Merchantville vs Newark
| Merchantville | Newark | |
|---|---|---|
| Population | 3,800 | 307,355 |
| Median Household Income | $90,706 | $52,060 |
| Median Home Value | $331,000 | $373,700 |
| Median Gross Rent | $1,212/mo | $1,392/mo |
| Homeownership Rate | 56.9% | 24.4% |
| Unemployment Rate | 3.1% | 11.6% |
| Bachelor's Degree or Higher | 34.3% | 19.7% |
| Median Age | 36.2 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.