08055 Map

08055 Income Statistics

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Comparison to Surrounding Areas

08055 Median Household Income

The median household income ($158,487) for 08055 is less than the median household income for Medford township ($160,733). But it's more than 08088 ($107,980), 08048 ($111,739), 08054 ($114,629), 08053 ($116,745), 08004 ($107,041), Burlington County ($105,271), and Medford Lakes borough ($151,190).

08055$158,487
Medford township$160,733
Medford Lakes borough$151,190
Burlington County$105,271

08055 Average Household Income

The average household income ($196,306) for 08055 is less than the average household income for Medford township ($199,507). But it's more than 08088 ($131,871), 08048 ($147,450), 08054 ($149,993), 08053 ($148,643), 08004 ($120,918), Burlington County ($136,507), and Medford Lakes borough ($176,148).

08055$196,306
Medford township$199,507
Medford Lakes borough$176,148
Burlington County$136,507

08055 Per-Capita Income

The per-capita income for 08055 is $74,395. The per capita income ($74,395) for 08055 is less than the per capita income for Medford township ($76,582). But it's more than 08088 ($53,908), 08048 ($56,971), 08054 ($64,584), 08053 ($61,324), 08004 ($46,718), Burlington County ($53,077), and Medford Lakes borough ($61,788).

08055$74,395
Medford township$76,582
Medford Lakes borough$61,788
Burlington County$53,077

08055 High Income Households

37.7% of households make over $200,000 a year. The percent high income households (37.7%) for 08055 is less than the percent high income households for Medford township (38.8%). But it's more than 08088 (19.4%), 08048 (23.7%), 08054 (21.6%), 08053 (22.7%), 08004 (16.1%), Burlington County (19.2%), and Medford Lakes borough (30.6%).

0805537.7%
Medford township38.8%
Medford Lakes borough30.6%
Burlington County19.2%

08055 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08055$87,802$178,068$205,462$101,026
Medford township$88,190$169,038$208,656$101,776
Medford Lakes borough$-1$189,063$162,391$97,969
Burlington County$53,955$111,796$131,591$75,092

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2023 5-year estimates. You can find this information and other demographics for 08055 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
08055+/-$9,770+/-$12,959+/-$4,834+/-3.5%+/-$52,151+/-$36,546+/-$30,672+/-$7,867
Medford township+/-$12,008+/-$14,692+/-$5,547+/-3.9%+/-$46,900+/-$34,675+/-$27,104+/-$8,984
Medford Lakes borough+/-$14,663+/-$23,847+/-$9,554+/-9.0%+/-$-1+/-$57,794+/-$41,054+/-$18,780
Burlington County+/-$1,532+/-$2,355+/-$892+/-0.8%+/-$9,333+/-$2,872+/-$3,007+/-$2,173