Medford Lakes, NJ Profile: Facts & Data

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Medford Lakes, New Jersey - Basic Facts

The Borough of Medford Lakes had a population of 4,243 as of July 1, 2018. 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.

Alternate Unofficial Names for Medford Lakes: Aetna Furnace, Ballinger's Mills, Etna, Etna Furnace, Etna Mills, Taunton Furnace.

Jump to... (On This Page!)
  1. Medford Lakes 2018 Demographic Data
  2. Growth Rates for Medford Lakes (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Medford Lakes, NJ Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 4,243
Population in Households 4,243
Population in Familes 3,812
Population in Group Qrtrs 0
Population Density2 3,653
Diversity Index3 11
 

INCOME

Median Household Income $109,750
Average Household Income $139,710
Per Capita Income $49,555

HOUSING

Total Housing Units 1,565 (100%)
Owner Occupied HU 1,400 (89.5%)
Renter Occupied HU 105 ( 6.7%)
Vacant Housing Units 60 ( 3.8%)
Median Home Value $341,416
Average Home Value $376,018
 

HOUSEHOLDS

Total Households 1,505
Average Household Size 2.82
Family Households 1,202
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population 0.28% 0.27%
Households 0.18% 0.2%
Families 0.16% 0.18%
Median Household Income   1.33%
Per Capita Income   2.36%

Medford Lakes, NJ - Peer Comparisons by Rank and Percentile

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, 2018 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.

Variable Description Rank Percentile
Total Population # 293 46th
Population Density # 185 66th
Diversity Index # 521 5th
Median Household Income # 126 77th
Per Capita Income # 163 70th

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