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Merchantville is a borough in Camden County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 3,821, reflecting an increase of 20 (+0.5%) from the 3,801 counted in the 2000 Census, which had in turn declined by 294 (−7.2%) from the 4,095 counted in the 1990 Census.

The borough had the 22nd-highest property tax rate in New Jersey, with an equalized rate of 4.367% in 2020, compared to 3.470% in the county as a whole and a statewide average of 2.279%.

History

Merchantville was incorporated as a borough by an act of the New Jersey Legislature on March 3, 1874, from portions of Delaware Township (now Cherry Hill) and the now-defunct Stockton Township.

While one source attributes the borough's name to a family named Merchant, Francis F. Eastlack, in his History of Merchantville , tells the story of the four developers of Merchantville—Matthias Homer, John Louty, Samuel McFadden and Frederick Gerker—meeting and discussing names, when it was suggested "Gentlemen, as you are all merchants, why not call it Merchantville?"

Geography

According to the United States Census Bureau, Merchantville borough had a total area of 0.59 square miles (1.54  km² ), all of which was land.

The borough borders the Camden County municipalities of Cherry Hill and Pennsauken Township.

Demographics

Census 2010

The Census Bureau's 2006–2010 American Community Survey showed that (in 2010 inflation-adjusted dollars) median household income was $62,358 (with a margin of error of +/- $9,850) and the median family income was $85,909 (+/- $16,985). Males had a median income of $49,926 (+/- $36,924) versus $41,369 (+/- $15,495) for females. The per capita income for the borough was $34,308 (+/- $4,408). About 11.7% of families and 11.1% of the population were below the poverty line, including 23.7% of those under age 18 and 6.0% of those age 65 or over.

Census 2000

As of the 2000 United States Census there were 3,801 people, 1,524 households, and 946 families residing in the borough. The population density was 6,317.2 people per square mile (2,446.0/km² ). There were 1,607 housing units at an average density of 2,670.8 per square mile (1,034.1/km² ). The racial makeup of the borough was 85.90% White, 7.42% African American, 0.29% Native American, 2.10% Asian, 2.84% from other races, and 1.45% from two or more races. Hispanic or Latino of any race were 5.47% of the population.

There were 1,524 households, out of which 32.1% had children under the age of 18 living with them, 45.1% were married couples living together, 12.9% had a female householder with no husband present, and 37.9% were non-families. 32.0% of all households were made up of individuals, and 11.6% had someone living alone who was 65 years of age or older. The average household size was 2.48 and the average family size was 3.19.

In the borough the age distribution of the population shows 25.7% under the age of 18, 6.8% from 18 to 24, 31.5% from 25 to 44, 22.1% from 45 to 64, and 13.8% who were 65 years of age or older. The median age was 37 years. For every 100 females, there were 89.1 males. For every 100 females age 18 and over, there were 84.6 males.

The median income for a household in the borough was $49,392, and the median income for a family was $60,652. Males had a median income of $43,375 versus $30,771 for females. The per capita income for the borough was $25,589. About 5.8% of families and 6.8% of the population were below the poverty line, including 9.4% of those under age 18 and 3.0% of those age 65 or over.

Government

Local government

Merchantville is governed under the Borough form of New Jersey municipal government, one of 218 municipalities (of the 564) statewide that use this form, the most commonly used form of government in the state. The governing body is comprised of a Mayor and a Borough Council, with all positions elected at-large on a partisan basis as part of the November general election. A Mayor is elected directly by the voters to a four-year term of office. The Borough Council is comprised of six members elected to serve three-year terms on a staggered basis, with two seats coming up for election each year in a three-year cycle. The Borough form of government used by Merchantville is a "weak mayor / strong council" government in which council members act as the legislative body with the mayor presiding at meetings and voting only