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2024 Compare Cities Economy:
Chelmsford, MA vs Medford, NJ

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Highlights
- Household income in Medford, is 16% more than it is in Chelmsford and is 52% above the National Average.
- Chelmsford unemployment rate is 5.4%.
- Medford unemployment rate is 6.4%.

Economy
 Chelmsford, MAMedford, NJUnited States
 Unemployment Rate5.4%6.4%6.0%
 Recent Job Growth4.3%0.3%1.6%
 Future Job Growth43.4%28.8%33.5%
 Sales Taxes6.3%6.6%6.2%
 Income Taxes5.1%5.5%4.6%
 Income per Cap.$53,430$64,586$37,638
 Household Income$123,630$142,920$69,021
 Family Median Income$142,403$160,956$85,028
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 Est. Households By Income
 Chelmsford, MAMedford, NJUnited States
 Income Less Than 15K4.1%3.4%9.4%
 Income between 15K and 20K2.4%1.1%3.8%
 Income between 20K and 30K3.9%2.5%8.1%
 Income between 30K and 40K3.5%3.4%8.0%
 Income between 40K and 50K3.0%3.7%7.6%
 Income between 50K and 60K4.1%3.0%7.2%
 Income between 60K and 75K6.7%6.4%9.6%
 Income between 75K and 100K13.6%10.8%12.8%
 Income between 100K and 150K20.1%19.4%16.3%
 Income between 150K and 200K16.6%15.4%7.8%
 Income greater than 200K22.2%30.7%9.5%
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 Population By Occupation
 Chelmsford, MAMedford, NJUnited States
 Management, business, finance23.4%29.8%16.4%
 Engineering, computers, science19.0%6.7%6.5%
 Community, social services1.5%1.6%1.8%
 Legal0.9%2.4%1.2%
 Education, library7.8%9.4%6.2%
 Arts, design, media, sports, entertainment2.0%1.4%2.0%
 Healthcare practitioners and technology5.9%7.9%6.2%
 Healthcare support1.1%0.8%3.3%
 Firefighters, law enforcement1.9%1.9%2.1%
 Food preparation, serving2.5%3.1%5.4%
 Building maintenance1.8%0.9%3.6%
 Personal care2.0%1.5%2.6%
 Sales, office, administrative support18.6%24.5%20.9%
 Farming, fishing, forestry0.7%0.2%0.6%
 Construction, extraction, maintenance/repair5.1%2.6%8.1%
 Production, transportation, material moving5.8%5.6%13.1%

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Reviews for Chelmsford    0 Reviews

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Reviews for Medford    4 Reviews

From the beach to the Pinelands, there's plenty of outdoor activities to do with the family.   More

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We've lived in Medford for almost 4 years now; my husband grew up here. We have 3 kids, 2 in elementary school; one in pre-k. Medford has serene, nice, quiet  More

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Over 16 years ago

Beautiful wooded area surrounded by lakes,farms and Horse farms with top notch  More

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