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Medford NJ Demographics: 2024 Population, Income & Housing Stats

Medford NJ demographics highlight a diverse, family-oriented community in Burlington County. The borough combines suburban amenities with a strong sense of local identity, attra...

Mara Ellison Jul 24, 2026
Medford NJ Demographics: 2024 Population, Income & Housing Stats

Medford NJ demographics highlight a diverse, family-oriented community in Burlington County. The borough combines suburban amenities with a strong sense of local identity, attracting residents seeking a quieter pace while remaining close to Philadelphia.

Understanding Medford NJ demographics helps residents, policymakers, and businesses plan services, housing, and economic opportunities. The following sections break down population trends, economic indicators, housing, and education with clear data and insights.

Category Value 2020 Census 2023 Estimate
Total Population Residential Population 23,839 24,150
Median Household Income Dollar Value $112,450 $118,200
Owner-Occupied Housing Percentage of Households 73% 72%
Population Density Per Square Mile 1,830 1,860
Total Housing Units Count 9,192 9,430

Population Growth and Age Distribution

Steady Growth Driven by Families

Medford NJ demographics show consistent, modest population growth from 2010 to 2023. Most new residents have been young and middle-aged families seeking affordable homes with good schools. This trend supports local businesses and keeps community engagement high.

Age Mix Balanced Between Working Adults and School-Age Children

The age distribution in Medford skews slightly younger than the national average, with a notable share of residents under 18. There is also a growing cohort of adults in their 30s and 40s, contributing to a dynamic workforce and active civic life. Seniors make up a smaller segment, but local services are expanding to meet their needs.

Economic Indicators and Employment

Strong Labor Market and Diverse Industries

Medford benefits from proximity to major employers in Philadelphia and local healthcare, retail, and logistics sectors. Median earnings in the borough outpace state medians, and workforce participation remains steady. Commute patterns show a mix of remote and in-person work, reducing congestion stress.

Poverty rates in Medford remain below county averages, reflecting stable middle-income households. Income inequality is moderate, and public support programs help bridge gaps for vulnerable groups. Continued investment in job training and small business development sustains economic resilience.

Housing and Educational Infrastructure

Varied Housing Stock and Ownership Pride

Housing in Medford ranges from historic homes to new developments, appealing to a wide range of buyers. Low vacancy rates indicate high demand, pushing prices up but also supporting property tax bases for schools. Renters have increasing options, though new construction must keep pace with demand.

Education Quality Attracting New Residents

Medford Township Public Schools and Lenape Regional High School District serve most children, with test scores above state medians. Athletic programs, arts, and Advanced Placement options draw families from neighboring areas. Ongoing investments in facilities and technology reinforce long-term confidence in local education.

Community Outlook and Next Steps

  • Monitor population trends to guide school capacity and infrastructure planning.
  • Support small businesses and workforce training to broaden local job options.
  • Expand diverse, affordable housing options while preserving neighborhood character.
  • Enhance transportation and walkability to connect residents with jobs and amenities.
  • Invest in continuous education and health initiatives that reflect resident feedback.

FAQ

Reader questions

How diverse is Medford in terms of race and ethnicity?

Medford is predominantly White, with growing Black, Asian, and Hispanic populations, reflecting broader national trends. The community organizes multicultural events that highlight this diversity while fostering mutual understanding.

What industries employ the most residents in Medford?

Healthcare, retail trade, education, and professional services employ the largest share of workers. Many residents also commute to Philadelphia or South Jersey for roles in finance, technology, and manufacturing.

Are new residents finding it easy to buy a home in Medford?

Demand for single-family homes remains strong, leading to competitive offers and rising prices. First-time buyers often look at smaller units or newer developments on the outskirts, while families prioritize school zones.

How does Medford support older adults and families with children?

The borough funds parks, senior centers, and youth sports, creating intergenerational spaces. Local nonprofits and the library system offer tutoring, mentorship, and wellness programs tailored to different age groups.

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