Merchantville 83 Exceptional
Merchantville Livability #30 ranked city in New Jersey#717 ranked city in the USARanks better than 97% of areas

Pros and Cons of Living in Merchantville

PROS
  • Amenities

    Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.

  • Commute

    High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

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What's it like Living in Merchantville?

Located in the state of New Jersey, Merchantville is a smaller city with a population of 3,702 people. With a population density of 6,238 people per square mile, Merchantville is well above the nation's average density level. According to the most recent Census, 66% of Merchantville residents are White, 14% Black and 3% Asian. Merchantville is very likely to be a great place to live for singles as only 42%, of the population (over fifteen) are classified as married. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Merchantville is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.

Without the right tools, moving to any new town can be very stressful and challenging. Living in Merchantville, New Jersey could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Merchantville and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

Using data and statistics Merchantville has received a livability score of 82/100. This score is ranked in the 96th percentile when compared to all other cities. This is a terrific score, as Merchantville ranks well in multiple categories! The cherry on top is that Merchantville also ranks in the top 10 percent of all cities. Based on the scores for each individual category, Merchantville has received high marks for amenities (B+), crime (A-), education (B), employment (A+) and housing (A-). On a less positive note, Merchantville does not have favorable grades for the following: cost of living (F). If we take a look at the data, we can find out why.

Living in Merchantville offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Merchantville provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale.

When contemplating a move, job prospects often top the list of priorities. In Merchantville, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.05% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

Finding affordable real estate and housing in Merchantville can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Assuming that Merchantville meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Merchantville. Everything else becomes a lot less important if it turns out that home prices in Merchantville are simply unattainable. Median real estate prices in Merchantville come in at $218,300, which is 31% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Merchantville, the home price to income ratio is 2.7, which is 37.2% lower than the New Jersey average.

Best Places to Live in and Around Merchantville

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Compare Merchantville, NJ Livability

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      Merchantville transportation information

      Statistic Merchantville New Jersey National
      Average one way commute28min31min26min
      Workers who drive to work70.9%71.7%76.4%
      Workers who carpool7.8%8.1%9.3%
      Workers who take public transit10.2%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk1.3%3.0%2.8%
      Working from home8.6%4.1%4.6%
      Source: The Merchantville, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).