What percentage of people rent in Medford Lakes Borough, NJ?

Name: Renters and owners in Medford Lakes Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

10.0% (±4.8 points) of the occupied homes in Medford Lakes Borough, NJ are rented (2020–2024 American Community Survey).

That is 149 renting households against 1,340 that own their home.

In Medford Lakes Borough, the share of households that rent went from 5.0% in 2015–2019 to 10.0% in 2020–2024 (+5.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 10.0% (±4.8 points)
Renting households: 149 (±72)
Median renter income: $61,648 (±$26,046)

Who rents and who owns in Medford Lakes Borough

Tenure, estimate (90% margin of error)
	Medford Lakes Borough	Burlington County	New Jersey	United States
Renter-occupied share	10.0% (±4.8 points)	23.9% (±0.8 points)	36.2% (±0.2 points)	34.8%
Renting households	149 (±72)	42,298 (±1,437)	1,268,573 (±8,082)	45,017,354
Owning households	1,340 (±102)	134,924 (±1,361)	2,239,128 (±10,678)	84,210,142
Average renter household size	2.3 (±0.7)	2.2 (±0.1)	2.4 (±0.0)	2.3
Average owner household size	3.0 (±0.2)	2.7 (±0.0)	2.8 (±0.0)	2.6
Median renter household income	$61,648 (±$26,046)	$65,698 (±$3,821)	$62,674 (±$718)	$52,966
Median owner household income	$155,833 (±$17,468)	$124,194 (±$2,574)	$133,477 (±$624)	$100,009

In Medford Lakes Borough, the renter share is lower than in Burlington County (23.9%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Burlington County, Medford Lakes Borough ranks 33 of 40 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 456 of 564.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Medford Lakes Borough has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	5.0% (±3.3 points)	10.0% (±4.8 points)	+5.0 percentage points	Not a measurable change
Median gross rent	$1,858 (±$261)	$2,211 (±$610)	+19.0%	No measurable change after inflation
Median household income	$110,792 (±$7,663)	$141,188 (±$19,825)	+27.4%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Medford Lakes Borough

Nearest places with a published estimate, compared with Medford Lakes Borough
Place	Distance	Households that rent	Compared with this place
Medford Lakes Borough	—	10.0% (±4.8 points)	—
Medford Township	1.0 mi	11.8% (±2.4 points)	Not measurably different
Evesham Township	4.7 mi	27.8% (±2.5 points)	Higher
Leisuretowne	6.1 mi	3.4% (±2.5 points)	Lower
Atco	6.4 mi	19.4% (±5.6 points)	Higher
Southampton Township	6.6 mi	3.4% (±1.6 points)	Lower
Berlin Township	6.8 mi	32.9% (±9.9 points)	Higher
Shamong Township	6.9 mi	6.7% (±4.1 points)	Not measurably different
Marlton	7.1 mi	44.3% (±4.9 points)	Higher

Nearby places with a measurably lower figure: Leisuretowne, NJ (3.4%), Southampton Township, NJ (3.4%).

Nearby places with a measurably higher figure: Evesham Township, NJ (27.8%), Atco, NJ (19.4%), Berlin Township, NJ (32.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Burlington County, place by place

Rank	Place	Households that rent
27	Willingboro Township	15.7% (±2.5 points)
28	Cinnaminson Township	15.4% (±2.9 points)
29	Bass River Township	14.0% (±6.7 points)
30	Woodland Township	13.2% (±8.5 points)
31	Medford Township	11.8% (±2.4 points)
32	Hainesport Township	10.7% (±5.8 points)
33	Medford Lakes Borough	10.0% (±4.8 points)
34	Westampton Township	9.8% (±4.9 points)
35	Springfield Township (Burlington County)	7.1% (±3.7 points)
36	Shamong Township	6.7% (±4.1 points)
37	Mansfield Township (Burlington County)	4.2% (±2.6 points)
38	Chesterfield Township	3.8% (±2.8 points)
39	Tabernacle Township	3.5% (±2.7 points)

Showing 13 of 40 places in Burlington County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Medford Lakes Borough

How many renters are there in Medford Lakes Borough?

Medford Lakes Borough has an estimated 149 (±72) renting households, 10.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Medford Lakes Borough?

In Medford Lakes Borough, the share of households that rent went from 5.0% in 2015–2019 to 10.0% in 2020–2024 (+5.0 percentage points), not a measurable change.

How big are renting households in Medford Lakes Borough?

A renting household in Medford Lakes Borough has 2.3 people on average, against 3.0 in an owned home.

How much do renters earn in Medford Lakes Borough?

The median renting household in Medford Lakes Borough, NJ has an income of $61,648 (±$26,046) a year, against $155,833 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Medford Lakes borough, Burlington County, New Jersey (county subdivision:45210, in state:34 county:005).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.