Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Schools
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Medford Lakes, New Jersey is a smaller city with a population of 3,961 residents. With a population density of 3,475 people per square mile, Medford Lakes is well above the nation's average density level. If we look at the most recent Census, Medford Lakes is known to have a predominantly White population. The next two most common races are Asian and Black. An important consideration when living in Medford Lakes is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 35 minutes, far surpassing the national average of 26 minutes.
Living in Medford Lakes can be a positive experience for anyone moving to the town. Having said that, in the state of New Jersey, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, cost of living, health & safety, education, employment and other key data points, finding the best places to live in Medford Lakes and in the areas around Medford Lakes is a much easier task.
Medford Lakes has a livability score of 65 out of 100 and is ranked #346 in New Jersey and #10,647 in the USA. If we dig a little deeper into each category within the livability score, we see that Medford Lakes has higher than average scores for the following: crime (A+), education (A), employment (A+) and housing (A+). Medford Lakes does not rank well for the following: amenities (F) and cost of living (F). It might be a smart idea to take a closer look at each category to find out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Medford Lakes market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Medford Lakes is real estate affordability. The median home price for Medford Lakes homes is $321,700, which is 1.7% higher than the New Jersey average. If we take a closer look at the affordability of homes in Medford Lakes, we’ll see that the home price to income ratio is 2.6, which is 39.5% lower than the New Jersey average.
| Statistic | Medford Lakes | New Jersey | National |
| Average one way commute | 35min | 31min | 26min |
| Workers who drive to work | 84.9% | 71.7% | 76.4% |
| Workers who carpool | 2.0% | 8.1% | 9.3% |
| Workers who take public transit | 2.4% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.9% | 3.0% | 2.8% |
| Working from home | 9.6% | 4.1% | 4.6% |
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