Population 5,563 · Census ACS 2020–24
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Population and households in Medford Lakes
Household size in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.83 | 2.64 | 2.77 | 2.68 |
| 2010–14 | 2.78 | 2.68 | 2.82 | 2.73 |
| 2015–19 | 2.83 | 2.65 | 2.78 | 2.71 |
| 2020–24 | 2.94 | 2.57 | 2.76 | 2.65 |
| Change | +0.11 | −0.07 | −0.01 | −0.03 |
Households in Medford Lakes are large by national standards, averaging 2.94 people against 2.65 for the U.S. That usually means more families with children at home. Since 2006–10, household size has climbed from 2.83, even as the national average fell.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.1 | 38.5 | 39.1 | 37.7 |
| 2010–14 | 44.6 | 39.3 | 40.0 | 38.6 |
| 2015–19 | 42.9 | 40.3 | 41.0 | 39.6 |
| 2020–24 | 43.8 | 40.4 | 40.9 | 40.1 |
| Change | +4.8 | +1.9 | +1.8 | +2.3 |
Medford Lakes skews older than the country: its median age is 43.8, against 40.1 nationally. The median age has climbed from 39.1 in 2006–10, in line with the national trend. The youngest areas are in the northwest, the oldest in the northeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.4% | 12.2% | 11.6% | 12.3% |
| 2010–14 | 3.8% | 11.8% | 11.8% | 12.3% |
| 2015–19 | 8.3% | 11.7% | 10.8% | 11.6% |
| 2020–24 | 5.4% | 12.1% | 11.3% | 11.6% |
| Change | −4.0 pts | −0.1 pts | −0.4 pts | −0.6 pts |
Single parents head only 5.4% of households in Medford Lakes, well below the national share of 11.6%. The single-parent share is down 4.0 points from 2006–10, a much bigger shift than nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Medford Lakes
Renters in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.4% | 30.2% | 33.1% | 33.3% |
| 2010–14 | 8.0% | 32.1% | 35.0% | 35.6% |
| 2015–19 | 4.5% | 32.7% | 36.1% | 36.0% |
| 2020–24 | 8.2% | 33.2% | 36.2% | 34.8% |
| Change | +0.8 pts | +3.0 pts | +3.1 pts | +1.5 pts |
Only 8.2% of households in Medford Lakes rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over a quarter of owners (26.6%) have paid off their mortgages, well below the national share of 39.8%. The renter share is up 0.8 points from 2006–10, in line with the national trend. Only 34 of the 415 New Jersey cities with 5,000+ people have a lower share of renters.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.8% | 9.1% | 9.1% | 11.4% |
| 2010–14 | 4.2% | 9.2% | 9.3% | 11.4% |
| 2015–19 | 4.3% | 9.0% | 9.3% | 11.1% |
| 2020–24 | 4.1% | 6.9% | 6.6% | 9.6% |
| Change | −0.6 pts | −2.2 pts | −2.5 pts | −1.8 pts |
Empty homes are scarce in Medford Lakes: just 4.1% sit vacant, compared with 9.6% nationally, a sign of a tight housing market. Since 2006–10, vacancy has edged down 0.6 points, in line with the national trend.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 1966 | 1964 | 1965 | 1974 |
| 2010–14 | 1964 | 1965 | 1966 | 1975 |
| 2015–19 | 1965 | 1965 | 1967 | 1977 |
| 2020–24 | 1964 | 1968 | 1969 | 1980 |
| Change | −2 | +4 | +5 | +6 |
The housing in Medford Lakes is old by national standards: the median home dates to 1964, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Compared with other New Jersey cities, Medford Lakes has older homes than most.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,884 | $1,049 | $1,246 | $965 |
| 2010–14 | $1,871 | $1,147 | $1,324 | $1,040 |
| 2015–19 | $1,727 | $1,281 | $1,522 | $1,213 |
| 2020–24 | $2,136 | $1,631 | $1,896 | $1,571 |
| Change | +$252 | +$582 | +$651 | +$606 |
