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.
Nothing Found
This area did not exhibit any cons, as none of the categories were rated low enough.
Located in the state of New Jersey, Merchantville is a small city with a population of 3,804 residents. With a population density of 6,410 people per square mile, Merchantville is well above the nation's average density level. At 66%, the majority of the Merchantville population is White; this is followed by 14% Black and 3% Asian. All the single ladies and all the single fellas might want to take notice as only 42% of the Merchantville population is married. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Merchantville, your commute times will be about average, with a one way commute time of 28 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Merchantville, New Jersey could be a positive experience for anyone who puts in the time 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. Finding the best places to live in Merchantville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, education, housing and other important metrics.
Merchantville, NJ receives 83 out of 100 for its livability score; this results in a ranking of #30 in New Jersey and #717 in the USA. Based on this score, Merchantville would be considered a very livable city! Merchantville has also earned the rare honor of ranking in the top 10 percentile among all cities. Based on the scores for each individual category, Merchantville has received high marks for amenities (B+), crime (A+), employment (A+) and housing (A+). The bad news for Merchantville, there are some categories for which it does not rank well, this includes: cost of living (F).
If you're living in Merchantville, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Merchantville an attractive destination for those seeking a vibrant and well-served community to call home.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Merchantville, it boasts a notably low violent crime rate of 77 crimes per 100,000 residents, which significantly outperforms the national average.
The unemployment rate in Merchantville has consistently declined over the years and currently stands well below the national average at 2.1%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Merchantville excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
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. The median home price for Merchantville homes is $399,863, which is 28% lower than the New Jersey average. If we take a closer look at the affordability of homes in Merchantville, we’ll see that the home price to income ratio is 3.3, which is 35.3% lower than the New Jersey average.
| Statistic | Merchantville | New Jersey | National |
| Average one way commute | 28min | 31min | 26min |
| Workers who drive to work | 70.9% | 71.7% | 76.4% |
| Workers who carpool | 7.8% | 8.1% | 9.3% |
| Workers who take public transit | 10.2% | 11.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.3% | 3.0% | 2.8% |
| Working from home | 8.6% | 4.1% | 4.6% |
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