Medford is a medium-sized township located in the state of New Jersey. With a population of 24,603 people and four associated neighborhoods, Medford is the 77th largest community in New Jersey.
Housing costs in Medford are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Medford has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 15.96% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Medford is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Medford really has some of the features that families look for when choosing a good community to raise children. Is Medford perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Medford is that it can take a long time to commute to work. In Medford, the average commute to work is 33.67 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the township, so leaving the car at home and taking transit is often a viable alternative.
Although the majority of commuting trips in the township are by private automobile, Medford is somewhat unusual for a township of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Medford area by reducing both traffic and air pollution.
If knowledge is power, Medford is a pretty powerful place. 62.83% of the adults in Medford have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Medford in 2022 was $72,531, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $290,124 for a family of four.
The people who call Medford home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Medford residents report their race to be White, followed by Asian. Important ancestries of people in Medford include Irish, Italian, English, German, and Polish.
The most common language spoken in Medford is English. Other important languages spoken here include Italian and Polish.