Is Cherry Hill Mall, New Jersey a Good Place To Live? - Living In Cherry Hill Mall, NJ

Is Cherry Hill Mall, New Jersey a good place to live?
Cherry Hill Mall is a city in New Jersey state in USA with a population of 13845 residents.. The poverty rate of Cherry Hill Mall is 6.9%, which is 51% lower than national average. The typical household in Cherry Hill Mall earns $91818 a year, compared to the national median of $67,500. Nearly 26.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Cherry Hill Mall, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cherry Hill Mall remained 5.5%, which is 17% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cherry Hill Mall, only 38% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Cherry Hill Mall is 118, which is 18% higher than national average. Median home value in Cherry Hill Mall is $247100 , which is 8% higher than national average. While median income in Cherry Hill Mall remained $91818, which is 36% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
13845
Unemployment
5.5%
17% NAT AVG.
Poverty
6.9%
51% NAT AVG.
Overall Score
7.5
Median Home Cost
$247100
8% NAT AVG.
Median Income
$91818
36% NAT AVG.
Median Rent
$1555
34% NAT AVG.
Cost Of Living
118
18% NAT AVG.
People Living BPL
1 in 14
Unemployed People
1 in 18
People Earning < $10,000
1 in 17
People Earning < $50,000
26.1%
People with <= High School
1 in 3.4
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing85%

Affordability70%

Safety90%

Amenities90%

Diversity85%

Education80%

Commute80%