Rent in Medford Lakes runs $2,136 a month at the median, utilities included, well above the U.S. median of $1,571. Rents are up $252 a month from 2006–10, a 13% rise, a slower climb than the nation's. Rent takes 29.9% of the typical renter's income, just under the 30% mark often used to define affordable rent. The priciest rents are in the northeast; the most affordable are in the southeast.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Medford Lakes
Bachelor's degrees in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 58.8% | 32.7% | 34.7% | 28.4% |
| 2010–14 | 56.6% | 34.4% | 36.4% | 29.6% |
| 2015–19 | 58.3% | 37.9% | 39.6% | 32.1% |
| 2020–24 | 65.4% | 42.3% | 43.4% | 35.6% |
| Change | +6.6 pts | +9.6 pts | +8.6 pts | +7.2 pts |
College graduates are unusually common in Medford Lakes: 65.4% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby. Since 2006–10, the share with a degree has risen 6.6 points, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 97.4% | 87.5% | 87.0% | 84.9% |
| 2010–14 | 98.1% | 88.9% | 88.1% | 86.1% |
| 2015–19 | 98.8% | 90.5% | 89.5% | 87.7% |
| 2020–24 | 98.7% | 91.9% | 90.2% | 89.3% |
| Change | +1.3 pts | +4.4 pts | +3.2 pts | +4.3 pts |
Finishing high school is nearly universal in Medford Lakes: 98.7% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has edged up 1.3 points since 2006–10, a smaller shift than nationally. Of the 415 New Jersey cities with 5,000+ people, only 13 have a higher share of high school graduates.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Medford Lakes
| Period | Medford Lakes | Philadelphia area | New Jersey | U.S. |
|---|---|---|---|---|
| 2006–10 | 3.8% | 8.4% | 7.9% | 8.1% |
| 2010–14 | 3.3% | 10.2% | 9.8% | 9.4% |
| 2015–19 | 5.8% | 6.3% | 5.6% | 5.6% |
| 2020–24 | 3.1% | 6.1% | 6.4% | 5.4% |
| Change | −0.8 pts | −2.3 pts | −1.5 pts | −2.7 pts |
The job market in Medford Lakes has been strong: just 3.1% of the labor force was out of work and looking, well below the national rate of 5.4%. Only 28 of the 415 New Jersey cities with 5,000+ people have lower unemployment. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Medford Lakes compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Medford Lakes | 2.94 | 43.8 | 5.4% | 8.2% | 4.1% | 1964 | $2,136 | 65.4% | 98.7% | 3.1% |
| Medford | 2.72 | 46.7 | 6.2% | 12.1% | 5.0% | 1981 | $2,030 | 63.0% | 98.4% | 4.3% |
| Vincentown | 2.66 | 47.1 | 5.9% | 5.0% | 5.1% | 1978 | $2,167 | 42.0% | 94.9% | 3.2% |
| Marlton | 2.51 | 43.0 | 5.6% | 28.2% | 3.6% | 1985 | $1,986 | 53.3% | 97.8% | 4.3% |
| Indian Mills | 2.52 | 53.3 | 3.2% | 5.5% | 3.8% | 1978 | $2,228 | 22.9% | 89.7% | 4.0% |
| Crowfoot | 2.99 | 34.9 | 7.8% | 0.0% | 3.2% | 1978 | $1,119 | 43.9% | 96.8% | 1.8% |
| Tabernacle | 2.74 | 49.3 | 8.8% | 12.3% | 3.0% | 1982 | $2,014 | 44.8% | 91.4% | 0.3% |
| Leisuretowne | 1.90 | 66.8 | 2.5% | 3.4% | 6.7% | 1977 | $1,689 | 22.9% | 91.7% | 14.8% |
| Voorhees | 2.80 | 48.3 | 6.8% | 12.6% | 4.9% | 1985 | $1,995 | 62.2% | 97.0% | 5.3% |
| Atco | 2.67 | 46.2 | 9.5% | 21.1% | 4.3% | 1976 | $1,408 | 31.9% | 92.3% | 5.5% |
| West Berlin | 2.38 | 50.1 | 7.8% | 32.2% | 5.2% | 1974 | $1,381 | 27.9% | 93.9% | 3.2% |
All figures 2020–24.
Cities with similar populations: Millen, GA · Morganton, GA · Moraine, OH · Montague, MI · Monson, MA · Monroeville, NJ · Monkton, MD · Molino, FL · Mojave, CA · Moapa Valley, NV
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Medford Lakes. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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