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+ (Non-Hispanic) (4.66%), Asian (Non-Hispanic) (3.05%), White (Hispanic) (1.57%), and Two+ (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 States New Jersey Burlington County, NJ Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Burlington 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 19.2 times more White (Non-Hispanic) residents (3.83k people) in Medford Lakes, NJ than any other race or ethnicity. There were 199 Two+ (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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Medford Lakes, NJ

White (Non-Hispanic)
3.83k ± 313
Two+ (Non-Hispanic)
199 ± 217
Asian (Non-Hispanic)
130 ± 117

2.53%

Hispanic Population

108 people

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

The following chart shows the 7 races represented in Medford Lakes, NJ as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.

Most Common Origin

India
273,669 ± 12,652 people
Dominican Republic
204,992 ± 10,992 people
Mexico
104,320 ± 7,885 people

In 2022, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,669 New Jersey residents, followed by Dominican Republic with 204,992 and Mexico with 104,320.

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 lower than 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.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
40 ± 34
Vietnam
26 ± 27
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.

Economy

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

Males in New Jersey have an average income that is 1.36 times higher than the average income of females, which is $77,965. The income inequality in New Jersey (measured using the Gini index) is 0.489, which is higher than than the national average.

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.

Unemployment Insurance Claims

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

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.

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).

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.

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.

Working Population

Educational Pyramid

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

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

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

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 2022 were High School or Equivalent (1.92M), Bachelors Degree (1.77M), and Some college (1.3M).

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.

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 approximately the same as 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.

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.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Census Tract 7039

Highest Median Household Income (Total)

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

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.

Wage Distribution

The closest comparable wage GINI for Medford Lakes, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (82%)
Worked At Home (15.3%)
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.

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.

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.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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 Burlington County, NJ see 1185 patients per year on average, which represents a 2.69% increase from the previous year (1154 patients). Compare this to dentists who see 1354 patients per year, and mental health providers who see 105 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Burlington County, NJ.

1,185 to 1

Patient to Primary Care Physician Ratio in Burlington County, NJ

Primary care physicians in Burlington County, NJ see an average of 1,185 patients per year. This represents a 2.69% increase from the previous year (1,154 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Burlington County, NJ in comparison to its neighboring geographies.

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, 45.1% were men and 54.9% were women.

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

Uninsured People

1.01%

Uninsured

71.5%

Employer Coverage

3.37%

Medicaid

14.6%

Medicare

9.54%

Non-Group

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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Nation