HomeMassachusettsMiddlesex CountyMedford
Medford, Massachusetts: commercial real estate data.
Medford is a Census city of 59,354 people across 8.10 square miles of land, in Middlesex County. Median household income is $129,540, 54.1 percent of occupied homes are owned, and the SBA record carries 67 7(a) approvals to borrowers here worth $21.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Medford
What Medford is
- Census place typecity
- Land area8.1 sq mi
- Water area0.56 sq mi
- Population per square mile of land7,327
- County holding the largest share of its areaMiddlesex County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medford
How many people live in Medford
- Population59,354
- Median age35.9
- Population under 187,531
- Share under 1812.7 percent
- Population 65 and over9,028
- Share 65 and over15.2 percent
- Households24,339
- Family households13,461
- Share of households that are families55.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medford
Income and work in Medford
- Median household income$129,540
- Per capita income$66,184
- Civilian labor force38,052
- Employed36,419
- Unemployed1,633 plus or minus 402
- Unemployment rate4.3 percent plus or minus 1.0
- Adults 25 and over44,278
- Adults 25 and over with a high school diploma or higher93.6 percent
- Adults 25 and over with a bachelor degree or higher59.8 percent
- Adults 25 and over with a graduate degree27.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medford
Housing in Medford
- Housing units25,587
- Occupied units24,339
- Vacant units1,248 plus or minus 333
- Vacancy rate4.9 percent plus or minus 1.3
- Owner occupied13,159
- Renter occupied11,180
- Ownership rate54.1 percent
- Median owner-occupied home value$755,500
- Median gross rent, monthly$2,509
- Annual rent as a share of median income23.2 percent
- Single family units10,360
- Share single family40.5 percent
- Units in buildings of two or more15,149
- Share in buildings of two or more59.2 percent
- Mobile homes78 plus or minus 70
- Median year structure built1942
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medford
How Medford gets to work
- Workers 16 and over who commute25,742
- Commuting under 15 minutes3,439
- Share commuting under 15 minutes13.4 percent
- Commuting 30 minutes or more12,959
- Share commuting 30 minutes or more50.3 percent
- Drove alone48.4 percent
- Carpooled6.0 percent plus or minus 1.5
- Public transport11.9 percent
- Walked3.8 percent
- Worked from home26.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Medford
SBA loans in Medford (7(a))
- Approvals67
- Gross approval$21,083,100
- Average approval$314,673
- Median approval$150,000
- Ninetieth percentile approval$500,000
- Largest approval$5,000,000
- Jobs supported630
- Jobs per approval9.4
- Loans with a final outcome12
- Paid in full12
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more1.5 percent
- Share to franchises9.0 percent
- Distinct lenders19
- Distinct industries by NAICS43
Counted by borrower city: approvals to borrowers whose address is in Medford, in any county, FY2020 to FY2026. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Medford
SBA loans in Medford (504)
- Approvals11
- Gross approval$6,944,000
- Average approval$631,273
- Median approval$307,000
- Largest approval$2,698,000
- Jobs supported157
- Loans with a final outcome5
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Medford, in any county, FY2010 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Medford
Flood risk in Medford
- NFIP communityCity of Medford
- NFIP community number250205
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/08/25
The City of Medford participates in the National Flood Insurance Program as community 250205 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Middlesex County, not Medford
Middlesex County context, not Medford figures
- Establishments in Middlesex County44,624
- Covered employment, Middlesex County926,104
- Average annual pay, Middlesex County$113,704
- Housing units permitted, Middlesex County3,495
Every figure in this section is published for Middlesex County as a whole and is not a measurement of Medford.
All Middlesex County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Medford questions, answered from the record.
How many people live in Medford, Massachusetts?
59,354, in 24,339 households. Medford city covers 8.10 square miles of land, which is 7,327 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Medford in?
Middlesex County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Medford?
$129,540. The median owner-occupied home is valued at $755,500. Median gross rent is $2,509 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Medford businesses?
67 7(a) approvals totaling $21.1 m since FY2020, across 19 lenders, median approval $150,000, plus 11 504 approvals worth $6.9 m since FY2010. These count approvals to borrowers whose address is in Medford, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Medford borrowers get paid back?
No rate is published for Medford. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Medford in the National Flood Insurance Program?
Yes. Medford appears in the FEMA Community Status Book as Medford, city of, community 250205, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Medford figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Middlesex County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Medford.
Is zoning published for Medford?
No. Nothing on this page presents parcel level zoning.
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