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Merchantville borough, New Jersey Demographics & Population 2026

As of 2026, Merchantville borough, New Jersey has a total population of 3,815, the 346th largest city in New Jersey, with a median household income of $91,607, which is 9% lower than the state average. The poverty rate is 16.7%.

Merchantville borough Quick Facts

Population 3,815
Median Household Income $91,607
Median Home Value $316,300
Poverty Rate 16.7%
Unemployment Rate 3.4%
Median Age 36.8 years
Homeownership Rate 62.1%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 37.0%
High School Graduation Rate 88.9%
Diversity Index 56/100
Population 3,815 346th of 700
Median Income $91,607 below average
Poverty Rate 16.7% 34% higher national
Median Home Value $316,300 below average

How Merchantville borough Compares

Economy & Housing

Employment

3.4% Unemployment Rate State: 6.2% | National: 5.2%
71.4% Labor Force Participation

Housing Overview

Owner 62.1%
Renter 37.9%
Affordability Index Affordable
3.5x home value to income ratio

People & Demographics

Diversity Index

56out of 100
High Diversity

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

State average: 65 | National average: 60

Education

Merchantville borough Rankings in New Jersey

#346 Population of 700
#439 Median Income of 700
#404 Education of 700
#468 Home Value of 700

Other Cities in Camden County

CityPopulationMedian IncomePovertyHome Value
Camden city 71,471 $40,450 28.5% $100,400
Lindenwold borough 21,534 $55,099 24.3% $168,300
Collingswood borough 14,163 $83,917 10.8% $346,300
Haddonfield borough 12,502 $190,882 2.6% $708,800
Bellmawr borough 11,678 $74,812 9.6% $216,500
Gloucester City city 11,465 $70,942 13.2% $180,100
Pine Hill borough 10,762 $68,725 15.4% $182,200
Audubon borough 8,699 $116,900 2.2% $288,500
Runnemede borough 8,310 $100,366 9.6% $217,500
Berlin borough 7,503 $101,008 5.9% $310,000

Cities Similar to Merchantville borough

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bordentown city4,006$91,208$322,30045.9%5.8%
White House Station CDP3,758$85,000$426,20054.6%3.8%
Netcong borough3,543$92,596$344,30038.9%8.4%
South Toms River borough3,701$101,466$269,20016.3%5.3%
Silver Lake CDP (Essex County)4,034$86,615$483,70026.3%10.4%

Population Overview

Merchantville borough is a small community located in New Jersey, within Camden County. The total population is 3,815. It ranks as the 346th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Merchantville borough is 36.8 years. This is 8% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Merchantville borough is $91,607. This is 9% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 17% higher. The poverty rate stands at 16.7%. This is 71% higher than the state poverty rate of 9.8%. The unemployment rate is 3.4%. This is 46% lower than the state rate of 6.2%. The median home value is $316,300. Housing costs are 26% lower than the state median of $427,600. The home-value-to-income ratio is 3.5x. 62.1% of occupied housing units are owner-occupied. This homeownership rate is 3% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Merchantville borough is White (non-Hispanic), making up 61.0% of the population. Hispanic or Latino residents account for 25.2%. The Asian population (2.9%) is well below the state average of 9.8%.

Education

37.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 14% lower than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.9%.

Data Sources & Methodology

All demographic data for Merchantville borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Merchantville borough, New Jersey?

Merchantville borough, New Jersey has a population of 3,815 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Merchantville borough, NJ?

The median household income in Merchantville borough is $91,607, which is 17% higher the national median of $78,538.

What is the poverty rate in Merchantville borough, NJ?

The poverty rate in Merchantville borough is 16.7%. This means approximately 637 residents live below the federal poverty line.

What is the racial makeup of Merchantville borough, New Jersey?

Merchantville borough's population is 61.0% White, 8.1% Black, 25.2% Hispanic/Latino, and 2.9% Asian.

What is the median home value in Merchantville borough, NJ?

The median home value in Merchantville borough is $316,300. The home-value-to-income ratio is 3.5x.

How educated is Merchantville borough, New Jersey?

37.0% of adults (25+) in Merchantville borough hold a bachelor's degree or higher, and 13.2% hold a graduate or professional degree.