Why Medford Lakes is One of the Best Places to Live in New Jersey

Photo by Mier Chen/Unsplash

Welcome to Medford Lakes, a charming suburb of Philadelphia located in Burlington County, New Jersey. With a population of 4,240, Medford Lakes offers residents a rural feel and is considered one of the best places to live in the state. This neighborhood is known for its strong sense of community and highly rated public schools. Let's explore the various aspects that make Medford Lakes such a desirable place to call home.

Population and Housing

Medford Lakes has a population of 4,240 residents, and the majority of them own their homes. The median home value in this neighborhood is $333,600, which is higher than the national average of $244,900. The median rent in Medford Lakes is $2,129, compared to the national average of $1,163. With a rent-to-own ratio of 5% to 95%, it's clear that the majority of residents choose to invest in homeownership.

Neighborhood Rankings

Medford Lakes has received recognition for its quality of life. According to Niche rankings, it is ranked #43 out of 418 for the best suburbs to buy a house in New Jersey. It also ranks #48 out of 418 for suburbs with the lowest cost of living in the state. Additionally, Medford Lakes is ranked #57 out of 641 for the best places to buy a house in New Jersey. These rankings highlight the affordability and desirability of this neighborhood.

Photo by niche.com

Crime and Safety

Violent Crimes(Calculated annually per 100,000 residents) vs National

• Assault 25.7 vs National 282.7

Property Crimes(Calculated annually per 100,000 residents) vs National

• Burglary 25.7 vs National 500.1
• Theft 360.1 vs National 2042.8
• Motor Vehicle Theft 25.7 vs National 284.0

Medford Lakes boasts a safe environment for its residents. Based on violent and property crime rates, the neighborhood has lower crime rates compared to the national average. The violent crime rates, including assault, murder, rape, and robbery, are significantly lower than the national average. In terms of property crimes, such as burglary, theft, and motor vehicle theft, Medford Lakes also fares better than the national average.

Resident Diversity

Age Distribution

• Age<10 years 0.13089622641509435
• 10-17 years 0.11886792452830189
• 18-24 years 0.0740566037735849
• 25-34 years 0.09504716981132076
• 35-44 years 0.10117924528301887
• 45-54 years 0.16273584905660377
• 55-64 years 0.1099056603773585
• 65+ years 0.20731132075471698

Education Levels vs National

• Master's degree or higher 0.250087199162888 vs National 0.130820341502415
• Bachelor's degree 0.2985699337286362 vs National 0.20587987553332618
• Some college or associate's degree 0.2964771538193233 vs National 0.2871688902051139
• High school diploma or equivalent 0.14963376351587024 vs National 0.2648712959947021
• Less than high school diploma 0.005231949773282177 vs National 0.1112595967644428

Medford Lakes is a diverse community with residents of various age groups. The age distribution in the neighborhood is as follows: 13% are under 10 years old, 12% are between 10-17 years old, 7% are between 18-24 years old, 10% are between 25-34 years old, 10% are between 35-44 years old, 16% are between 45-54 years old, 11% are between 55-64 years old, and 21% are 65 years old or older. This diverse age range contributes to a vibrant and inclusive community.

Education and Schools

Education is highly valued in Medford Lakes, as evidenced by the neighborhood's highly rated public schools. Some of the top public schools serving Medford Lakes include Shawnee High School, Neeta School, Burlington County Institute of Technology - Medford Campus, Nokomis Elementary School, and DCF Regional Schools - Cherry Hill Campus. In addition to public schools, there are also several top private schools near Medford Lakes, such as TKCS, Harbor Baptist Academy, St. Joan of Arc Elementary School, Our Lady of Mt. Carmel School, and St. Mary of the Lakes School. These educational options ensure that residents have access to quality education for their children.

Similar Places like Medford Lakes

If you're considering Medford Lakes as a potential neighborhood to live in, you may also be interested in exploring similar places nearby. Some of these similar places include Medford Township, Upper Freehold Township, Richwood, Wenonah, Riverton, Turnersville, Allentown, and Harrison Township. These neighboring areas offer similar amenities and a comparable quality of life.

Medford Lakes Resident Reviews

Current residents of Medford Lakes have expressed their love for the neighborhood and its strong sense of community. One resident, who has lived in Medford Lakes for over 5 years, appreciates the various ways to connect and be involved with the community, such as local sports for kids and adults, year-round events, and local businesses. This resident wouldn't change anything about Medford Lakes and describes it as a community that's easy to fall in love with.

Medford Lakes is a highly desirable neighborhood in Burlington County, New Jersey. With its rural feel, highly rated public schools, and strong sense of community, it's no wonder why many families choose to call Medford Lakes home. The neighborhood's affordable housing options, low crime rates, and diverse population further contribute to its appeal. If you're looking for a welcoming and vibrant community to live in, Medford Lakes should definitely be on your radar.

Disclaimer: The data and information cited in this article are sourced from Niche.com and are provided for informational purposes only. This content was assisted by AI and may contain errors. Please verify critical information with trusted sources. Learn more.