Medford vs Springfield: Housing
| Medford | Springfield | |
|---|---|---|
| Median Home Value | $417,100 | $358,700 |
| Median Gross Rent | $1,376/mo | $1,258/mo |
| Homeownership Rate | 56.3% | 55.0% |
| Rent as Share of Income | 22.5% | 22.0% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.