| ZIP Code | 08055 |
|---|---|
| City | Medford |
| State | New Jersey (NJ) |
| County | Burlington County |
| Area Code | 609/640 |
| Elevation | 59 ft |
| Latitude | 39.862695 |
|---|---|
| Longitude | -74.822311 |
| Timezone | New York (DST) |
| FIPS | 34005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.1 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.68 |
| Below Poverty | 2.9% ▼ 72% below avg |
| College Grads | 70.9% ▲ 83% above avg |
| Unemployment | 3.4% ▼ 30% below avg |
| No HS Diploma | 32 (0.2%) |
| HS Graduate | 2,910 (14.5%) |
| Some College | 1,144 (5.7%) |
| Associates | 1,746 (8.7%) |
| Bachelors | 1,585 (7.9%) |
| Graduate Degree | 12,627 (63%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $158,487 ▲ 108% above avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $456,000 ▲ 64% above avg ↑ 29% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,502/mo ↑ 10% since 2019 |
| Total Units | 11,103 |
| Vacant Units | 418 |
| Avg HH Size | 2.68 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 11,103 |
|---|---|
| Vacant | 418 |
| Owner Occupied | 89.0% |
| Renter Occupied | 11.0% |
| Avg HH Size | 2.68 |
ZIP code 08055 is located in Medford, New Jersey, within Burlington County. With a population of 28,855, this is a moderately populated ZIP code with a mature community — the median age is 47.1 years. Economically, 08055 is a affluent ZIP code: the median household income of $158,487 is more than double the national average.
Real estate in ZIP code 08055 represents a premium housing market. The median home value of $456,000 is significantly above the national average. Renters can expect to pay around $1,502 per month in median rent. Homeownership is strong here — 89.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 29% since 2019.
The population of 08055 is primarily White (88.15%). Residents are highly educated — 70.9% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 2.9%. Household income has grown by 29% since 2019.
The unemployment rate in 08055 stands at 3.4%, which is below the national average. About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 08055 in Medford, NJ is characterized as affluent, highly educated, a mature community, and predominantly owner-occupied. With 28,855 residents, a median household income of $158,487, and a median home value of $456,000, it offers a clear picture of life in this part of New Jersey.