Medford Lakes, NJ demographics:
population, income, and more

Total population
1,854
0.9% year-over-year change
Median household income
$155,710/yr
-1.8% year-over-year change
Housing units
720
1.8% year-over-year change

Medford Lakes population

How many people live in Medford Lakes

Medford Lakes is home to 1,854 residents, according to the most recent Census data. Gender-wise, 48.5% of Medford Lakes locals are male, and 51.5% are female.

Total population
1,854
0.9% year-over-year change
Gender ratio
Male
48.5%
899
Female
51.5%
954
Value Percent YoY change
Male 899 48.5% -0.7%
Female 954 51.5% 2.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Medford Lakes is 46, with the population distributed as follows: about 17.3% are children under 15, then 11.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 20.4% of the population, while another 29.6% fall into the 45 to 64 bracket. Finally, around 21.1% are 65 or older.

Median age
46.1
Age breakdown
Under 15
17.3%
15 to 24
11.6%
25 to 44
20.4%
45 to 64
29.6%
Over 65
21.1%
Value Percent YoY change
Under 15 321 17.3% 13.0%
15 to 24 215 11.6% -8.1%
25 to 44 379 20.4% 4.4%
45 to 64 549 29.6% -2.3%
Over 65 391 21.1% -0.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Medford Lakes, 94.4% of the population are US-born citizens, while 4.4% have gained naturalized citizenship. At the same time, 1.2% of residents are non-citizens. As for race, 89% of locals are Caucasian, 2.1% are African American and 3.2% have Asian roots. There’s also a share of 5.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
94.4%
Non-U.S.-born citizens
4.4%
Non-citizens
1.2%
Value Percent YoY change
U.S.-born citizens 1,750 94.4% 1.4%
Non-U.S.-born citizens 81 4.4% -2.4%
Non-citizens 23 1.2% -23.3%
Racial breakdown
White
89%
Black or African American
2.1%
American Indian and Alaska Native
0%
Asian
3.2%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.6%
Other
0.2%
Value Percent
White 1,649 89%
Black or African American 39 2.1%
Asian 59 3.2%
Two or more races 103 5.6%
Other 3 0.2%

Households in Medford Lakes

A peek inside Medford Lakes households

Medford Lakes has 695 households, with an average of 3 members in each. Of these, 75.1% are families, while the remaining 25% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
695
2.2% year-over-year change
Average people per household
3
Non-family households
174
Family households
522
Value Percent YoY change
Non-family households 174 25% 10.8%
Family households 522 75.1% -0.2%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Medford Lakes

The housing landscape of Medford Lakes

Medford Lakes's housing consists of 720 units, with 83.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 6.9% and offer a more compact, shared living style.

Housing units
720
1.8% year-over-year change
Housing types
Value Percent
1 unit, detached 599 83.2%
1 unit, attached 50 6.9%
2 units 2 0.3%
3 or 4 units 6 0.8%
5 to 9 units 26 3.6%
10 to 19 units 18 2.5%
20 to 49 units 5 0.7%
50 or more units 14 1.9%
Homes built since 2020
18
28.6% year-over-year change

The age of buildings in Medford Lakes

In Medford Lakes, the median construction year is 1978. About 6.7% of homes were built before the 1940s, with another 2.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.9% of homes were added from 2000 to 2009, 5.1% between 2010 and 2019, and 2.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 48 6.7% 17.1%
Built between 1940 and 1949 20 2.8% 5.3%
Built between 1950 and 1959 65 9% 8.3%
Built between 1960 and 1969 84 11.7% -3.5%
Built between 1970 and 1979 180 25% -1.1%
Built between 1980 and 1989 120 16.7% -2.4%
Built between 1990 and 1999 84 11.7% -3.5%
Built between 2000 and 2009 64 8.9% 10.3%
Built between 2010 and 2019 37 5.1% 0.0%
Built in 2020 or later 18 2.5% 28.6%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Medford Lakes occupancy rates

Out of the 695 occupied housing units in Medford Lakes, 88.5% are owner-occupied, while 11.5% are lived in by tenants. Meanwhile, 3.5% of all homes on the local market sit vacant.

Occupied housing units
695
2.2% year-over-year change
Occupancy breakdown
Renter occupied
80
Owner occupied
615
Value Percent YoY
change
Renter occupied 80 11.5% 6.7%
Owner occupied 615 88.5% 1.5%
Unoccupied housing units
3.5%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Medford Lakes housing costs

Housing costs in Medford Lakes come to a median of $2,538 per month, while tenants specifically pay a median gross rent of $1,629.

