Medford is a city in Oregon with a population of 82,400. Located in the heart of the Rogue Valley, this community provides easy access to many amenities and outdoor activities. Rent for a two bedroom apartment is $1,220 per month, slightly lower than the average U.S. rent for the same size space at $1,430. Grocery cost index in Medford is also comparable to the national average at 100.
Medford is home to many businesses and organizations including Rogue Valley Medical Center, Pacific Power and Light, Lithia Motors and Harry & David. Residents can enjoy hiking trails at Bear Creek Park or find shopping malls such as Rogue Valley Mall or downtown's Central Avenue District. Other popular attractions nearby include Crater Lake National Park and Britt Festivals outdoor summer event series at Historic Jacksonville. With so much to do in Medford it's easy to stay entertained and find things that fit your lifestyle!
Medford (zip 97501) has an unemployment rate of 7.0%. The US average is 6.0%.
Medford (zip 97501) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 43.9%, which is higher than the US average of 33.5%.
Tax Rates for Medford (zip 97501)
- The Sales Tax Rate for Medford (zip 97501) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Medford (zip 97501) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Medford (zip 97501)
- The average income of a Medford (zip 97501) resident is $25,470 a year. The US average is $37,638 a year.
- The Median household income of a Medford (zip 97501) resident is $52,798 a year. The US average is $69,021 a year.