What salary do you need to live in Medford, OR?

Medford housing costs at a glance

Median gross rent, meaning contract rent plus tenant-paid utilities, runs $1,064, $1,327 and $1,721 a month for one, two and three bedrooms across Medford, OR. The largest of those is 62% more than the smallest.

Buying is the other half of the housing picture: owners put the median home in Medford, OR at $430,200. Local median household income is $73,999, so the median home is 5.8× a typical income — high enough that ownership weighs heavily in the score unless income is well above the median.

BEA's Regional Price Parity for the metro is 101.4, where 100 is the US average. In plain terms, the full basket of goods, services and housing costs 1.4% more than average, so $100,000 here buys roughly what $98,587 would at average US prices.

The salary lines for a two-bedroom in Medford

For two bedrooms, $216,000 is where Medford turns Comfortable. Below that, $107,000 marks the start of Okay and $54,000 the start of Tight; under $54,000 the score reads Stretched. Rent at the Comfortable line is 7% of gross pay.

Royal, the top band, starts at $614,000. At that income rent is 3% of pay and the median home 0.7× income.

Each figure is the lowest income, to the next $1,000, at which the calculator itself would show that grade for a two-bedroom in Medford.

Scores at $50K, $75K, $100K and $150K in Medford

Choosing a bigger place in Medford at $75,000 trims the score from 38 to 31 without leaving Tight.

Comfortable is above every row of the table here. At $150,000 a two-bedroom still grades Okay, with rent taking 11% of income.

Medford compared with every US metro

Ranked against all 387 metros, Medford sits 62nd on overall price level and 111th on the two-bedroom rent median, counting from the most expensive. Its median home value ranks 60th.

Walla Walla, WA ($1,343) and Fresno, CA ($1,326) bracket Medford on two-bedroom rent.

Medford next to Oregon and similar metros

Statewide, Oregon's median two-bedroom rent is $1,523 and its median home value $477,600. Medford's rent is −13% against that, and its home value −10%; the price parity is 101.4 versus 103.4 for the state.

The Oregon figure for the Comfortable line, using state medians, is $255,000 against $216,000 for Medford.

Within Oregon, the metros closest to Medford on rent and overall prices are Albany, OR, Eugene-Springfield, OR, and Salem, OR. Their Comfortable lines for two bedrooms sit at $205,000, $220,000, and $232,000.

Does the typical Medford income clear the bar?

A household at the Medford median income of $73,999 would see a two-bedroom score of 34 — Tight — with rent at 22% of income. Put differently, Medford's typical household is $142,001 below the $216,000 it takes to read Comfortable on two bedrooms. For Oregon as a whole, the median household income of $83,011 scores 33 against statewide rents. Household income can include more than one earner, so a single salary of the same size goes less far.

Estimates use pre-tax income and public data; they are not financial advice.