Cost of Living in Medford, WI

Population 4,331 · Wisconsin · Data vintage 2023

59
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Medford sits on the smaller end of the Wisconsin city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.1% points to a labor market well on the tight side of the national distribution.

Located 125 miles west of Green Bay, Medford is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 8% lower than Green Bay's $192,000.

Cost Overview

Housing 57
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Medford

The median home value in Medford is $175,300 — 43% below the national median of $305,000. Median rent runs $809/month, 38% lower than the national median of $1,314/month. The median household income of $53,173/year is 29% lower than the US median of $74,580. The local unemployment rate is 2.1%, below the national average of 4.8%. Wisconsin's top state income tax rate is 7.7% and the combined sales tax is 5.4%. The climate averages highs of 53.1°F and lows of 34.2°F. Overall, Medford has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$175,300
43% below avg
Zillow Home Value
$232,714
Zillow ZHVI
Median Rent
$809/mo
38% below avg
Price-to-Rent Ratio
18.1x
Favors buying
Property Tax Rate
1.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$712
1 BR
$781
2 BR
$997
3 BR
$1,290
4 BR
$1,448
Owner-occupied 52.9%
Renter-occupied 47.1%

💰 Estimated Monthly Budget

Rent median rent
$809
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,423/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
15.1 min
44% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.0%

Commute Mode

Drove alone
71.6%
Carpooled
16.1%
Public transit
0.8%
Walked
2.5%
Work from home
8.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.7%
Total Sales Tax 5.4%
State rate 5.0%
Avg local rate 0.4%
Property Tax 1.7%

💼 Income & Employment

Median Household Income
$53,173
29% below avg
Per Capita Income
$33,665
Unemployment Rate
2.1%
57% below avg
Poverty Rate
8.1%
Labor Force Participation
60.8%

🎓 Education

Bachelor's degree+ 15.8%
Graduate degree 7.3%

👥 Demographics

Median Age 44.9
Male median age 42.7
Female median age 47

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
53.1°F
Avg Low
34.2°F
Annual Precip
24.9"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 232739546776807870564128
Low °F 71022334555585749372514
Precip" 0.730.511.252.242.983.833.043.203.032.021.210.90

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
65.5%
Good air days/yr
169
Max AQI recorded
175
PM2.5 days
190
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
15.1:1
Student-teacher ratio
5
Public schools
2,804
Total enrollment

Frequently Asked Questions

What is the cost of living in Medford, WI?

Medford has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Medford, WI?

The median gross rent in Medford is $809 per month based on 2023 Census data.

What is the average home price in Medford?

The median home value in Medford is $175,300 according to Zillow and Census data.

What is the median income in Medford?

The median household income in Medford is $53,173 per year (2023 ACS 5-year estimates).

What is the sales tax in Medford, WI?

The combined state and local sales tax rate in Medford is 5.4%. The Wisconsin state income tax top rate is 7.7%.

Is Medford, WI affordable?

Yes, Medford is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

What is the weather like in Medford?

Medford has average high temperatures of 53.1°F and average lows of 34.2°F. Annual precipitation is 24.9". Data from NOAA 1991–2020 Climate Normals.

Medford at a Glance

Population
4,331
Median Income
$53,173
Home Value
$175,300
Median Rent
$809/mo
Unemployment
2.1%
Avg High Temp
53.1°F
Sales Tax
5.4%
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