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ZipNumbers

New Jersey · Census place 45210

Medford Lakes borough, NJ

Quick answer

Medford Lakes borough has 4,267 residents, ranking #330 of 700 places in New Jersey. Median household income is $151,190, the median home is worth $368,200 and median gross rent runs $2,136 a month.

Population
4,267Medford Lakes borough residents
Median household income
$151,190Past 12 months, inflation adjusted
Median home value
$368,200Owner-occupied units
Median gross rent
$2,136Rent plus utilities, monthly
Median age
46.1 yrsAll residents
Homeownership rate
91.5%Owner-occupied households

What the numbers mean in Medford Lakes borough

Housing cost measured against local earnings.

A household earning the Medford Lakes borough median would spend about 17% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.3% of residents and 91.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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