Medford Lakes, NJ

Census Place

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2023 Population
4,267
0.0938% 1-year growth
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2023 Median Age
46.1
2.9% 1-year increase
2023 Poverty Rate
1.27%
260% 1-year increase
2023 Median Household Income
$151,190
8.09% 1-year growth
2023 Median Property Value
$368,200
2.28% 1-year growth
2023 Employed Population
2,042
2.39% 1-year decline

About

In 2023, Medford Lakes, NJ had a population of 4.27k people with a median age of 46.1 and a median household income of $151,190. Between 2022 and 2023 the population of Medford Lakes, NJ grew from 4,263 to 4,267, a 0.0938% increase and its median household income grew from $139,879 to $151,190, a 8.09% increase.

The 5 largest ethnic groups in Medford Lakes, NJ are White (Non-Hispanic) (89.8%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (4.41%), Asian (Non-Hispanic) (3.05%), White (Hispanic) (1.57%), and Two Races Including Other (Hispanic) (0.961%).

None of the households in Medford Lakes, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Medford Lakes, NJ are U.S. citizens.

In 2023, the median property value in Medford Lakes, NJ was $368,200, and the homeownership rate was 91.5%.

Most people in Medford Lakes, NJ drove alone to work, and the average commute time was 33.1 minutes. The average car ownership in Medford Lakes, NJ was 2 cars per household.

United StatesNew JerseyBurlington County, NJPhiladelphia-Camden-Wilmington, PA-NJ-DE-MDBurlington County (West Central) PUMA, NJ

Population & Diversity

Medford Lakes, NJ is home to a population of 4.27k people, from which 100% are citizens. As of 2023, 2.46% of Medford Lakes, NJ residents were born outside of the country (105 people).

In 2023, there were 20.4 times more White (Non-Hispanic) residents (3.83k people) in Medford Lakes, NJ than any other race or ethnicity. There were 188 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 130 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Medford Lakes, NJ residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Medford Lakes, NJ was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Medford Lakes, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Medford Lakes, NJ
  1. White (Non-Hispanic)
    3.83k ± 313
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    188 ± 216
  3. Asian (Non-Hispanic)
    130 ± 117
2.53%
Hispanic Population
108 people

In 2023, there were 20.4 times more White (Non-Hispanic) residents (3.83k people) in Medford Lakes, NJ than any other race or ethnicity. There were 188 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 130 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

2.53% of the people in Medford Lakes, NJ are hispanic (108 people).

The following chart shows the 8 races represented in Medford Lakes, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

2.46%
2023 Foreign-Born Population
105 people
2.06%
2022 Foreign-Born Population
88 people

As of 2023, 2.46% of Medford Lakes, NJ residents (105 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Medford Lakes, NJ was 2.06%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Medford Lakes, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    40 ± 34
  2. Vietnam
    26 ± 27
  3. Korea
    7 ± 18

Medford Lakes, NJ has a large population of military personnel who served in Gulf War (2001-), 1.54 times greater than any other conflict.

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Economy

The economy of Medford Lakes, NJ employs 2.04k people. In 2023, the largest industries in Medford Lakes, NJ were Educational Services (424 people), Health Care & Social Assistance (368 people), and Manufacturing (196 people), and the highest paying industries were Public Administration ($148,404), Professional, Scientific, & Technical Services ($113,750), and Finance & Insurance, & Real Estate & Rental & Leasing ($106,981).

Employment

Occupations

2.04k
2023 Value
± 321
−2.39%
1 Year decline
± 22.5%

From 2022 to 2023, employment in Medford Lakes, NJ declined at a rate of −2.39%, from 2.09k employees to 2.04k employees.

