Last updated: 2024 BLS data · Page refreshed:
Merchantville has a population of 3,905 with a median age of 36.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,905 |
| Median Age | 36.2 |
| White | 57.1% |
| Black or African American | 10.5% |
| Asian | 4.8% |
| Hispanic or Latino | 26.1% |
| Other / Two or More Races | 1.5% |
The median household income in Merchantville is $90,706, which is 12.5% above the national median of $80,610. The per capita income is $48,885. The poverty rate is 16.7%.
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In Merchantville, 90.3% of residents age 25+ have a high school diploma or higher, and 34.3% hold a bachelor's degree or higher (12.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.3% |
| Bachelor's Degree or Higher | 34.3% |
| Graduate or Professional Degree | 12.2% |
The median home value in Merchantville is $331,000, above the national median of $303,400. The median monthly rent is $1,212. The homeownership rate is 56.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $331,000 |
| Median Monthly Rent | $1,212 |
| Homeownership Rate | 56.9% |
| Vacancy Rate | 7.4% |
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