Merchantville is a very small borough located in the state of New Jersey. With a population of 3,823 people and seven associated neighborhoods, Merchantville is the 356th largest community in New Jersey. Much of the housing stock in Merchantville was built prior to World War II, making it one of the older and more historic boroughs in the country.
A relatively large number of people in Merchantville telecommute to their jobs. Overall, about 17.61% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
The population of Merchantville is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 37.04% of adults in Merchantville have a bachelor's degree or even advanced degree.
The per capita income in Merchantville in 2022 was $45,634, which is lower middle income relative to New Jersey, and upper middle income relative to the rest of the US. This equates to an annual income of $182,536 for a family of four. However, Merchantville contains both very wealthy and poor people as well.
Merchantville is an extremely ethnically-diverse borough. The people who call Merchantville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Merchantville residents report their race to be White, followed by Black or African-American. Merchantville also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.16% of the borough’s residents. Important ancestries of people in Merchantville include Irish, German, Italian, English, and Polish.
The most common language spoken in Merchantville is English. Other important languages spoken here include Italian and Spanish.