The most common job groups, by number of people living in Medford Lakes, NJ, are Management Occupations (294 people), Education Instruction, & Library Occupations (256 people), and Sales & Related Occupations (231 people). This chart illustrates the share breakdown of the primary jobs held by residents of Medford Lakes, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

2.04k
2023 Value
± 321
−2.39%
1 Year decline
± 22.5%

From 2022 to 2023, employment in Medford Lakes, NJ declined at a rate of −2.39%, from 2.09k employees to 2.04k employees.

The most common employment sectors for those who live in Medford Lakes, NJ, are Educational Services (424 people), Health Care & Social Assistance (368 people), and Manufacturing (196 people). This chart shows the share breakdown of the primary industries for residents of Medford Lakes, NJ, though some of these residents may live in Medford Lakes, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$105,121
Median earning men ± $10,619
$58,409
Median earning women ± $27,413

The industries with the best median earnings for men in 2023 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($211,477), Arts, Entertainment, & Recreation, & Accommodations & Food Services ($155,598), and Public Administration ($148,558).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($93,108), Professional, Scientific, & Management, & Administrative & Waste Management Services ($62,143), and Finance & Insurance, & Real Estate & Rental & Leasing ($36,211).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.
Measure

In 2023, 1.22% of men over 25 years of age had not completed any academic degree (no schooling), while 1.18% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New Jersey.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.91M), Bachelors Degree (1.8M), and Some college (1.26M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Medford Lakes, NJ was $368,200 in 2023, which is 1.21 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $360,000 to $368,200, a 2.28% increase. The homeownership rate in Medford Lakes, NJ is 91.5%, which is higher than the national average of 65%.

People in Medford Lakes, NJ have an average commute time of 33.1 minutes, and they drove alone to work. Car ownership in Medford Lakes, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$368,200
Median Property Value 2023
±$16,071
$1,340
Median Property Taxes
±$164

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Medford Lakes, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Medford Lakes, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

91.5%
Homeownership
2023
52%
Homeowners with Mortgage
2023

In 2023, 91.5% of the housing units in Medford Lakes, NJ were occupied by their owner. This percentage declined from the previous year's rate of 93.9%.

This chart shows the percentage of owner in Medford Lakes, NJ compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Medford Lakes, NJ colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$151,190
Median Household Income
± $14,663
1.46k
Number of Households
± 243

In 2023, the median household income of the 1.46k households in Medford Lakes, NJ grew to $151,190 from the previous year's value of $139,879.

The following chart displays the households in Medford Lakes, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Medford Lakes, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (82%)
  2. Worked At Home (15.3%)
  3. Public Transit (1.76%)

In 2023, 82% of workers in Medford Lakes, NJ drove alone to work, followed by those who worked at home (15.3%) and those who used public transit to get to work (1.76%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

33.1 minutes
Average Travel Time

Using averages, employees in Medford Lakes, NJ have a longer commute time (33.1 minutes) than the normal US worker (26.6 minutes). Additionally, 4.68% of the workforce in Medford Lakes, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Medford Lakes, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Medford Lakes, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Medford Lakes, NJ have 2 cars.

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Poverty

Poverty & Diversity

1.27% of the population for whom poverty status is determined in Medford Lakes, NJ (54 out of 4.27k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 75+, followed by Females 75+ and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Medford Lakes, NJ is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

99% of the population of Medford Lakes, NJ has health coverage, with 71.5% on employee plans, 3.37% on Medicaid, 14.6% on Medicare, 9.54% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 8.3% increase from the previous year (1,181 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 343 patients per year.

By gender, of the total number of insured persons, 45.9% were men and 54.1% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 25.4% under 18 years, 14.2% between 18 and 34 years, 39.4% between 35 and 64 years, and 21% over 64 years.

By gender, of the total number of insured persons, 45.9% were men and 54.1% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.01%
Uninsured
71.5%
Employer Coverage
3.37%
Medicaid
14.6%
Medicare
9.54%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Medford Lakes, NJ declined by 41.2% from 1.71% to 1.01%.

The following chart shows how the percent of uninsured individuals in Medford Lakes, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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