New Jersey · Census place 45510
Merchantville borough, NJ
Quick answer
Merchantville borough has 3,815 residents, ranking #346 of 700 places in New Jersey. Median household income is $91,607, the median home is worth $316,300 and median gross rent runs $1,097 a month.
- Population
- 3,815Merchantville borough residents
- Median household income
- $91,607Past 12 months, inflation adjusted
- Median home value
- $316,300Owner-occupied units
- Median gross rent
- $1,097Rent plus utilities, monthly
- Median age
- 36.8 yrsAll residents
- Homeownership rate
- 62.1%Owner-occupied households
What the numbers mean in Merchantville borough
Housing cost measured against local earnings.
A household earning the Merchantville borough median would spend about 14.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.7% of residents and 62.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Highland Lakes CDP 3,941
- Oaklyn borough 3,934
- Great Notch CDP 3,898
- Oakhurst CDP 3,811
- Robbinsville Center CDP 3,808
- Port Reading CDP 3,775
- White House Station CDP 3,758
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