How many renters in Merchantville Borough, NJ pay more than 30% of their income on rent?
46.4% (±16.1 points) of renting households in Merchantville Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
44.3% spend 35% or more.
The median renting household spends 24.8% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 46.4% (±16.1 points)
- Paying 35% or more
- 44.3% (±15.7 points)
- Median share of income
- 24.8% (±16.9 points)
Rent as a share of income in Merchantville Borough
| Share of income spent on rent | Merchantville Borough | Camden County | New Jersey | United States |
|---|---|---|---|---|
| Less than 15% | 17.1% (±9.7 points) | 9.5% | 12.2% | 12.6% |
| 15% to 19.9% | 16.9% (±14.6 points) | 11.7% | 12.3% | 12.2% |
| 20% to 24.9% | 16.5% (±11.1 points) | 12.2% | 12.6% | 12.6% |
| 25% to 29.9% | 3.1% (±3.5 points) | 12.1% | 11.4% | 11.5% |
| 30% to 34.9% | 2.1% (±3.4 points) | 10.5% | 8.9% | 9.2% |
| 35% or more | 44.3% (±15.7 points) | 44.0% | 42.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Merchantville Borough against Camden County, its state and the nation
| Merchantville Borough | Camden County | New Jersey | United States | |
|---|---|---|---|---|
| Paying 30% or more | 46.4% (±16.1 points) | 54.5% (±2.4 points) | 51.6% (±0.4 points) | 51.1% |
| Paying 35% or more | 44.3% (±15.7 points) | 44.0% (±2.0 points) | 42.7% (±0.4 points) | 41.9% |
| Median share of income | 24.8% (±16.9 points) | 32.2% (±1.0 points) | 30.9% (±0.3 points) | 30.6% |
| Median renter household income | $48,603 (±$23,443) | $49,624 (±$2,002) | $62,674 (±$718) | $52,966 |
| Median gross rent | $1,212 (±$140) | $1,402 (±$20) | $1,720 (±$7) | $1,413 |
In Merchantville Borough, the share of renters paying 30% or more of income is not measurably different from Camden County (54.5%).
It is not measurably different from New Jersey (51.6%).
It is not measurably different from the national figure (51.1%).
In Camden County, Merchantville Borough ranks 23 of 35 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 360 of 560.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Merchantville Borough
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Merchantville Borough | — | 46.4% (±16.1 points) | — |
| Pennsauken Township | 1.3 mi | 56.9% (±7.8 points) | Not measurably different |
| Golden Triangle | 1.6 mi | 35.7% (±14.7 points) | Not measurably different |
| Cherry Hill Mall | 2.2 mi | 29.2% (±12.8 points) | Not measurably different |
| Collingswood Borough | 2.8 mi | 52.0% (±10.5 points) | Not measurably different |
| Westmont | 2.9 mi | 48.9% (±12.1 points) | Not measurably different |
| Maple Shade Township | 2.9 mi | 54.7% (±9.3 points) | Not measurably different |
| Ellisburg | 3.0 mi | 37.3% (±13.4 points) | Not measurably different |
| Haddon Township | 3.1 mi | 49.1% (±11.9 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Camden County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 17 | Laurel Springs Borough | 50.7% (±21.8 points) |
| 18 | Haddon Township | 49.1% (±11.9 points) |
| 19 | Stratford Borough | 48.8% (±16.9 points) |
| 20 | Lawnside Borough | 48.6% (±15.6 points) |
| 21 | Somerdale Borough | 48.0% (±16.4 points) |
| 22 | Runnemede Borough | 47.4% (±14.8 points) |
| 23 | Merchantville Borough | 46.4% (±16.1 points) |
| 24 | Oaklyn Borough | 44.9% (±16.3 points) |
| 25 | Barrington Borough | 44.1% (±16.0 points) |
| 26 | Haddon Heights Borough | 43.0% (±14.0 points) |
| 27 | Cherry Hill Township | 42.8% (±6.6 points) |
| 28 | Chesilhurst Borough | 41.9% (±58.3 points) |
| 29 | Berlin Borough | 41.8% (±16.3 points) |
Showing 13 of 35 places in Camden County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Merchantville Borough
Are renters in Merchantville Borough rent-burdened?
46.4% of renting households in Merchantville Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Merchantville Borough spend on rent?
The median renting household in Merchantville Borough, NJ spends 24.8% (±16.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Merchantville borough, Camden County, New Jersey
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Merchantville borough, Camden County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Merchantville borough, Camden County, New Jersey
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Merchantville borough, Camden County, New Jersey (county subdivision:45510, in state:34 county:007).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Renters and owners in Merchantville Borough
- Income and affordability in Merchantville Borough
- Home values in Merchantville Borough
- Homeowner costs in Merchantville Borough
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- Population growth in Merchantville Borough
- How long people stay in Merchantville Borough
- New Jersey landlord and tenant rules
- Housing across Camden County
- New Jersey places ranked by rent burden
- Housing data for every place in New Jersey