Moorestown is a medium-sized township located in the state of New Jersey. With a population of 21,500 people and five associated neighborhoods, Moorestown is the 94th largest community in New Jersey.
Housing costs in Moorestown are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Moorestown has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 22.83% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
In addition, Moorestown is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Moorestown is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Moorestown really has some of the features that families look for when choosing a good community to raise children. Is Moorestown perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, Moorestown is a pretty powerful place. 68.50% of the adults in Moorestown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Moorestown in 2022 was $91,987, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $367,948 for a family of four.
Moorestown is a very ethnically-diverse township. The people who call Moorestown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Moorestown residents report their race to be White, followed by Asian. Important ancestries of people in Moorestown include Irish, Italian, German, English, and Polish.
The most common language spoken in Moorestown is English. Other important languages spoken here include Spanish and Chinese.