Medford Lakes, NJ
Full City Profile · New Jersey · Burlington County County
4.0
/5.0
A
Great
4,267
Population
3,743/sq mi density
$151,190
Median Income
$61,788 per capita
$368,200
Home Value
$524,006 Zillow
$2,136
Median Rent
27.9% income on rent
54°F
Avg Temperature
290 sunny days/yr
76
Violent Crime/100K
408 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$151,190 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$368,200 home value, $2,136/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
A+
Education
5.0 / 5.0
59.9% bachelor's degree or higher
Housing Overview
Median Home Value
$368,200
31% above
US avg: $281,900
Median Rent
$2,136/mo
84% above
US avg: $1,163/mo
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
1,509
Median year built: 1960
Home Value by Source
Census Median
$368,200
Zillow (ZHVI)
$524,006
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
91.5%
Owner-Occupied
8.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,136/mo
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
91.5%
Complete Housing Data
Home Values
| Census Median Value | $368,200 |
| Zillow Home Value (ZHVI) | $524,006 |
Rent
| Census Median Rent | $2,136 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
Ownership & Stock
| Owner-Occupied | 91.5% |
| Renter-Occupied | 8.5% |
| Homeownership Rate | 91.5% |
| Total Housing Units | 1,509 |
| Median Year Built | 1960 |
| Rent Burden | 27.9% |
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