Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

10 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,355

Average Rent as Percentage of Gross Income

Median rent for 2018: $760

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $3,116
--Home Prepared Food $1,756
--Restaurant/Takeaway Food $1,360
Alcoholic Beverages $229
Housing $7,899
--Rent/Mortgage/Upkeep/Taxes $4,619
--Utilities $1,592
--Operations $600
--Supplies $294
--Furnishings $798
Apparel $733
--Men & Boys $164
--Women & Girls $297
--Children < 2 $3
--Footwear $155
Transportation $3,837
--New Vehicles $717
--Used Vehicles $819
--Fuel $829
--Insurance $383
--Public Transit $322
Healthcare $1,954
Entertainment $1,268
--Pets $260
--Toys $62
Personal Care Products $303
Books & Literature $43
Education $553
Tobacco Products $136
Miscellaneous $390
Retirement $742
Non-health Insurance $2,869
Total Expenditures $24,071

Selected Population Data

Period Geography Population
2014 Medford city, Minnesota 1,382
2015 Medford city, Minnesota 1,401
2016 Medford city, Minnesota 1,388
2017 Medford city, Minnesota 1,309
2018 Medford city, Minnesota 1,339