Merchantville borough, New Jersey Population

Merchantville borough, New Jersey has a population of 3,814, with a median household income of $88,228.

Current population data for Merchantville borough.

3,814

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Population

3,814

💰

Median Income

$88,228

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Unemployment

3.10%

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Housing Price

$338,228

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Crime Rate

0.40

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Internet Speed

271.60 Mbps

Merchantville borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Jersey, Merchantville borough provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Merchantville borough has a population of 3,814, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Merchantville borough is $88,228, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Merchantville borough is about $338,228, making it relatively affordable compared to many cities in New Jersey.

Employment and Safety

The unemployment rate in Merchantville borough is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Merchantville borough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Jersey, Merchantville borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, Merchantville borough contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Merchantville borough

What is the population of Merchantville borough?

The population of Merchantville borough is approximately 3,814.

Is Merchantville borough a good place to live?

Merchantville borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Merchantville borough?

The median household income in Merchantville borough is around $88,228.

How expensive is housing in Merchantville borough?

The average housing price in Merchantville borough is approximately $338,228.