Medford, Massachusetts Tier 3
Tier 3 · solid schools · about 22 minutes door-to-door to downtown Boston at peak · 53% of households own their home.
$900k
4BR / 2BA house (est.)
$725k
3BR townhouse (est.)
$535k
2BR condo (est.)
$8.63
Tax per $1,000 (FY2026)
28 min
Peak drive to Boston (modeled)
🚇 14 min
Rapid transit (T) · ~14 min to downtown
53%
Homeowners (ACS 2019–23)
What it takes to live here
| Scenario (20% down) | Monthly all-in | Income needed |
|---|---|---|
| 4BR / 2BA detached house | $5,373/mo | $230k/yr |
| 3BR / 2BA townhouse | $4,362/mo | $187k/yr |
| 2BR condo | $3,265/mo | $140k/yr |
Monthly = mortgage (6.5%, 30-year, 20% down) + property tax at Medford’s actual FY2026 rate ($8.63/$1,000 = 0.86% of assessed value) + $175 insurance. “Income needed” keeps housing at 28% of gross income. Prices are market estimates, not appraisals.
Community snapshot
| ACS 2019–2023 (via MAPC DataCommon) | Share |
|---|---|
| Homeowner households | 53% |
| White (non-Hispanic) | 67% |
| Asian (non-Hispanic) | 12% |
| Latino / Hispanic | 8.9% |
| African American (non-Hispanic) | 6.3% |
These figures are neutral census facts, shown for every town equally. They are never used to filter, rank, or recommend towns — see our methodology and the federal Fair Housing Act.
