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Cherry Hill, NJ Insightsas of Oct 2026
Population size
79 K People
Population growth
1.5%
Age distribution
0-17: 20.4%
18-64: 58.9%
65+: 20.7% percent
18-64: 58.9%
65+: 20.7% percent
Household size
2.57 People
Household composition
Families: 68%
Non-families: 32%; Married couples: 55%
Singles: 25%
Empty nesters: 20% percent
Non-families: 32%; Married couples: 55%
Singles: 25%
Empty nesters: 20% percent
Education level
High school or higher: 94.3%
Bachelor's or higher: 57.4% percent
Bachelor's or higher: 57.4% percent
Median household income
121,502 USD/year
Employment rate
65.3 %
Job growth
1.2 %
Dominant industries
Retail trade: 15%, Professional services: 20%, Healthcare: 18%, Education: 12% percent
Cost of living index
120 index (US=100)
Retail sales per capita
47,414 USD/year
Disposable income
80,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 8%, Dining: 12%, Electronics: 6% percent of total spending
Existing retail mix
Malls, strip centers, big-box stores; Mix of luxury, mid-tier, grocery anchors
Number of competitors
15 major retailers/centers
Market saturation
85 percent
Presence of anchor tenants
Yes; Macy's, Nordstrom, Apple Store at Cherry Hill Mall
Foot traffic from nearby businesses
High; Proximity to offices, residential areas boosts daily visits
Rent costs
35 USD/sqm/month
Property values
450,000 USD/home
Zoning laws
C-1, C-2 commercial zones allow retail; Restrictions on big-box in residential areas
Business permits
Standard municipal process; 30-60 days for retail permits days
Availability of retail space
Moderate; 5-10% vacancy in key centers percent
Proximity to major roads
Direct access to Route 70, 38, I-295
Public transportation access
Good; PATCO rail and NJ Transit buses
Parking availability
5,000 spaces
Pedestrian traffic
Moderate; Higher in mall areas, lower in strips
Vehicle traffic
5,000,070 vehicles/day
Public transport accessibility
PATCO station 2 miles from mall; Bus routes frequent
Commute times
26.1 minutes
Work patterns
70% commute by car, 15% public transit, 10% work from home percent
Shopping preferences
Preference for experiential shopping at malls; Mix of online and in-store
Brand affinity
High for national brands like Apple, Nordstrom, local boutiques
Consumer loyalty
Strong; 60% repeat at favorite stores percent
Entertainment and leisure trends
Dining out, movies at mall, parks; Growing interest in wellness
Crime statistics
Low; Violent crime rate 1.5 per 1,000 incidents/1,000 people
Shoplifting rates
2.0 percent of sales
Public safety measures
Police patrols, mall security, CCTV
Tourist spending
50,000,000 USD/year
Tourist footfall
2,000,000 visitors/year
Major local events
Cherry Hill Arts Festival, holiday events at mall
Seasonal attractions
Holiday shopping peaks, summer outdoor markets
E-commerce penetration
15 %
Click-and-collect adoption
25 %
Local preference for in-store shopping
70 %
Total retail space
150,000 sqm
Retail space per capita
2.0 sqm/person
Projected growth in retail space
1 %
Retail leakage rate
20 %
Sustainable retail demand
High; Focus on experiential and green retail
Major upcoming retail projects
Redevelopment of mall expansions, new mixed-use centers
Grocery market share distribution - Top 3 retailers & market share
Acme: 35%, ShopRite: 30%, Whole Foods: 15% percent
Consumer spending patterns
Weekly mall visits, preference for one-stop shopping
Grocery expenditure trends
Increasing 3% annually; Shift to organic percent/year
Luxury retail performance
Strong; 10% growth in high-end sales percent
Top mall shopping preferences
Cherry Hill Mall: Fashion, dining, entertainment
Shopping trips to other cities - % of residents
25 percent
Key drivers for mall visits
Convenience, variety, social experience
Preferred brand categories - Luxury fashion, Value fashion, etc.
Luxury fashion: 20%, Value fashion: 30%, Electronics: 15%, Dining: 25% percent
Number of existing malls
1 malls
Total retail footfall - annual visits across malls
15,000,000 sqm
Retail market gaps
Opportunity in experiential retail, health/wellness stores
Trade area population
500,000 people
Retail potential in catchment area
High; Affluent demographics support expansion
Projected retail growth rate
2 %
Preferred mall layouts
Open-air mixed-use with green spaces, enclosed traditional
Public transport access
Good; Multiple bus lines, PATCO nearby
Walkability score
45 score (0-100)
Road infrastructure & car access
Excellent; Multi-lane highways, signalized intersections
Parking capacity in comparable malls
5,000 spaces
Surrounding land use & future developments
Mixed residential-commercial; Planned mixed-use projects
Retail Destinations in Cherry Hill, NJ
Browse 1 retail destination in Cherry Hill, NJ, United States. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Cherry Hill, NJ at a Glance
- Total Properties1
- CountryUnited States
