Cherry Hill Mall, NJ Profile: Facts & Data

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Cherry Hill Mall, New Jersey - Basic Facts

The Cherry Hill Mall Census Designated Place had a population of 14,901 as of July 1, 2019.

The primary coordinate point for Cherry Hill Mall is located at latitude 39.9359 and longitude -75.0091 in Camden County. The formal boundaries for the Cherry Hill Mall Census Designated Place encompass a land area of 3.64 sq. miles and a water area of 0 sq. miles. Camden County is in the Eastern time zone (GMT -5). The elevation is 43 feet.

The Cherry Hill Mall Census Designated Place (GNIS ID: 2389309) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Cherry Hill Mall Census Designated Place is located within Township of Cherry Hill, a minor civil division (MCD) of Camden County.


Jump to... (On This Page!)
  1. Cherry Hill Mall 2019 Demographic Data
  2. Growth Rates for Cherry Hill Mall (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Cherry Hill Mall, NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Cherry Hill Mall, NJ Housing Affordability Index is 139
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Cherry Hill Mall, NJ Wealth Index is 157
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Jersey address.

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POPULATION

Total Population 14,901
Population in Households 14,740
Population in Familes 12,348
Population in Group Qrtrs 161
Population Density 4,086
Diversity Index1 61
 

INCOME

Median Household Income $88,429
Average Household Income $118,224
Per Capita Income $45,621
Wealth Index3 157

HOUSING

Total Housing Units 5,950 (100%)
Owner Occupied HU 4,031 (67.7%)
Renter Occupied HU 1,777 (29.9%)
Vacant Housing Units 142 ( 2.4%)
Median Home Value $246,618
Housing Affordability Index2 139
 

HOUSEHOLDS

Total Households 5,808
Average Household Size 2.54
Family Households 3,983
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.54% 0.31%
Households 0.46% 0.28%
Families 0.65% 0.27%
Median Household Income   2.02%
Per Capita Income   2.47%

Cherry Hill Mall, NJ - Peer Comparisons by Rank and Percentile

The table below compares Cherry Hill Mall to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 74 87th
Population Density # 154 72nd
Diversity Index # 154 72nd
Median Household Income # 255 53rd
Per Capita Income # 223 59th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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