There are 20 independent living communities near Merchantville, New Jersey. The average cost per day for independent living in New Jersey is approximately $100, with costs running between $37 and $171 daily. On a per month basis, this equates to a median cost of $2,986, with costs ranging from about $1,104 to $5,115. The average yearly cost is $35,838, which is over the national average of $23,100.
The cost for independent living in Merchantville, NJ generally ranges from about $578 per month up to $6,188 per month. The average cost is around $2,687 per month, or about $32,244 yearly.
Merchantville is a small city in Camden County, New Jersey. It is part of the Philadelphia-Camden-Wilmington metro statistical area. Though the city has 22,407 residents, the surrounding area includes a total population of 1,094,871. The 55+ community represents approximately 28% of the total population.
Merchantville has a good SeniorScore™ of 74. The city has a median per capita income of $30,000 and a median household income is $62,000 (the New Jersey state average is $84,000). The current unemployment rate is roughly 10.7% and the average home price is $307,500, which is significantly less than the New Jersey average of $547,500.
Merchantville has tolerable average temperatures, with tolerable winters and pleasant summers. The city receives high amounts of precipitation annually. Merchantville has a low rate of crime, low water quality ratings, and low air quality in comparison to other cities in the US.