Merchantville, NJ is a borough in Camden County with a population of 3,821 (according to the 2010 census). In Merchantville, the average 2-bedroom rent is $1,420 which is slightly lower than the US average of $1,430. The Grocery Cost Index here is 103 versus 100 in the US. This makes Merchantville an affordable place to live.
The town has many local businesses such as C & L Auto Repair, Dave & Buster's and Fox Run Shopping Center. It also offers a variety of educational opportunities with schools like Merchantville Elementary School and Joseph Kushner Hebrew Academy. There are also several parks such as Weigold Park and Kates Park where residents can relax and enjoy the outdoors. Additionally, there are many restaurants and cafes like Mr. Pizza Factory that offer delicious meals for customers.
Merchantville is well known for its Victorian-style homes which were built in the late 19th century and early 20th century. These homes have beautiful architectural elements that make them stand out from other places. Furthermore, this small town has a lot of charm due to its diverse culture and friendly people who welcome newcomers with open arms.
Merchantville (zip 08109) has an unemployment rate of 8.9%. The US average is 6.0%.
Merchantville (zip 08109) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Merchantville (zip 08109)
- The Sales Tax Rate for Merchantville (zip 08109) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Merchantville (zip 08109) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Merchantville (zip 08109)
- The average income of a Merchantville (zip 08109) resident is $34,288 a year. The US average is $37,638 a year.
- The Median household income of a Merchantville (zip 08109) resident is $73,111 a year. The US average is $69,021 a year.