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About Our City
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The name Medford is thought to have come from "the ford by the meadow" or "Meadford" thus commemorating the importance of the fordable part of the Mystic River located just west of present-day Medford Square.
The original area of Medford was owned by Mathew Cradock, the first Governor of the Massachusetts colonies. Although Cradock never saw it, he employed men to develop his land into a plantation. After his death, the plantation passed to his heirs and then was sold en masse in 1652 to Edward Collins. The area was designated a "peculiar" which signified that it was private property and not a properly incorporated town. Collins began selling pieces of land to others after 1656. In 1684, Medford was granted the right to raise its own money by the General Court. In 1892, Medford became incorporated as a city. |
Demographics
The majority of Medford's population are Italian American families, many of whom live in the South Medford neighborhood of the city. Irish-Americans also are a strong presence in the city and live in all areas. West Medford, the most affluent of Medford's many neighborhoods, was once the bastion of some of Boston's elite families -- including the Brooks family, in-laws to the Adams family -- and is also home to an historic African-American neighborhood that dates to the the Civil War.
As of the census[3] of 2000, there were 55,765 people, 22,067 households, and 13,505 families residing in the city. The population density was 6,851.3 people per square mile (2,645.1/km²). There were 22,687 housing units at an average density of 2,787.3/sq mi (1,076.1/km²). The racial makeup of the city was 86.45% White, 6.10% African American, 0.11% Native American, 3.87% Asian, 0.03% Pacific Islander, 1.14% from other races, and 2.30% from two or more races. Hispanic or Latino of any race were 2.59% of the population.
There were 22,067 households out of which 23.6% had children under the age of 18 living with them, 45.6% were married couples living together, 11.8% had a female householder with no husband present, and 38.8% were non-families. 28.7% of all households were made up of individuals and 12.4% had someone living alone who was 65 years of age or older. The average household size was 2.43 and the average family size was 3.04.
In the city the population was spread out with 17.9% under the age of 18, 11.0% from 18 to 24, 32.6% from 25 to 44, 21.2% from 45 to 64, and 17.3% who were 65 years of age or older. The median age was 38 years. For every 100 females there were 88.2 males. For every 100 females age 18 and over, there were 85.2 males.
The median income for a household in the city was $52,476, and the median income for a family was $62,409. Males had a median income of $41,704 versus $34,948 for females. The per capita income for the city was $24,707. About 4.1% of families and 6.4% of the population were below the poverty line, including 5.7% of those under age 18 and 7.4% of those age 65 or over.
Medford has three Public Access television stations: TV3, Channel 15 (educational access) and Channel 16 (governmental or municipal access).
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Today's Rates:
| 30-yr Fixed | 6.05% | 6.25% | | 15-yr Fixed | 5.6% | 5.9% | | 1-yr Adj | 5.29% | 6.56% |
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