Medford, Oregon Income Statistics
Medford Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Medford Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Medford | Oregon Avg | US Average |
|---|---|---|---|
| Median Household Income | $70,276 | $83,617 | $80,455 |
| Median Personal Income | $52,308 | $63,212 | $60,758 |
| Average Yearly Income Growth | 6.4% | 5.7% | 4.8% |
| Six-Figure Earners | 8.8% | 14.2% | 13.9% |
| $200k+ Households | 6.2% | 12.7% | 13.2% |
The median household income in Medford is about 16% lower than in Oregon. Income has been growing faster in Medford (6.4%/yr) than in Oregon (5.7%/yr).
About 9% of adults in Medford earn six figures ($100,000 or more) a year, lower than the Oregon average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Medford, Oregon grew by 68.2% from 2009 to 2024, reaching $70,276 in 2024. That's an average of about 6.4% per year.
Income Inequality and the Gender Pay Gap in Medford
| Metric | Medford | Oregon Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.538 | 0.552 |
| Male Median Income | $58,751 | $71,900 | $69,667 |
| Female Median Income | $52,814 | $60,417 | $56,850 |
| Gender Pay Gap | 10.1% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Medford, it is 0.530, lower than Oregon's 0.538, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 11% more than women's income in Medford, Oregon. Over a 35-year career, a 11% wage gap accumulates to roughly $207,795 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Medford, Oregon has narrowed from about 21% to 10% in 2024. Over that period the gap was widest at 24% in 2019. In dollar terms, the gap has narrowed by $2,451 since 2009.
Employment
| Metric | Medford | Oregon Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 5.3% | 5.2% |
| Working from Home | 11.3% | 19.0% | 15.0% |
| Commute time (minutes) | 15 | 20 | 22 |
Approximately 1,917 people are unemployed in Medford, Oregon.
The average commute time in Medford is 15 minutes, shorter than the 20 minutes in Oregon.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Medford, Oregon has fallen from 12.1% to 5.6% in 2024. Over that period the rate peaked at 13.3% in 2012 and fell as low as 5.5% in 2022.
Conclusion
Considering all these factors, Medford, Oregon has an overall wealth index grade of D, making it somewhat worse than Oregon, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Medford, Oregon.
How Rich Is Medford, Oregon?
Medford has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $70,276, about 16% lower than the Oregon average of $83,617.
How fast is household income rising in Medford, Oregon?
Between 2009 and 2024, the median household income in Medford, Oregon rose 68%, from $41,779 to $70,276. Over the same years, income here lagged behind Oregon as a whole: +68% against +71%.
What was the median household income in Medford in 2023?
In 2023, the median household income in Medford, Oregon was $67,564, up 7% from $62,985 in 2022. The Oregon median that year was $80,917.
What was the median household income in Medford in 2020?
In 2020, the median household income in Medford, Oregon was $51,628. By 2024 it had risen 36% to $70,276.
What is the Gini coefficient in Medford, Oregon?
The Gini coefficient in Medford is 0.530. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Medford, Oregon?
Since 2009, the income gap between men and women in Medford, Oregon has narrowed from about 21% to 10% in 2024. Over that period the gap was widest at 24% in 2019. In dollar terms, the gap has narrowed by $2,451 since 2009.
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