Living in Medford Lakes borough, Burlington County, New Jersey provides residents with a serene suburban lifestyle characterized by a strong community focus, beautiful natural landscapes, and a variety of recreational opportunities, although it comes with certain drawbacks such as limited public transportation and higher property taxes.
Pros and Cons of Living in Medford Lakes Borough
Living in Medford Lakes offers a blend of community engagement and natural beauty, with pros including a close-knit neighborhood atmosphere, picturesque lakes, and a notably low crime rate of approximately 1.5 incidents per 1,000 residents. The area is highly regarded for its peaceful suburban lifestyle, with ample opportunities for outdoor activities in parks and nature reserves. Conversely, potential downsides include limited public transportation options, which can make commuting difficult for those without a car, and property taxes that are about 20% higher than some neighboring municipalities in Burlington County.
Quality of Life and Cost of Living in Medford Lakes
The quality of life in Medford Lakes is notably high, boasting a median household income of around $100,000, which is significantly above the national average. However, the cost of living in this borough is approximately 20% higher than the national average, largely due to escalating housing prices that range from $300,000 to over $600,000 depending on location and property type. This investment in real estate is accompanied by a strong sense of community, well-maintained public spaces, and excellent recreational facilities, making it an appealing place for families and retirees alike.
History of Medford Lakes Borough
Medford Lakes has a rich historical backdrop dating back to the early 1900s when it was established as a resort community, primarily during the era of the timber industry. The borough officially became incorporated in 1939, emphasizing the preservation of its natural surroundings and fostering a family-oriented culture. Throughout the years, Medford Lakes has maintained its appeal as a recreational hub, with its lakes and parks drawing visitors and residents who appreciate the area’s natural charm and heritage.
Education and Employment Opportunities in Medford Lakes
Education in Medford Lakes is facilitated by the Lenape Regional High School District, which boasts a commendable graduation rate of 92%. The borough’s residents benefit from diverse employment opportunities, with many commuting to nearby urban centers such as Philadelphia and Camden. The local unemployment rate is approximately 3%, indicating a healthy job market, with key industries including education, healthcare, and retail providing stable employment for the populace.
Recreation and Attractions in Medford Lakes
Recreational options abound in Medford Lakes, where residents can enjoy activities such as boating, fishing, and hiking in the nearby parks and lakes. Lake Medford is a prime destination, offering beach access, picnic areas, and scenic views that enhance the outdoor experience. Community events, like the annual Medford Lakes Day, are essential in fostering local camaraderie and engagement, making the borough a vibrant place to live.
Real Estate and Transportation in Medford Lakes
The real estate market in Medford Lakes is competitive, featuring a mix of single-family homes and vacation properties, catering to a range of buyers. While public transportation options are sparse, most residents depend on their vehicles for commuting. The borough is conveniently located near major highways, including Route 70 and the New Jersey Turnpike, facilitating access to Philadelphia, Camden, and other surrounding areas, thus making daily commutes manageable for those who work outside the borough.
In conclusion, Medford Lakes borough offers a unique blend of community, natural beauty, and high quality of life, making it an attractive destination for families and individuals alike. While challenges such as higher living costs and limited public transit exist, the overall benefits of living in this picturesque area often outweigh these drawbacks for its residents.