2025 Compare Cities Economy:
Medford, MA vs Montgomery, NJ

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Highlights
- Household income in Montgomery, is 83% more than it is in Medford and is 65% above the National Average.
- Medford unemployment rate is 5.4%.
- Montgomery unemployment rate is 6.3%.
 Medford, MAMontgomery, NJUnited States
 Unemployment Rate  Unlock6.3%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth40.3%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$55,098  Unlock$37,638
 Household Income  Unlock$196,857$69,021
 Family Median Income$132,007  Unlock$85,028
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 Est. Households By Income
 Medford, MAMontgomery, NJUnited States
 Income Less Than 15K  Unlock4.3%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock2.1%8.1%
 Income between 30K and 40K5.5%  Unlock8.0%
 Income between 40K and 50K  Unlock2.2%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock3.6%9.6%
 Income between 75K and 100K11.0%  Unlock12.8%
 Income between 100K and 150K  Unlock9.1%16.3%
 Income between 150K and 200K13.8%  Unlock7.8%
 Income greater than 200K  Unlock49.0%9.5%
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 Population By Occupation
 Medford, MAMontgomery, NJUnited States
 Management, business, finance20.9%  Unlock16.4%
 Engineering, computers, science  Unlock22.3%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library7.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.9%2.0%
 Healthcare practitioners and technology6.3%  Unlock6.2%
 Healthcare support  Unlock0.7%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock2.5%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support18.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.0%  Unlock8.1%
 Production, transportation, material moving  Unlock2.3%13.1%
Reviews for Medford    2 Reviews

Over 11 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 18 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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Reviews for Montgomery    1 Reviews

My kids are very happy in  More

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