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CITY · 2020 ACS

Medford Lakes

New Jersey · 4,264 residents · 1.14 sq mi
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The short version

Medford Lakes is significantly wealthier than the US average, with a median household income of $126,154. Population has held roughly steady since 2000. 55% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $321,700. Poverty is rare here, at 1.2% of residents. Households here earn about 48% more than the New Jersey median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 43.4
US median: 38.8
More educated
55% hold a bachelor's degree
US average: 33%
Less affordable
home values up 32%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
4,264
+2%since 2000
from 4,173 in 2000
1990 – 2025
Population density
3,740 / sq mi
+2%since 2000
from 3,661 / sq mi in 2000
US average: 280
Median age
43.4
+8%since 2000
from 40.3 in 2000
US average: 38.8
Population, 1990 – 2024
4K4K4K4K5K1990201020202024Medford Lakes
20244K
1990201020202024
Section 02

Income & economy

Median household income
$126,154
+8%inflation adjusted, since 2000
from $77,536 in 2000
US average: $66,278
1990 – 2024
Per capita income
$52,417
+67%since 2000
from $31,382 in 2000
US average: $35,364
Households earning $100K+
82.0%
+20.0 ptssince 2009
from 62.0% in 2009
US average: 43.9%
Poverty rate
1.2%
−1.0 ptssince 2000
from 2.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Information12.1%
US avg: 11.1%
Retail trade10.2%
US avg: 10%
Other services8.6%
US avg: 6.6%
Public administration7.7%
US avg: 4.7%
Wholesale trade3.5%
US avg: 6.7%
Transportation & warehousing3.2%
US avg: 2.5%
Finance & insurance1.5%
US avg: 5.5%
Arts, entertainment, food1.3%
US avg: 2%
Professional, scientific, technical1.2%
US avg: 4.7%
Education & health services0.3%
US avg: 0.8%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$321,700
+32%inflation adjusted, since 2000
from $161,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$2,207
+60%inflation adjusted, since 2000
from $920 in 2000
US average: $1,124
Owner-occupied
92.2%
−2.1 ptssince 2000
from 94.2% in 2000
7.8% rent
Afford Score
2.6
+22%since 2000
from 2.1 in 2000
1990 – 2024
RELATED:See current rent listings in Medford Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.5%(4,068)
Black0.4%(17)
Hispanic / Latino1%(41)
Asian0.5%(20)
Other0%
Diversity Score4.6%(194)
2020
White, non-Hispanic92.1%(3,927)
Black0.6%(26)
Hispanic / Latino2.9%(122)
Asian1%(43)
Other4.3%(184)
Diversity Score20.5%(874)
Diversity Score
20
+342%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
55.2%
+5.1 ptssince 2000
from 50.1% in 2000
US average: 32.9%
High school or higher
99.3%
+4.1 ptssince 2000
from 95.2% in 2000
US average: 88.5%
Graduate degree
25.0%
+11.1 ptssince 2000
from 14.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.9 min
+54%since 2000
from 22.6 min in 2000
US average: 26.9
Drive alone to work
84.9%
−1.3 ptssince 2009
from 86.3% in 2009
US average: 75.1%
No vehicle available
0.0%
−0.8 ptssince 2009
from 0.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.1%
+2.6 ptssince 2011
from 3.5% in 2011
US average: 5.4%
Labor force participation
69.5%
+1.2 ptssince 2011
from 68.3% in 2011
US average: 63.4%
Management & professional
53.4%
−22.5 ptssince 2009
from 76.0% in 2009
US average: 39.3%
Section 08

People & community

Male
45.5%
−3.9 ptssince 2009
from 49.5% in 2009
Female
54.5%
+3.9 ptssince 2009
from 50.5% in 2009
Foreign born
1.5%
−2.3 ptssince 2009
from 3.9% in 2009
US average: 13.5%
Uninsured
3.0%
−92.9 ptssince 2013
from 95.9% in 2013
US average: 8.8%
Drill deeper

Places similar to Medford Lakes

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Compare Medford Lakes to nearby cities

MEDFORD LAKES VS
Atco
Income$105,847−16%
Home value$275,000−15%
Population8,164+85%
SEE FULL COMPARISON →
MEDFORD LAKES VS
Marlton
Income$94,464−25%
Home value$341,100+6%
Population10,922+148%
SEE FULL COMPARISON →
MEDFORD LAKES VS
Greentree
Income$145,823+16%
Home value$438,400+36%
Population11,537+162%
SEE FULL COMPARISON →
MEDFORD LAKES VS
Springdale
Income$164,796+31%
Home value$493,900+54%
Population15,173+245%
SEE FULL COMPARISON →
Frequently asked

How many people live in Medford Lakes, New Jersey?

Medford Lakes, New Jersey has about 4,264 residents according to the 2020 American Community Survey.

What is the median household income in Medford Lakes, New Jersey?

The typical household in Medford Lakes, New Jersey earns about $126,154 a year. Half of households make more than that, and half make less.

Is Medford Lakes, New Jersey expensive?

In Medford Lakes, New Jersey, the median home is worth about $321,700, and the typical rent is about $2,207 a month.

How educated are people in Medford Lakes, New Jersey?

About 55.2% of adults age 25 and over in Medford Lakes, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Medford Lakes, New Jersey?

About 1.2% of people in Medford Lakes, New Jersey live below the federal poverty line.

Has Medford Lakes, New Jersey grown since 1990?

Yes, Medford Lakes, New Jersey has shrunk since 1990. The population has lost about 198 residents, a change of about -4 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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