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Merchantville, New Jersey Demographics & Population 2026

During the 2020–2024 ACS period, Merchantville, New Jersey had a total population of 3,905, the 344th largest borough in New Jersey, with a median household income of $90,706, which is 12% lower than the state average. The poverty rate is 16.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Merchantville Quick Facts

Population 3,905
Median Household Income $90,706
Median Home Value $331,000
Poverty Rate 16.7%
Unemployment Rate 3.1%
Median Age 36.2 years
Homeownership Rate 56.9%
Affordability Ratio 3.6x
Bachelor's Degree or Higher 34.3%
High School Graduation Rate 90.3%
Diversity Index 61/100
Population 3,905 344th of 700
Median Income $90,706 below average
Poverty Rate 16.7% 34% higher than national
Median Home Value $331,000 bottom 30%

How Merchantville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,8153,905+2.4%
Median household income$91,607$90,706-1.0%
Median home value$316,300$331,000+4.6%

How Merchantville Compares

Economy & Housing

Household Income Distribution

Under $25K 6.6%
$25K-$50K 28.6%
$50K-$100K 21.7%
$100K+ 43.0%
Detailed income brackets
Under $10K
2.1%
$10K-$15K
0.0%
$15K-$20K
4.5%
$20K-$25K
0.0%
$25K-$30K
6.3%
$30K-$35K
4.2%
$35K-$40K
7.6%
$40K-$45K
5.9%
$45K-$50K
4.6%
$50K-$60K
4.8%
$60K-$75K
7.8%
$75K-$100K
9.1%
$100K-$125K
4.5%
$125K-$150K
9.4%
$150K-$200K
14.0%
$200K+
15.1%

Employment

3.1% Unemployment Rate State: 6.3%|National: 5.2%
72.8% Labor Force Participation

Housing Overview

Owner 56.9%
Renter 43.1%
Affordability Index Affordable
3.6x home value to income ratio
Median gross rent $1,212/mo 16.0% of median household income annually

People & Demographics

Diversity Index

61out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 66 | National average: 61

Education

Merchantville Rankings in New Jersey

#344 Population of 700
#453 Median Income of 662
#441 Education of 699
#489 Home Value of 678

Other Cities in Camden County

CityPopulationMedian IncomePovertyHome Value
Camden 71,496 $40,546 30.2% $112,000
Sicklerville 44,998 $105,602 8.5% $278,900
Lindenwold 21,719 $55,954 21.1% $173,600
Springdale 15,173 $164,796 7.5% $493,900
Cherry Hill Mall 14,541 $103,708 10.8% $341,200
Collingswood 14,205 $90,184 9.5% $380,400
Westmont 14,195 $115,317 5.8% $422,200
Echelon 13,284 $82,932 10.6% $328,600
Haddonfield 12,595 $200,400 3.1% $755,300
Bellmawr 11,737 $76,654 9.6% $239,400

Cities Similar to Merchantville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oaklyn3,947$84,394$279,00042.2%8.9%
Silver Lake (Essex County)3,917$82,469$448,30030.1%15.1%
Gibbstown3,685$91,250$249,10026.8%6.9%
The College of New Jersey3,658N/AN/A82.2%87.2%
North Cape May3,731$86,962$393,30031.5%6.1%

Population Overview

Merchantville is a small community located in New Jersey, within Camden County. The total population is 3,905. It ranks as the 344th most populous out of 700 Census-designated places in New Jersey.

Age Demographics

The median age in Merchantville is 36.2 years. This is 10% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Merchantville is $90,706. This is 12% lower than the state median of $103,556. It is also 12% higher than the national median of $80,734. The poverty rate stands at 16.7%. This is 72% higher than the state poverty rate of 9.7%. The unemployment rate is 3.1%. This is 50% lower than the state rate of 6.3%. The median home value is $331,000. Housing costs are 27% lower than the state median of $454,400. The home-value-to-income ratio is 3.6x. 56.9% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 63.8%.

Race & Ethnicity

The largest racial or ethnic group in Merchantville is White (non-Hispanic), making up 55.4% of the population. Hispanic or Latino residents account for 26.1%. The Asian population (4.8%) is well below the state average of 10.1%.

Education

34.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 21% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.3%.

Data Sources & Methodology

All demographic data for Merchantville, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Merchantville, New Jersey?

Merchantville, New Jersey has a population of 3,905 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Merchantville, NJ?

The median household income in Merchantville is $90,706, which is 12% higher than the national median of $80,734.

What is the poverty rate in Merchantville, NJ?

The poverty rate in Merchantville is 16.7%. This means approximately 651 residents live below the federal poverty line.

What is the racial makeup of Merchantville, New Jersey?

Merchantville's population is 55.4% White, 10.2% Black, 26.1% Hispanic/Latino, and 4.8% Asian.

What is the median home value in Merchantville, NJ?

The median home value in Merchantville is $331,000. The home-value-to-income ratio is 3.6x.

How educated is Merchantville, New Jersey?

34.3% of adults (25+) in Merchantville hold a bachelor's degree or higher, and 12.2% hold a graduate or professional degree.