2024 Compare Cities Economy:
Medford, OR vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 102% more than it is in Medford and is 40% above the National Average.
- Medford unemployment rate is 7.0%.
- Prior Lake unemployment rate is 3.8%.
 Medford, ORPrior Lake, MNUnited States
 Unemployment Rate7.0%3.8%6.0%
 Recent Job Growth1.5%1.8%1.6%
 Future Job Growth43.9%39.9%33.5%
 Sales Taxes0.0%7.4%6.2%
 Income Taxes9.0%7.1%4.6%
 Income per Cap.$29,714$56,789$37,638
 Household Income$57,424$115,837$69,021
 Family Median Income$70,328$130,528$85,028
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 Est. Households By Income
 Medford, ORPrior Lake, MNUnited States
 Income Less Than 15K9.8%2.6%9.4%
 Income between 15K and 20K4.0%0.9%3.8%
 Income between 20K and 30K10.7%3.8%8.1%
 Income between 30K and 40K8.7%2.9%8.0%
 Income between 40K and 50K9.3%5.2%7.6%
 Income between 50K and 60K9.3%6.9%7.2%
 Income between 60K and 75K10.8%9.4%9.6%
 Income between 75K and 100K14.3%11.4%12.8%
 Income between 100K and 150K14.3%21.7%16.3%
 Income between 150K and 200K4.9%12.1%7.8%
 Income greater than 200K4.0%23.2%9.5%
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 Population By Occupation
 Medford, ORPrior Lake, MNUnited States
 Management, business, finance14.0%20.6%16.4%
 Engineering, computers, science3.4%10.1%6.5%
 Community, social services3.6%0.8%1.8%
 Legal0.7%0.8%1.2%
 Education, library3.6%5.2%6.2%
 Arts, design, media, sports, entertainment2.2%2.7%2.0%
 Healthcare practitioners and technology7.0%7.5%6.2%
 Healthcare support6.7%1.7%3.3%
 Firefighters, law enforcement1.4%1.0%2.1%
 Food preparation, serving6.0%3.3%5.4%
 Building maintenance4.8%2.5%3.6%
 Personal care2.0%3.6%2.6%
 Sales, office, administrative support23.9%23.6%20.9%
 Farming, fishing, forestry1.7%0.1%0.6%
 Construction, extraction, maintenance/repair7.3%6.8%8.1%
 Production, transportation, material moving11.6%9.7%13.1%
Reviews for Medford    51 Reviews

Our family moved to Medford in early 2017 and we cannot wait to leave. Every summer since we arrived has been filled with oppressive and persistent smoke to the point  More

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My husband and I semi-retired here in 2014 after considering several around the same size in terms of population. We love the four seasons here as well as the gorgeous  More

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We have lived here for 12 years now and find it to be a great place to live. When I read a post that blames Trump for the homeless population and how, "things will be  More

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Reviews for Prior Lake    3 Reviews

Over 12 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 14 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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