2025 Compare Cities Economy:
Medford, MA vs New London, CT

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Highlights
- Household income in New London, is 53% less than it is in Medford and is 36% below the National Average.
- Medford unemployment rate is 5.4%.
- New London unemployment rate is 13.2%.
 Medford, MANew London, CTUnited States
 Unemployment Rate  Unlock13.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth40.3%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock5.0%4.6%
 Income per Cap.$55,098  Unlock$37,638
 Household Income  Unlock$50,819$69,021
 Family Median Income$132,007  Unlock$85,028
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 Est. Households By Income
 Medford, MANew London, CTUnited States
 Income Less Than 15K  Unlock15.8%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock11.6%8.1%
 Income between 30K and 40K5.5%  Unlock8.0%
 Income between 40K and 50K  Unlock10.4%7.6%
 Income between 50K and 60K5.0%  Unlock7.2%
 Income between 60K and 75K  Unlock8.2%9.6%
 Income between 75K and 100K11.0%  Unlock12.8%
 Income between 100K and 150K  Unlock13.2%16.3%
 Income between 150K and 200K13.8%  Unlock7.8%
 Income greater than 200K  Unlock3.8%9.5%
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 Population By Occupation
 Medford, MANew London, CTUnited States
 Management, business, finance20.9%  Unlock16.4%
 Engineering, computers, science  Unlock8.8%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library7.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology6.3%  Unlock6.2%
 Healthcare support  Unlock5.6%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock7.6%5.4%
 Building maintenance2.7%  Unlock3.6%
 Personal care  Unlock4.5%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  Unlock13.8%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 New London    2 Reviews

Over 17 years ago

all and out its not that bad it just depends where you  More

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A very Historic City; no place more than mile from Salt Water; beautiful public beaches; vibrant art, theatre and music scene; brand new Science and Technology Magnet  More

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