Merchantville, NJ
Population 3,815 · New Jersey
About Merchantville, NJ
Merchantville is a small community in New Jersey with a population of 3,815 residents. The median household income is $91,607 per year, which is above the national average. The median age in Merchantville is 36.8 years.
Housing in Merchantville has a median home value of $316,300 and median monthly rent of $1,097. Of the 1,634 total housing units, the majority are owner-occupied, with 932 owner-occupied and 569 renter-occupied units.
The unemployment rate in Merchantville is 3.3% and the poverty rate is 16.7%. 37.0% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
How Merchantville Ranks in New Jersey
Cost of Living in Merchantville, NJ
Compared to national averages, Merchantville has a median household income of $91,607 (22% above the national median of $75,149). Home values average $316,300, which is 29% above the national median. Monthly rent at $1,097 is 6% below the US average of $1,163. Within New Jersey, Merchantville's income is 21% below the state average of $115,667, and home values are 33% below the state median of $469,644.
Why Live in Merchantville, NJ?
Merchantville offers a strong local economy with a median household income of $91,607, well above the national average, and rent that’s lower than the national average at $1,097/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a well-educated community where 37.0% of residents hold a bachelor’s degree or higher.
Merchantville has a population of 3,815 with a median age of 36.8 years. Compare Merchantville with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Merchantville
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oakhurst | 3,811 | $142,727 | $644,400 | Compare |
| Robbinsville Center | 3,808 | $131,202 | $515,400 | Compare |
| Port Reading | 3,775 | $142,986 | $414,900 | Compare |
| White House Station | 3,758 | $85,000 | $426,200 | Compare |
| Great Notch | 3,898 | $151,705 | $556,300 | Compare |
| South Toms River | 3,701 | $101,466 | $269,200 | Compare |
| Oaklyn | 3,934 | $81,514 | $245,000 | Compare |
| Woodstown | 3,690 | $101,855 | $231,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Merchantville
What is the population of Merchantville, NJ?
The population of Merchantville, NJ is 3,815 according to the latest Census data.
What is the median household income in Merchantville?
The median household income in Merchantville, NJ is $91,607 per year.
What is the median home value in Merchantville?
The median home value in Merchantville, NJ is $316,300.
What is the average rent in Merchantville?
The median monthly rent in Merchantville, NJ is $1,097.
What is the unemployment rate in Merchantville?
The unemployment rate in Merchantville, NJ is 3.3%.