Living in Cherry Hill, New Jersey
Cost of living, income, home prices, rent and demographics of Cherry Hill · Census data 2020–2024
Cherry Hill has 76,725 residents with a median age of 43.3. The median household income is $121,502 (17% higher than the New Jersey median), the median home value is $386,300, the median rent is $1,882/month.
Cherry Hill at a glance
- Population
- 76,725
- Median age
- 43.3State: 40.1
- Median household income
- $121,502State: $103,556
- Median home value
- $386,300State: $454,400
- Median rent
- $1,882/moState: $1,720
- Homeowners
- 76.5%
- Bachelor's degree or higher
- 57.4%
- Average commute
- 28 min
Is Cherry Hill a good place to live?
Pros: Median household income 17% higher than the New Jersey median; home values 15% lower than the state median; an average commute of 28 minutes; unemployment of 5.8%; a poverty rate of 7.5%.
The weather is best in May–June and September–October.
Cost of living in Cherry Hill
Housing is the biggest part of the cost of living. In Cherry Hill the median home value is $386,300, 16% higher than the U.S. median. Renters pay a median of $1,882 per month, which is 27.6% of household income. Homeowners with a mortgage pay $2,708 a month in housing costs.
Cherry Hill median household income
The median household income in Cherry Hill is $121,502 and the income per person is $61,815. 7.5% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Cherry Hill: homes for sale and rent
- Housing units
- 30,775
- Owner-occupied
- 76.5%
- Renter-occupied
- 23.5%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.57
Cherry Hill demographics
- Population
- 76,725
- Median age
- 43.3
- Under 18
- 20.4%
- 65 and older
- 20.7%
- Households
- 29,466
- Foreign-born
- 17.4%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Cherry Hill ›
Education in Cherry Hill
57.4% of adults 25 and older in Cherry Hill have a bachelor's degree or higher (New Jersey: 43.6%), and 26.6% have a graduate or professional degree.
Jobs and commute in Cherry Hill
- Unemployment rate
- 5.8%State: 6.3%
- Average commute
- 28 minState: 31 min
- Work from home
- 23.1%
- Drive alone
- 63.1%
- Public transit
- 4.2%
- Walk to work
- 1.5%
- Homes with broadband
- 96.3%
Cherry Hill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cherry Hill | 76,725 | $121,502 | $386,300 | $1,882 |
| Barclay | 4,607 | $163,365 | $466,200 | — |
| Kingston Estates | 6,668 | $108,024 | $339,600 | $1,896 |
| Ellisburg | 4,829 | $90,417 | $330,900 | $1,510 |
| Greentree | 11,537 | $145,823 | $438,400 | $2,176 |
| Haddonfield | 12,595 | $200,400 | $755,300 | $1,897 |
| Ashland | 9,320 | $118,500 | $336,200 | $2,529 |
| Springdale | 15,173 | $164,796 | $493,900 | $879 |
| Cherry Hill Mall | 14,541 | $103,708 | $341,200 | $2,132 |
More for people moving to Cherry Hill
Cherry Hill ZIP code ›Weather and climate ›Living in Cherry Hill: FAQ
What is the median household income in Cherry Hill, NJ?
The median household income in Cherry Hill is $121,502, 17% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cherry Hill?
The median home value in Cherry Hill is $386,300, compared with $454,400 in New Jersey.
How much is rent in Cherry Hill?
The median gross rent in Cherry Hill is $1,882 per month, about 27.6% of household income.
Is Cherry Hill, NJ a good place to live?
Pluses: median household income 17% higher than the New Jersey median; home values 15% lower than the state median; an average commute of 28 minutes; unemployment of 5.8%; a poverty rate of 7.5%.
What is the median age in Cherry Hill?
The median age in Cherry Hill is 43.3 years (New Jersey: 40.1).
How long is the commute in Cherry Hill?
The average commute to work in Cherry Hill is 28 minutes; 23.1% of workers work from home.
What is the unemployment rate in Cherry Hill?
The unemployment rate in Cherry Hill is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cherry Hill?
57.4% of adults in Cherry Hill have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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