Medford, NJ · standard
ZIP Code 08055
Burlington County, New Jersey - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 27,179
- 263/sq mi High-density area
- $155,710
- Median income Above-median income area
- $496,400
- Median home value Above-median home value
- 62.7%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Medford pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 3%
- household income, US ZIPs
- Top 13%
- home value, US ZIPs
- 263
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 08055 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 08055 (Medford, NJ) rose +10.1% from 2023 to 2024. The all-transactions index moved from 231.0 in 2023 to 254.2 in 2024 (2000 = 100).
ZIP code 08055 is a densely settled ZIP (a standard USPS delivery area) in Medford, Burlington County, New Jersey, with 27,179 residents across 103.5 square miles, a density of 263 people per square mile, in the New York time zone.
ZIP 08055 skews affluent, with a median household income of $155,710 (28% above the average New Jersey ZIP), while per-capita income is $72,794. The poverty rate is 3.1%, with unemployment at 4.0%; those measures add context to the income figure. Median home value is $496,400 (4% below the average New Jersey ZIP) and median rent is $1,629; 88.4% of occupied homes are owner-occupied.
This is a highly-educated ZIP: 62.7% of adults hold a bachelor's degree or higher, the median age is 46.1, and the average commute is 34 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Burlington County, so 08055 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 08055
Top 5 sectors by establishment count in Medford, NJ
Which industries have the most business establishments in ZIP 08055.
- Health care and social assistance
Health care and social assistance
128 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
111 establishments
- Other services (except public administration)
Other services (except public administration)
88 establishments
- Construction
Construction
83 establishments
- Retail trade
Retail trade
82 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 08055, Medford, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
27,179
Population
103.5
Area (sq mi)
263
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 08055?
46.1
Median Age
48.5%
Male
51.5%
Female
4.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$155,710
Median Household Income
+28% vs state ZIP avg
$72,794
Per Capita Income
3.1%
Poverty Rate
4.0%
Unemployment Rate
33.6 min
Mean Commute Time
How ZIP 08055 ranks among New Jersey ZIPs
Medford, NJ household income vs. every New Jersey ZIP code
Median household income among 565 reporting New Jersey ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$155,710 Top 22% higher than 78% of 565 New Jersey ZIPs
Each bar is a $20K-wide band; taller bars hold more New Jersey ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
11,307housing units
11,307
Total Housing Units
10,918
Occupied Units
389
Vacant Units
2.64
Avg Household Size
Occupancy Type
$496,400
Median Home Value
-4% vs state ZIP avg
$1,629
Median Rent
1978
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+10.1%
YoY Change (2024)
254
HPI Index (2000 = 100)
+154%
Total Change Since 2000
Home values in ZIP 08055 have increased 10.1% over the past year (2024). Since 2000, this ZIP has seen +154% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 161 |
| 2021 | +10.6% | 178 |
| 2022 | +15.9% | 207 |
| 2023 | +11.9% | 231 |
| 2024 | +10.1% | 254 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 817 business establishments in ZIP 08055, employing approximately 8,710 people with a combined annual payroll of $412,822,000.
817
Businesses
8,710
Employees
$412.8M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 128 | 15.7% |
| Professional, scientific, and technical services | 111 | 13.6% |
| Other services (except public administration) | 88 | 10.8% |
| Construction | 83 | 10.2% |
| Retail trade | 82 | 10.0% |
| Accommodation and food services | 65 | 8.0% |
| Administrative and support and waste management and remediation services | 59 | 7.2% |
| Finance and insurance | 53 | 6.5% |
| Wholesale trade | 26 | 3.2% |
| Real estate and rental and leasing | 26 | 3.2% |
| Educational services | 26 | 3.2% |
| Arts, entertainment, and recreation | 24 | 2.9% |
| Manufacturing | 16 | 2.0% |
| Transportation and warehousing | 15 | 1.8% |
| Information | 11 | 1.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 08055 vs 08053 →
ZIP 08055 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08053
Marlton (08053)
45,538 residents
- 08054
Mount Laurel (08054)
41,864 residents
- 08003
Cherry Hill (08003)
30,629 residents
- 08043
Voorhees (08043)
29,131 residents
- 08055
Medford (08055)
27,179 residents
- 08088
Vincentown (08088)
24,664 residents
- 08048 12,495
Lumberton (08048)
12,495 residents
- 08004 12,350
Atco (08004)
12,350 residents
- 08036 5,917
Hainesport (08036)
5,917 residents
What this shows Among its immediate neighbors, ZIP 08055 ranks #5 by population - useful context the national average alone can't give.
ZIP 08055 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 08055
Medford (08055)
$155,710 median income
- 08003
Cherry Hill (08003)
$155,059 median income
- 08036
Hainesport (08036)
$142,899 median income
- 08054
Mount Laurel (08054)
$118,802 median income
- 08053
Marlton (08053)
$118,670 median income
- 08089
Waterford Works (08089)
$115,117 median income
- 08048
Lumberton (08048)
$113,440 median income
- 08004
Atco (08004)
$111,738 median income
- 08088
Vincentown (08088)
$110,000 median income
What this shows By household income, ZIP 08055 ranks the highest of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 08053 | Marlton, NJ | 45,538 | 3.8 mi |
| 08048 | Lumberton, NJ | 12,495 | 6.5 mi |
| 08036 | Hainesport, NJ | 5,917 | 7.8 mi |
| 08088 | Vincentown, NJ | 24,664 | 7.0 mi |
| 08004 | Atco, NJ | 12,350 | 7.3 mi |
| 08089 | Waterford Works, NJ | 4,253 | 10.1 mi |
| 08043 | Voorhees, NJ | 29,131 | 7.1 mi |
| 08091 | West Berlin, NJ | 5,357 | 6.8 mi |
| 08054 | Mount Laurel, NJ | 41,864 | 7.3 mi |
| 08003 | Cherry Hill, NJ | 30,629 | 8.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 08055, both outside NJ so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (27,179 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Burlington County
Related Areas
Frequently Asked Questions
What county is ZIP code 08055 in?
ZIP code 08055 (Medford) is located in Burlington County, New Jersey. Burlington County contains multiple ZIP codes, see the full list at /counties/burlington-nj.
What is the population of ZIP code 08055?
ZIP code 08055 in Medford, NJ has a population of 27,179 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 08055?
The median household income in ZIP 08055 is $155,710, which is 104% above the national average of $76,288.
What is the average home value in ZIP 08055?
The median home value in ZIP 08055 is $496,400, which is 78% above the national average of $278,155.
What is the demographic makeup of ZIP 08055?
The largest racial group in ZIP 08055 is White at 89.0%. Hispanic or Latino residents make up 2.7% of the population.
How many businesses are in ZIP code 08055?
ZIP code 08055 has 817 business establishments employing approximately 8,710 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 08055?
The top industries by establishment count in ZIP 08055 are: Health care and social assistance (128), Professional, scientific, and technical services (111), Other services (except public administration) (88). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 08055?
According to the FHFA House Price Index, home values in ZIP 08055 increased by 10.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 154%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 08055?
In ZIP code 08055, 77.3% of residents aged 25+ have a high school diploma or higher, and 62.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 08055?
The mean commute time for workers in ZIP code 08055 is 33.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 08055?
In ZIP code 08055, approximately 88.4% of occupied housing units are owner-occupied and 11.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 08055?
The poverty rate in ZIP code 08055 is 3.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 08055's numbers, next.
- See how ZIP 08055 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Medford, NJ ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.