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
Compare with nearby places
Places of similar size in New Jersey.
- Leisure Village East CDP 4,309
- Holiday City South CDP 4,294
- Westville borough 4,285
- Bradley Beach borough 4,264
- Ho-Ho-Kus borough 4,230
- Shrewsbury borough 4,162
- Lambertville city 4,141
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