.68 |
74.0 |
| Larceny-Thefts |
181.66 |
241.5 |
| Motor Vehicle Thefts |
31.02 |
43.3 |
Invest in Medford Properties
When making a decision about buying real estate in Medford Massachusetts area, you should consider following statistical data:
| Category |
Medford |
USA |
| Near Medium City |
|
- |
| Near Large City |
Boston, Massachusetts |
- |
| Medford Zip Codes |
02155 |
- |
| Medford Area Codes |
781 |
- |
| White population |
86.45% |
75.1% |
| African-American population |
6.1% |
12.3% |
| Asian |
3.87% |
3.6% |
| American Indian & Alaskan |
0.11% |
0.9% |
| Hispanic (of any race) |
2.59% |
12.5% |
| Median Family Income (1999) |
$ 62,409% |
$42,000 |
| Population Below Poverty Level |
6.13% |
12.4% |
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