Medford, KS Economy


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Medford, KS is a great place to live with many local companies providing job opportunities and plenty of amenities. The grocery cost index is 92 versus 100 in the US, meaning that items are more affordable relative to other areas. Moreover, rent in Medford is quite low compared to the US average of $1,430 for 2 Bedrooms – only $760! With its pleasant lifestyle, proximity to amenities and low rental costs, Medford is an attractive destination for those looking for a comfortable place to call home. Popular local companies include Precision CNC Machining, U.S. Verification Services Inc., and Kansas Diesel Repair.

Medford has an unemployment rate of 3.8%. The US average is 6.0%.

Medford has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Medford
- The Sales Tax Rate for Medford is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Medford is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Medford
- The average income of a Medford resident is $13,682 a year. The US average is $28,555 a year.
- The Median household income of a Medford resident is $75,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedford, KansasUnited States
  3.86
  -2.9%-6.2%
  20.4%33.5%
  8.0%6.2%
  5.7%4.6%
  $30,233$37,638
  $75,938$69,021
  $75,938$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  31.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  42.2%9.3%
  0.0%14.0%
  0.0%2.1%
  3.1%7.0%
  18.8%4.8%
  0.0%4.7%
Health
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