What percentage of people rent in Medford, OK?

29.7% (±9.3 points) of the occupied homes in Medford, OK are rented (2020–2024 American Community Survey).

That is 112 renting households against 265 that own their home.

In Medford, the share of households that rent went from 17.5% in 2015–2019 to 29.7% in 2020–2024 (+12.2 percentage points), a measurable increase.

Figures last updated on .

Households that rent
29.7% (±9.3 points)
Renting households
112 (±38)
Median renter income
$44,375 (±$19,910)

Who rents and who owns in Medford

Tenure, estimate (90% margin of error)
MedfordGrant CountyOklahomaUnited States
Renter-occupied share29.7% (±9.3 points)23.7% (±3.5 points)34.2% (±0.2 points)34.8%
Renting households112 (±38)382 (±61)534,552 (±3,633)45,017,354
Owning households265 (±60)1,230 (±83)1,027,837 (±4,261)84,210,142
Average renter household size2.8 (±1.0)2.8 (±0.4)2.3 (±0.0)2.3
Average owner household size2.5 (±0.4)2.4 (±0.2)2.6 (±0.0)2.6
Median renter household income$44,375 (±$19,910)$47,708 (±$12,306)$42,664 (±$446)$52,966
Median owner household income$51,705 (±$29,249)$62,986 (±$4,611)$81,932 (±$637)$100,009

In Medford, the renter share is not measurably different from Grant County (23.7%).

It is not measurably different from Oklahoma (34.2%).

It is not measurably different from the national figure (34.8%).

In Grant County, Medford ranks 2 of 9 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 262 of 609.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Medford has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent17.5% (±6.8 points)29.7% (±9.3 points)+12.2 percentage pointsMeasurable increase
Median gross rent$750 (±$66)$828 (±$43)+10.4%Down after inflation
Median household income$46,250 (±$14,016)$48,942 (±$22,212)+5.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Medford

Nearest places with a published estimate, compared with Medford
PlaceDistanceHouseholds that rentCompared with this place
Medford—29.7% (±9.3 points)—
Jefferson6.4 mi0.0% (±100.0 points)Not measurably different
Renfrow9.5 mi0.0% (±86.7 points)Not measurably different
Pond Creek10 mi27.7% (±9.4 points)Not measurably different
Wakita12 mi23.6% (±14.4 points)Not measurably different
Deer Creek12 mi0.0% (±75.1 points)Not measurably different
Lamont13 mi30.2% (±17.0 points)Not measurably different
Hunter17 mi16.7% (±14.0 points)Not measurably different
Caldwell18 mi22.4% (±7.9 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Grant County, place by place

RankPlaceHouseholds that rent
1Lamont30.2% (±17.0 points)
2Medford29.7% (±9.3 points)
3Pond Creek27.7% (±9.4 points)
4Wakita23.6% (±14.4 points)
5Nash18.8% (±12.5 points)
6Manchester8.2% (±9.2 points)
7 (tie)Deer Creek0.0% (±75.1 points)
7 (tie)Jefferson0.0% (±100.0 points)

Showing 8 of 9 places in Grant County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Medford

How many renters are there in Medford?

Medford has an estimated 112 (±38) renting households, 29.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Medford?

In Medford, the share of households that rent went from 17.5% in 2015–2019 to 29.7% in 2020–2024 (+12.2 percentage points), a measurable increase.

How big are renting households in Medford?

A renting household in Medford has 2.8 people on average, against 2.5 in an owned home.

How much do renters earn in Medford?

The median renting household in Medford, OK has an income of $44,375 (±$19,910) a year, against $51,705 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Medford city, Oklahoma (place:47300, in state:40).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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