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Medway, Massachusetts

town · Norfolk County

At a glance

13,436
Population
$617,300
Median home value (all homes)
103% above U.S. median
$730,595
Typical market value
Zillow, 2026-07
$1,575/mo
Median rent
17% above U.S. median
$173,750
Median household income
121% above U.S. median
30.4 min
Average commute
94.4%
Homes with broadband
3.8%
Unemployment

Cost of living (Clay Affordability Index)

CAI 137 — 37% above the national average. how it's computed

Housing121% above
Goods & services2% above
Utilities36% above
Taxes7% below
Insurance5% above
Commute cost13% above
For business: Massachusetts is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college4 mi
Nearest community college11 mi
Nearest technical college3 mi
High school graduates96.1%
College graduates62.4%

Doing business here

Economic development contacts, most local first:

city Medway Economic Development
The planning and economic development office provides planning support, coordination and advisory services to Town officials, boards, and committees on issues involving land use planning, zoning, economic development, affordable housing, open space and land preservation, smart growth, and public transportation. Works with the Planning and Economic Development Board to develop policies, program initiatives and zoning provisions aligned with the 2022 Medway Master Plan.
state MassDevelopment
MassDevelopment provides financing, real estate, and community development solutions to grow businesses, create opportunity, and energize cities and towns across Massachusetts. It aims to revitalize communities, expand housing, and create jobs.
state Massachusetts Alliance for Economic Development
MassEcon is a private, non-profit partnership of business, industry leaders, and government dedicated to the economic growth of Massachusetts. MassEcon's mission is to promote and champion Massachusetts as the best place to start, grow and locate a business.
State sales taxYes
State income taxYes
Right-to-work stateNo

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