Florence vs Medford Lakes

A side-by-side comparison of Florence and Medford Lakes: population, income, housing, and more.

Florence and Medford Lakes are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Florence has the higher population (5,027 vs 4,267 in Medford Lakes). Medford Lakes has the higher median household income ($151,190 vs $99,020 in Florence). Medford Lakes has the higher median home value ($368,200 vs $270,100 in Florence).

Population, income & housing

	Florence	Medford Lakes
Population	5,027	4,267
Median age	38.7 yrs	46.1 yrs
Median household income	$99,020	$151,190
Median home value	$270,100	$368,200
Median gross rent	$1,247	$2,136
Housing units	1,838	1,516
Homeownership rate	65.3%	91.5%
Bachelor's degree or higher	20.4%	59.9%
Unemployment rate	6.6%	3.6%

Trends (ACS 5-year, 2019–2023)

	Florence	Medford Lakes
Population	4,455 → 5,027 (+12.8%)	3,984 → 4,267 (+7.1%)
Median household income	$55,960 → $99,020 (+76.9%)	$110,792 → $151,190 (+36.5%)
Median home value	$181,900 → $270,100 (+48.5%)	$297,700 → $368,200 (+23.7%)
Median gross rent	$1,044 → $1,247 (+19.4%)	$1,858 → $2,136 (+15.0%)

Florence

Population

4,4555,027

Median household income

$55,960$99,020

Median home value

$181,900$270,100

Median gross rent

$1,044$1,247

Medford Lakes

Population

3,9844,267

Median household income

$110,792$151,190

Median home value

$297,700$368,200

Median gross rent

$1,858$2,136

Age & race/ethnicity

Age distribution (share)

	Florence	Medford Lakes
Under 5	6.3%	5.3%
5 to 17	20.3%	18.8%
18 to 24	8.3%	4.8%
25 to 34	9.7%	10.7%
35 to 44	17.7%	9.2%
45 to 54	13.7%	13.3%
55 to 64	10.8%	16.9%
65 to 74	9.2%	11.3%
75 and over	4.1%	9.7%

Race & ethnicity (share)

	Florence	Medford Lakes
White (non-Hispanic)	66.2%	89.8%
Black or African American	6.3%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	6.3%	3.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.6%	0.0%
Two or more races	6.8%	4.7%
Hispanic or Latino	13.7%	2.5%

Educational attainment (age 25+)

Share of adults 25+

	Florence	Medford Lakes
No high school diploma	14.4%	0.6%
High school graduate	30.3%	13.1%
Some college or associate's	34.9%	26.5%
Bachelor's degree	15.7%	31.9%
Graduate or professional degree	4.8%	28.0%

Commute to work

How workers get to work (share)

	Florence	Medford Lakes
Drove alone	78.6%	82.0%
Carpooled	10.4%	0.5%
Public transit	0.0%	1.8%
Walked	2.9%	0.0%
Bicycle	0.5%	0.0%
Worked from home	5.8%	15.3%
Other means	1.7%	0.4%

Housing

Units in structure (share)

	Florence	Medford Lakes
1-unit, detached	56.5%	100.0%
1-unit, attached	13.4%	0.0%
2 to 4 units	13.9%	0.0%
5 to 19 units	13.2%	0.0%
20 or more units	2.2%	0.0%
Mobile home & other	0.7%	0.0%

Poverty & households

	Florence	Medford Lakes
Poverty rate	6.7%	1.3%
Average household size	2.84	2.91
Mean commute (minutes)	28	33
Median year structure built	1970	1961