Cities / New Jersey / Medford Lakes

Medford Lakes, NJ

4,263 people

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Active Weather Alerts

Population & People

Population

4,263

Median age

44.4

Median household income

$141,188

Poverty rate

1.1%

Unemployment rate

3.4%

Bachelor's degree+

65.7%

Avg. commute

26 min

Hispanic or Latino

4.0%

Source: U.S. Census Bureau, American Community Survey.

Housing & Rent

Median home value

$402,900

Median gross rent

$2,211/mo

Homeownership rate

89.99%

HUD FMR — 2 bedroom

$2,132

HUD Fair Market Rent (New Jersey statewide average across 21 areas — not specific to Medford Lakes), 2026. Efficiency $1599, 1BR $1759, 2BR $2132, 3BR $2658, 4BR $3005. This is a different official figure from Census median gross rent above.

Energy

New Jersey commercial electricity

16.63¢/kWh

New Jersey industrial electricity

13.9¢/kWh

New Jersey residential electricity

22.63¢/kWh

Economy

Gross Domestic Product: All Industry Total

887174.6

Real Gross Domestic Product: All Industry Total

688124

All-Transactions House Price Index for New Jersey

967.6

Unemployment Rate

4.4%

Source: FRED, New Jersey-specific series.

Nearby Airports

Sources & Data: National Weather Service (weather, alerts), EPA AirNow (air quality), U.S. Census Bureau (population, housing), HUD (Fair Market Rent), U.S. Energy Information Administration (New Jersey energy prices), Federal Reserve Bank of St. Louis (New Jersey economic indicators), OurAirports (airport directory).