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Medford, NJ 08055 has a population of approximately 27,454 and experiences a population change rate of 1.42%. The population density is 687.3 / sq mi .
The median household income for Medford, NJ 08055 is $140,441, with 10,332 households and an average household size of 2.74.
The median value of a home in Medford, NJ 08055 is $458,400 with an appreciation rate of 18.10%. 85.41% of housing in the state is owned while 10.77% is rented.
The cost of living in Medford, NJ 08055 is 133.5 %.
The unemployment rate in Medford, NJ 08055 is 2.70%, and recent job growth is at 2.82%. Future job growth is projected at 49.05%.
The sales tax rate in Medford, NJ 08055 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Medford, NJ 08055 are $23,754, and the school ratio is 11.7:1.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 47.3 inches per year, with 13.4 inches of snow per year.