Median housing costs per month
$2,538/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Medford Lakes
$1,629/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Medford Lakes

Medford Lakes education at a glance

About 18.2% of the population in Medford Lakes went to high school, while 14.4% pursued college studies. Another 7.4% earned an associate degree and 36.9% hold a bachelor’s. Meanwhile, 22.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 6 0.4% 20.0%
High school diploma 262 18.2% 4.8%
College diploma 208 14.4% -1.9%
Associate degree 107 7.4% 0.0%
Bachelor's degree 533 36.9% -3.4%
Graduate degree 327 22.7% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Medford Lakes

How much people earn in Medford Lakes

The average annual household income in Medford Lakes was $190,481 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -3% change from the previous year. At the same time, the median income stood at $155,710, reflecting a -1.8% shift over the same period.

Average household income in Medford Lakes
$190,481/year
-3.0% year-over-year change
Median household income in Medford Lakes
$155,710/year
-1.8% year-over-year change

Medford Lakes income by age

In Medford Lakes, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $147,917. Those with someone between 45 and 64 in charge, often well established professionally, earn $198,750 overall. Overall, 96.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $147,917 -16.9%
45 - 64 $198,750 -3.3%
Over 65 $103,096 2.0%
Above poverty level
1,770
Below poverty level
57
Value Percent YoY
change
Above poverty level 1,770 96.9% 0.6%
Below poverty level 57 3.1% 9.6%

Average renter income in Medford Lakes

To get a better sense of what renters earn on average in Medford Lakes, their median household income was $65,650 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.8%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$65,650
Rent-to-income ratio
29.8%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Medford Lakes

Workforce and job types in Medford Lakes

92% of the working population are employed in professional or administrative positions, while 8% are in hands-on or service-based jobs. Also, 11.6% run their own businesses, 64% are employed by private companies, and 16.8% work in the public sector.

Workforce demographics

White collar
884
Blue collar
77
Value Percent YoY change
White collar 884 92% -1.3%
Blue collar 77 8% -2.5%
Employer type
Self employees
11.6%
Private companies
64%
Governmental workers
16.8%
Not for profit companies
7.6%
Value Percent YoY change
Self employees 112 11.6% 10.9%
Private companies 615 64% -2.4%
Governmental workers 161 16.8% -5.8%
Not for profit companies 73 7.6% 0.0%

Transportation in Medford Lakes

How people get around in Medford Lakes

Commuting methods vary: 95.4% of residents travel by personal vehicle and 0.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 649 95.4% -9.7%
Railroad 25 3.7% -13.8%
Bicycle 3 0.4% 200.0%
Walk 3 0.4% 50.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Medford Lakes by zipcode?

Zipcode Population Number of households Median income Average income
08055 29,109 10,918 $155,710 $190,481

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FAQs about Medford Lakes demographics 

What is the total population of Medford Lakes?

Medford Lakes has a total population of 1,854 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.9% compared to a year ago.

What is the gender ratio in Medford Lakes?

The gender ratio in Medford Lakes is as follows:
  • 48.5% males (899 residents)
  • 51.5% females (954 residents)

What is the median age in Medford Lakes?

The median age in Medford Lakes is 46.1.

What is the age distribution of the population in Medford Lakes?

The age distribution in Medford Lakes is as follows:
  • Under 15: 17.3% (321 residents)
  • Ages 15-24: 11.6% (215 residents)
  • Ages 25-44: 20.4% (379 residents)
  • Ages 45-64: 29.6% (549 residents)
  • Over 65: 21.1% (391 residents)

What is the racial and ethnic makeup of Medford Lakes?

The racial and ethnic makeup of Medford Lakes is as follows:
  • White: 89% (1,649 residents)
  • Black or African American: 2.1% (39 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 3.2% (59 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 5.6% (103 residents)
  • Other: 0.2% (3 residents)

What percentage of the population in Medford Lakes are U.S.-born citizens?

U.S.-born citizens represent 94.4% of the population in Medford Lakes.

How many housing units are there in Medford Lakes?

There are 720 housing units in Medford Lakes, reflecting a +1.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Medford Lakes and what is the average household size?

Medford Lakes has a total of 695 households, with an average of 3 people in each.

What is the median household income in Medford Lakes?

Medford Lakes has a median household income of $155,710, representing a -1.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Medford Lakes?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 92% (884 residents)
  • Blue-collar workers: 8% (77 residents)

Places of employment:
  • Self-employed: 11.6% (112 residents)
  • Private companies: 64% (615 residents)
  • Governmental workers: 16.8% (161 residents)
  • Not-for-profit companies: 7.6% (73 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025