Home / Select Cities  /  2024 Comparing Richmond, RI vs. Medford, MA

2024 Compare Cities Economy:
Richmond, RI vs Medford, MA

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Highlights
- Household income in Medford, is 7% more than it is in Richmond and is 36% above the National Average.
- Richmond unemployment rate is 5.5%.
- Medford unemployment rate is 5.4%.

Economy
 Richmond, RIMedford, MAUnited States
 Unemployment Rate5.5%5.4%6.0%
 Recent Job Growth1.4%4.3%1.6%
 Future Job Growth30.2%40.3%33.5%
 Sales Taxes7.0%6.3%6.2%
 Income Taxes3.8%5.1%4.6%
 Income per Cap.$44,904$55,098$37,638
 Household Income$100,493$107,853$69,021
 Family Median Income$112,121$132,007$85,028
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 Est. Households By Income
 Richmond, RIMedford, MAUnited States
 Income Less Than 15K2.9%6.4%9.4%
 Income between 15K and 20K0.0%2.3%3.8%
 Income between 20K and 30K1.4%4.5%8.1%
 Income between 30K and 40K7.0%5.5%8.0%
 Income between 40K and 50K4.3%5.1%7.6%
 Income between 50K and 60K7.0%5.0%7.2%
 Income between 60K and 75K6.3%6.7%9.6%
 Income between 75K and 100K20.4%11.0%12.8%
 Income between 100K and 150K27.6%19.8%16.3%
 Income between 150K and 200K11.2%13.8%7.8%
 Income greater than 200K12.0%20.0%9.5%
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 Population By Occupation
 Richmond, RIMedford, MAUnited States
 Management, business, finance20.0%20.9%16.4%
 Engineering, computers, science5.8%14.4%6.5%
 Community, social services1.9%2.3%1.8%
 Legal0.0%1.3%1.2%
 Education, library6.8%7.6%6.2%
 Arts, design, media, sports, entertainment3.6%3.0%2.0%
 Healthcare practitioners and technology7.1%6.3%6.2%
 Healthcare support5.3%3.2%3.3%
 Firefighters, law enforcement3.2%2.1%2.1%
 Food preparation, serving4.9%4.8%5.4%
 Building maintenance6.3%2.7%3.6%
 Personal care1.4%2.6%2.6%
 Sales, office, administrative support18.2%18.8%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair8.5%4.0%8.1%
 Production, transportation, material moving6.6%6.1%13.1%

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Reviews for Richmond    0 Reviews

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Reviews for Medford    2 Reviews

Over 10 years ago

Medford is still an affordable place to live compared to the surrounding communities of Somerville, Cambridge, Winchester, and Arlington. It has easy access to highways  More

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Over 17 years ago

Quality housing still at affordable prices. A nice bedroom community 7 miles from downtown Boston with excellent access to Cape Cod and New  More

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ZIPS IN RICHMOND, RHODE ISLAND
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ZIPS IN MEDFORD, MASSACHUSETTS
02155

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