Everything You Should Know Before Moving to Medford Lakes, NJ
Considering a move to Medford Lakes, NJ? With a close-knit population of 4,150, this lakeside borough offers a peaceful environment and a median home price of $423,000. Residents enjoy a high quality of life with very low crime rates (only 52 violent crimes per 100k), excellent schools, and a strong median household income. Commutes average about 31 minutes, and the area boasts a beautiful woodland setting, abundant recreational lakes, and a friendly, family-focused community.
Demographics - Medford Lakes, NJ
Demographics - Medford Lakes, NJ
Medford Lakes is a small, close-knit community of about 4,150 residents, characterized by a predominantly White population and a median age of 45.6. The area has a balanced gender ratio and a modest proportion of non-English speakers, making it a welcoming place for families and professionals seeking a peaceful neighborhood.
Population:
4,150
Density:
2,800 per sq mi
Median Age:
45.6
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
6.2%
Ethnic Composition
White:
94.2%
Black:
0.8%
Asian:
1.3%
Others:
3.7%
Cost Of Living
What is the average cost of living in Medford Lakes, NJ?
The cost of living in Medford Lakes is higher than the national average, with a cost of living index of 126. A median home value of $423,000 and average rent of $1,650 reflect the area's desirable location and quality of amenities, while utilities and transportation costs are moderately above average.
Median House Value:
$423,000
Gross Rent:
$1,650
Monthly Electricity Charges:
$130
Auto Insurance:
$1,720
House Owner Cost With Mortgage:
$2,210
House Owner Cost Without Mortgage:
$730
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
126.0
Grocery:
119.0
Housing:
135.0
Utilities:
110.2
Transportation:
122.0
Health Care:
112.0
Miscellaneous:
111.0
Crime
Is Medford Lakes, NJ a safe place to live?
Medford Lakes is known for its safety, reporting just 52 violent crimes and 550 property crimes per 100,000 residents. The low crime rates provide peace of mind for families and individuals looking for a secure place to live.
Violent Crimes Per 100k:
52
Property Crimes Per 100k:
550
Crime Index:
602
Chance Of Violent Crime:
1 in 1,900
Chance Of Property Crime:
1 in 188
Weather
What is the weather like in Medford Lakes, NJ year-round?
Residents experience four distinct seasons, with warm summers reaching up to 86°F and cold winters dipping to 24°F. The area receives around 45 inches of rainfall annually and enjoys sunshine about 54% of the year, making it ideal for outdoor activities.
Winter
Min:
24°F
Max:
40°F
Spring
Min:
45°F
Max:
67°F
Summer
Min:
65°F
Max:
86°F
Fall
Min:
47°F
Max:
70°F
Average Rainfall Inches:
45.4 inches
Sunny Days Percentage:
54%
Neighbors
The community enjoys a strong median household income of $133,500 and a very low poverty rate of 2.1%. Residents are well-educated, with nearly 60% holding a bachelor’s degree or higher, and benefit from low unemployment and a friendly, engaged neighborhood atmosphere.
Median Income:
$54,000
Household Income:
$133,500
Family Income:
$148,000
Per Capita Income:
$59,800
Income Male:
$72,000
Income Female:
$55,000
Poverty Rate:
2.1%
Non English Speakers:
6.2%
Rent:
$1,650
Unemployment Rate:
3.7%
Public Transport Usage:
2.5%
Commute Time:
31.4 minutes
Education
High School or Higher:
98.6%
Bachelors or More:
59.4%
Education
How are the schools in Medford Lakes, NJ?
Families in Medford Lakes benefit from highly rated public schools with low student-teacher ratios, as well as respected private school options. Nearby colleges such as Rowan College at Burlington County and Rutgers University – Camden provide accessible higher education within a short drive.
Public Schools
Name:
Neeta School
Street:
44 Neeta Trail
Phone:
609-654-5155
Students:
560
Student Teacher Ratio:
10.5
Name:
Beach 1 School (Elementary)
Street:
101 Tecumseh Trail
Phone:
609-654-5155
Students:
210
Student Teacher Ratio:
10.6
Private Schools
Name:
St. Mary of the Lakes School
Street:
196 Route 70
Phone:
609-654-2546
Students:
285
Colleges
Name:
Rowan College at Burlington County
City:
Mount Laurel
State:
NJ
Distance:
10 miles
Students:
8,700
Name:
Rutgers University – Camden
City:
Camden
State:
NJ
Distance:
23 miles
Students:
6,500
Healthcare
Healthcare access in Medford Lakes is robust, with major hospitals like Virtua Marlton Hospital nearby and a high rate of health insurance coverage at 96.5%. There are ample physicians available, ensuring residents have convenient and quality medical care options.
Major Hospitals
Name:
Virtua Marlton Hospital
Address:
90 Brick Rd, Marlton, NJ 08053
Phone:
(856) 355-6000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Inspira Medical Center Woodbury
Address:
509 N Broad St, Woodbury, NJ 08096
Phone:
(856) 845-0100
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.7
Health Insurance Coverage:
96.5%
Health Care Index:
76.2
Housing Market
What is the housing market like in Medford Lakes, NJ?
Medford Lakes features a predominantly owner-occupied housing market, with 91.3% of homes being owner-occupied and a median home price of $423,000. The housing market is stable, with a low foreclosure rate and homes appreciating at a healthy rate of 6.3% annually.
Median Home Price:
$423,000
Average Rent For 2 Bedroom:
$1,650
Owner Occupied Rate:
91.3%
Rental Vacancy Rate:
3.2%
Home Appreciation Rate (1yr):
6.3%
New Construction Rate:
1.2%
Foreclosure Rate:
0.4%
DMV Information
Residents are served by the New Jersey Motor Vehicle Commission, conveniently located in Trenton, providing all standard licensing and registration services. The DMV offers both in-person and online resources to meet local transportation needs.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.