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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
92%
9%
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-Occupied91.5%
Renter-Occupied8.5%
Homeownership Rate91.5%
Total Housing Units1,509
Median Year Built1960
Rent Burden27.9%