Interested in purchasing investment houses in the 08055 zip code in Medford, NJ?
The zip code 08055 is in Burlington county with a latitude of -74.822510000000 and longitude of 39.863750000000, is in the state of New Jersey. The average asking price of houses and condos is $421,793.00 and the average sale price was $320,789.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 39° 51' 49.5" N, 74° 49' 21.036" W. The county F.I.P.S. is 34005. The total land area is 40.1 square miles and the water area is 1.1 square miles. The elevation in this area is 36 - 121 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08055 is in county number 007 and is L. Sector 99, L. Segment 17, H. Sector 17, and H. Segment 17. The population was 27,620 in 2019 and 27,179 in 2010. Of this, the break down in 2019 was 24,540 urban and 3,079 rural. This further breaks down to 13,689 males (49.6%) and 13,930 females (50.4%). The median age of residents is 46.6 years. The population of the greater Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area is 5,890,141. The population density (people per square mile) is 689. This zip code has a combined total of 10,575 houses and condos. There are 1,321 rented appartments. 13% of residents rent versus the 13% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $111,508 and the average salary is $90,400. The median household income of individuals is $105,018.00 and the average is $135,880.00. This zip code has a mean commute time to work of 33.7 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 15.60% (Under $50,000), 31.50% ($50,000-$100,000), and 52.90% earn over $100,000. 2.2% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 101.1. The educational breakdown is 99.4% have a high school education or higher, 60.2% have a bachelor's degree or higher, and 23.7% have some kind of profesional degree.
This area has 9,760 households and the average size is 2.7 people. Individuals who are single and have never been married are 25.0%, 60.6% are now married, 0.7% are separated, 6.0% are widowed, and 7.7% are divorced. The average yearly contribution amount given by people to charity was $3,426 versus the state average of $3,451. The percent of residents who gave to charity was 54.3%.
The estimated median value of houses and condos is $390,771. The median monthly owner costs of mortgage holders was $2,711, where as the costs for those who don't have a mortgage are $1,184. The median number of rooms in houses and condos are 8.1 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 2.6% which equated to an average real estate tax amount payment of $10,101. In comparision, the average real estate tax percent rate in the state is 2.4% which equated to an average real estate tax amount payment in the state of $8,432. The median housing property tax percent for residents with mortgages was 2.6% which amounted to an average tax amount of $10,369. Conversely, the median housing property tax percent for residents who don't have mortgages was 2.5% which amounted to an average tax amount of $9,517. Reported taxable interest for persons was $2,076, dividends $6,867, capital gains +$9,288, and itemized deductions $33,554. The average earned income tax credit is $1,654. The percent of individuals that use a tax preparer is 62.1%. The total average income taxes paid by individuals was $17,519. Businesses reported an average profit of $31,536.
Refresh Recovery Bar & Cafe
3 Nelson Dr, Medford, NJ 08055
Luciano Lamberti
413 Stokes Rd, Medford, NJ 08055
Tarantella Restaurant
128 Route 70, Medford, NJ 08055
Femmina Italian Grill
408 Stokes Rd, Medford, NJ 08055
Lambertis Cucina
200 Tuckerton Rd, Medford, NJ 08055
Roselli's Italian Market & Cafe
155 Church Rd, Medford, NJ 08055
Ita 101
20 S Main St, Medford, NJ 08055
Rustic Grille
519 Stokes Rd, Medford, NJ 08055
Jasmine Oriental Cuisine
175 Route 70, Medford, NJ 08055
Kanamizu Japanese Restaurant
560 Stokes Rd, Medford, NJ 08055
Vincent's
422 Stokes Rd, Medford, NJ 08055
JB Master Grill
13 Jackson Rd, Medford, NJ 08055
Ott's Medford
656 Stokes Rd, Medford, NJ 08055
P.J. Whelihan's Pub + Restaurant
61 Stokes Rd, Medford, NJ 08055
Donkey's Place Too
7 Tomlinson Mill Rd, Medford, NJ 08055
Reily's Candy
719 Stokes Rd, Medford, NJ 08055
Medford Bagel Shop
7 Jackson Rd, Medford, NJ 08055
The Pop Shop
1 S Main St, Medford, NJ 08055
Whole Hog Cafe
192 Route 70, Medford, NJ 08055
L B Daniels Restaurant
640 Stokes Rd, Medford, NJ 08055
Bonefish Grill
500 Route 73 N, Marlton, NJ 08053 (4.7 miles away)
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