Moorestown is a medium-sized township located in the state of New Jersey. With a population of 21,500 people and five associated neighborhoods, Moorestown is the 94th largest community in New Jersey.
Housing costs in Moorestown are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Also of interest is that Moorestown has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 22.83% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Moorestown is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Moorestown is a great place for families with children to consider. First of all, many other families with children live here, making Moorestown a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The township’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Moorestown has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Moorestown’s overall crime rate is lower than average for the country.
If knowledge is power, Moorestown is a pretty powerful place. 68.50% of the adults in Moorestown have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Moorestown in 2022 was $91,987, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $367,948 for a family of four.
Moorestown is a very ethnically-diverse township. The people who call Moorestown home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Moorestown residents report their race to be White, followed by Asian. Important ancestries of people in Moorestown include Irish, Italian, German, English, and Polish.
The most common language spoken in Moorestown is English. Other important languages spoken here include Spanish and Chinese.