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Is Medford Lakes, NJ a Good Place to Live?
Medford Lakes is a small town of 4,263 in New Jersey, with a median household income of $139,879 and a 3.4% unemployment rate. Its cost of living index is 104 (US average = 100), which is 4% above the national average.
Strengths: Medford Lakes stands out for lower-than-average crime, solid school ratings (A+), a well-educated population.
Trade-offs: Potential downsides include longer commutes. Whether Medford Lakes is right for you depends on your priorities — the full breakdown is below.
All Medford Lakes city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 103.5Medford Lakes's overall cost of living index is 103.5, where 100 represents the US national average. Living in Medford Lakes costs roughly 4% more than the average American city.
| Metric | Medford Lakes, NJ | National Avg |
|---|---|---|
| Median Home Value | $360,000 | $244,900 |
| Median Monthly Rent | $1,685 | $1,163 |
| Homeownership Rate | 93.9% | 65.9% |
| Median Household Income | $139,879 | $74,755 |
Crime & Safety
Very SafeMedford Lakes's violent crime rate is 23.3 per 100,000 residents — 94% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Medford Lakes is served primarily by Medford Township School District. The student-to-teacher ratio is 12.2:1 (better than the national average of ~16:1).
| Metric | Medford Lakes, NJ | National Avg |
|---|---|---|
| School District | Medford Township School District | — |
| Elementary Schools | 5 | — |
| Middle Schools | 2 | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | 12.2:1 | 16:1 |
| Bachelor's Degree or Higher | 58.4% | 35.4% |
| High School Diploma or Higher | 99.8% | 91.1% |
Weather & Climate
Medford Lakes sees average highs of 42.0°F in January and 86.7°F in July, with 47.9 inches of annual precipitation and 23.5 inches of snow per year.
| Metric | Medford Lakes, NJ |
|---|---|
| Average High — January | 42.0°F |
| Average High — July | 86.7°F |
| Annual Precipitation | 47.9" |
| Annual Snowfall | 23.5" |
Demographics
| Metric | Medford Lakes, NJ | National Avg |
|---|---|---|
| Population | 4,263 | — |
| Median Age | 44.8 | 38.9 |
| Unemployment Rate | 3.4% | 3.7% |
| Avg Commute Time | 33.3 min | 26 min |
| White (non-Hispanic) | 92.8% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 0.7% | 18.9% |
| Asian | 2.3% | 6.3% |
| Under 18 | 24.7% | 22.2% |
| 65 and over | 21.7% | 16.8% |
Nearby Cities
ZIP Codes in Medford Lakes
Medford Lakes, NJ is covered by 1 ZIP code: