The Borough of Medford Lakes had a population of 4,240 as of July 1, 2017. Medford Lakes ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.
The primary coordinate point for Medford Lakes is located at latitude 39.8536 and longitude -74.8117 in Burlington County. The formal boundaries for the Borough of Medford Lakes (see map below) encompass a land area of 1.16 sq. miles and a water area of 0.13 sq. miles. Burlington County is in the Eastern time zone (GMT -5). The elevation is 75 feet.
The Borough of Medford Lakes (GNIS ID: 885295) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Medford Lakes population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.
Alternate Unofficial Names for Medford Lakes: Aetna Furnace, Ballinger's Mills, Etna, Etna Furnace, Etna Mills, Taunton Furnace.
|Daytime Population: Workers||838|
|Daytime Population: Residents||1,833|
|Total Daytime Population (TDP)||2,671|
|Ratio TDP/Total Population1||0.63|
|Population in Households||4,240|
|Population in Familes||3,799|
|Population in Group Qrtrs||0|
|Median Household Income||$105,184|
|Average Household Income||$134,156|
|Per Capita Income||$47,651|
|Total Housing Units||1,568 (100%)|
|Owner Occupied HU||1,400 (89.3%)|
|Renter Occupied HU||106 ( 6.8%)|
|Vacant Housing Units||62 ( 4.0%)|
|Median Home Value||$313,247|
|Average Home Value||$369,214|
|Average Household Size||2.82|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.53%|
|Per Capita Income||2.38%|
The table below compares Medford Lakes to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 293||46th|
|Population Density||# 184||66th|
|Diversity Index||# 518||5th|
|Median Household Income||# 126||77th|
|Per Capita Income||# 153||72nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.