Medford vs Springfield: Housing
| Medford | Springfield | |
|---|---|---|
| Median Home Value | $755,500 | $245,000 |
| Median Gross Rent | $2,509/mo | $1,144/mo |
| Homeownership Rate | 54.1% | 49.6% |
| Rent as Share of Income | 23.2% | 26.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.