Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Medford Massachusetts Real Estate By Jennifer Hershey

Medford Massachusetts Real Estate

Medford, Massachusetts, is located in Middlesex County, of , and 6 miles NW of Boston, Massachusetts. Medford has a population of 55,765.

Medford Homes

Medford properties pool is 22,067 residential properties including Medford new homes. Median age of real estate in Medford is 1939. Average Household size is 3.04 people. 4% are one bedroom homes, 30% are 2 bedroom homes, 42% are 3 bedroom homes, 16% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Medford Mortgage Statistics

Medford mortgages vs. USA median statistics

Homes Medford USA
Homes With No Mortgage 31%
30%
Homes With Mortgage 69%
70%
First Mortgage Only 53%
54%
First & Second Mortgage or HELOC 16%
16%

Medford Area Real Estate Tax

Medford Real estate Tax: Median Real Estate Taxes (2000) were $2,616 comparing to 1999 Median Family income $ 62,409. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Medford School District: Children make up 17.9% of Medford population. Medford has 10,009 under 18 years old residents, or 0.35 kids per one worker, or 0.45 kids per one household.

Medford Real Estate & Medford Homeownership

There are 6399.43 or 29% one person households, 7282.11 or 33% two person households, and 3751.39 or 17% three person households in Medford, Massachusetts. Median residents age is 37.5, Senior citizens (65+) make up 9,666 or 17.3%% of Medford population.

There are 28,416 workers (over 16 years of age) in Medford. Of these, 74.68% drive to work. Approximately 18.05% of workers in Medford take public transportation. An estimated 4.49% walk to work.

Median Medford homeowner's housing expences are 21%

Crime in Medford (2003), crimes per 10,000 residents per year

Type of Crime Medford USA, 2003
Violent Crimes
15.06
47.5
Robberies
12.01
14.2
Aggravated Assaults
2.69
29.5
Property Crimes
255.36
358.8
Burglaries
42.68
74.0
Larceny-Thefts
181.66
241.5
Motor Vehicle Thefts
31.02
43.3

Invest in Medford Properties

When making a decision about buying real estate in Medford Massachusetts area, you should consider following statistical data:

Category Medford USA
Near Medium City
-
Near Large City
Boston, Massachusetts
-
Medford Zip Codes
02155
-
Medford Area Codes
781
-
White population
86.45%
75.1%
African-American population
6.1%
12.3%
Asian
3.87%
3.6%
American Indian & Alaskan
0.11%
0.9%
Hispanic (of any race)
2.59%
12.5%
Median Family Income (1999)
$ 62,409%
$42,000
Population Below Poverty Level
6.13%
12.4%

Medford Massachusetts Real Estate page will be updated soon. Bookmark this page and come back later to review:

Medford Real Estate For Sale

Medford Rental Real Estate

Medford Real Estate Agency

Medford Real Estate Investors

 




See Also:

Abington Massachusetts Real Estate
Abington Massachusetts Real Estate Abington, Massachusetts, is located in Plymouth County, 4 miles NE of Brockton, Massachusetts and 16 miles S of Boston, Massachusetts. Abington has a population of 14,605. Abington Homes Abington properties pool is residential properties including ... more...

Amesbury Massachusetts Real Estate
Amesbury Massachusetts Real Estate Amesbury, Massachusetts, is located in Essex County, 9 miles NE of Haverhill, Massachusetts and 36 miles N of Boston, Massachusetts. Amesbury has a population of 16,450. Amesbury Homes Amesbury properties pool is residential properties including ... more...

Amherst Massachusetts Real Estate
Amherst Massachusetts Real Estate Amherst, Massachusetts, is located in Hampshire County, 15 miles N of Chicopee, Massachusetts and 74 miles W of Boston, Massachusetts. Amherst has a population of 34,874. Amherst Homes Amherst properties pool is residential properties including Amherst ... more...

Andover Massachusetts Real Estate
Andover Massachusetts Real Estate Andover, Massachusetts, is located in Essex County, 3 miles S of Lawrence, Massachusetts and 21 miles N of Boston, Massachusetts. Andover has a population of 31,247. Andover Homes Andover properties pool is residential properties including Andover new ... more...


More on massachusetts...

Search More Info On:

  • Massachusetts
  • Real Estate
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  • Public Housing
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009