Medford Lakes borough, New Jersey Demographics & Population 2026
As of 2026, Medford Lakes borough, New Jersey has a total population of 4,267, the 330th largest city in New Jersey, with a median household income of $151,190, which is 50% higher than the state average. The poverty rate is 1.3%.
Key Takeaways
- Household income is 50% above the state average — one of the wealthiest communities in New Jersey.
- An exceptionally low poverty rate of 1.3% — among the lowest in New Jersey.
- Housing is very affordable with a home-value-to-income ratio of just 2.4x.
Medford Lakes borough Quick Facts
How Medford Lakes borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Medford Lakes borough Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Burlington County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Burlington city | 9,904 | $78,009 | 16.2% | $221,000 |
| Palmyra borough | 7,447 | $85,014 | 8.8% | $216,600 |
| Bordentown city | 4,006 | $91,208 | 5.8% | $322,300 |
| Riverton borough | 2,771 | $126,818 | 2.8% | $354,900 |
| Beverly city | 2,489 | $92,807 | 13.4% | $190,100 |
| Pemberton borough | 1,373 | $88,333 | 11.5% | $303,200 |
| Fieldsboro borough | 701 | $88,125 | 6.8% | $333,700 |
| Wrightstown borough | 522 | $52,222 | 15.3% | $224,000 |
Cities Similar to Medford Lakes borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Shrewsbury borough | 4,162 | $144,500 | $735,900 | 65.0% | 3.6% |
| Wanamassa CDP | 4,344 | $167,712 | $526,400 | 66.6% | 6.5% |
| Barclay CDP | 4,456 | $162,241 | $438,400 | 71.3% | 6.9% |
| Great Notch CDP | 3,898 | $151,705 | $556,300 | 56.1% | 1.4% |
| Atlantic Highlands borough | 4,409 | $125,438 | $615,300 | 55.4% | 4.3% |
Population Overview
Medford Lakes borough is a small community located in New Jersey, within Burlington County. The total population is 4,267. It ranks as the 330th most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Medford Lakes borough is 46.1 years. This is 15% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Medford Lakes borough is $151,190. This is 50% higher than the state median of $101,050. Compared to the national median of $78,538, household income here is 93% higher. The poverty rate stands at 1.3%. This is 87% lower than the state poverty rate of 9.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.6%. This is 42% lower than the state rate of 6.2%. The median home value is $368,200. Housing costs are 14% lower than the state median of $427,600. With a home-value-to-income ratio of just 2.4x, Medford Lakes borough is one of the most affordable housing markets in the area. 91.5% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 63.7%.
Race & Ethnicity
Medford Lakes borough has a predominantly White (non-Hispanic) population, comprising 89.8% of all residents. Asian residents account for 3.0%. The White (non-Hispanic) population is significantly higher than the state average (89.8% vs 51.9%). The Hispanic or Latino population (2.5%) is well below the state average of 21.9%. The Asian population (3.0%) is well below the state average of 9.8%.
Education
59.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.4%. Notably, 28.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Medford Lakes borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Medford Lakes borough, New Jersey?
Medford Lakes borough, New Jersey has a population of 4,267 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Medford Lakes borough, NJ?
The median household income in Medford Lakes borough is $151,190, which is 93% higher the national median of $78,538.
What is the poverty rate in Medford Lakes borough, NJ?
The poverty rate in Medford Lakes borough is 1.3%. This means approximately 54 residents live below the federal poverty line.
What is the racial makeup of Medford Lakes borough, New Jersey?
Medford Lakes borough's population is 89.8% White, 0.0% Black, 2.5% Hispanic/Latino, and 3.0% Asian.
What is the median home value in Medford Lakes borough, NJ?
The median home value in Medford Lakes borough is $368,200. The home-value-to-income ratio is 2.4x.
How educated is Medford Lakes borough, New Jersey?
59.9% of adults (25+) in Medford Lakes borough hold a bachelor's degree or higher, and 28.0% hold a graduate or professional degree.