CitytisticsShortlist

Cherry Hill Mall, NJ vs Preakness, NJ

Cherry Hill Mall

New Jersey

vs

Preakness

New Jersey

Across 37 directional measures we can compare, Cherry Hill Mall leads on 14 and Preakness on 23. Counting measures is not an overall verdict: their importance depends on your priorities. Median rent is 11% higher in Cherry Hill Mall, while median household income is higher in Preakness.

Median gross rent
$2,132$1,918
Cherry Hill Mall is 11% higher
Median household income
$103,708$133,205
Cherry Hill Mall is 22% lower
Median home value
$341,200$617,700
Cherry Hill Mall is 45% lower

The Citytistics read

  • After the median rent, with other prices set to the US average, the median household has about $77,800 a year left in Cherry Hill Mall and $104,800 in Preakness. Money goes further in Preakness, by about $26,900 a year.
  • A household earning Cherry Hill Mall's median of $103,708 would need about $105,000 in Preakness to keep the same money after rent and local prices.
  • Between the 2019 and 2024 surveys, rent outran pay by 3.8 points a year in Cherry Hill Mall, and rent outran pay by 1.5 points a year in Preakness.

How these are calculated

New JerseyPreakness, NJCherry Hill Mall, NJCherry Hill MallPreaknessCherry Hill MallPreakness

Which fits you?

Both start on the Citytistics Index (CTX). Move the sliders to weigh what matters to you and the score becomes your own mix.

Your weights

Top 2 of 2 matching places. Places in the top 1% show their national rank.

#PlaceCTXAffordabilityEconomyEducationSafetyCommuteAmenitiesGrowth
01Preakness, NJComposite 61.2 / 100
79
537286n/a2466n/a
02Cherry Hill Mall, NJComposite 45.7 / 100
39
444476n/a3836n/a

CTX is the Citytistics Index: better than that share of the places we rate. It tops out at 99, so the top 1% show their national rank (#1 is best). Change any weight to rank on your own mix. How the CTX is built

Every measure

The dots show where each place sits among the 6,645 places we track. The bar is the median. A small dot after a value marks the better one.

MeasureCherry Hill MallPreaknessAmong all places
Cost of living
Median gross rent1$2,132$1,918
Rent to income124.7%17.3%
Property tax rate12.7%n/a
Home price to income13.3x4.6x
Prices vs US average2102.5112.6
Fair market rent, 2 bedrooms3$1,860$2,282
HUD area median income4$122,700$139,100
Housing
Property tax paid (median)1$9,211$10,001
Median home value1$341,200$617,700
Home prices, 1-year change55.8%6.8%
Home prices, 5-year change574.2%58.0%
Homeownership171.4%70.6%
Renters paying 30%+129.2%51.4%
Owner costs with a mortgage1$2,633$3,542
Vacant homes17.1%3.7%
Median year built119661967
Jobs and income
Median household income1$103,708$133,205
Income per person1$51,404$57,082
Unemployment17.3%4.6%
Average annual pay6$70,945$64,775
Pay growth, 1 year62.7%1.7%
Jobs6207,142174,268
Poverty rate110.8%3.3%
Mean commute127 min30 min
Works from home120.8%16.9%
Commutes by transit13.8%5.1%
People
Population114,54118,520
Median age137.941.0
Bachelor's or higher147.7%57.1%
High school or higher194.3%95.9%
Household size12.72.8
Born abroad113.8%21.8%
No health insurance12.9%2.5%
Homes with broadband197.2%92.9%
Moving
Moved here in the past year14.5%4.9%
Moved from another state11.9%1.0%
Net movers per 1,000 people7-0.7-12.5
Income of households moving in7$71,881$69,274
Income of households moving out7$75,629$70,870
Local life
Restaurants and bars per 10k820.020.8
Shops per 10k830.335.3
Arts, recreation and fitness per 10k83.62.8
Doctors' offices and clinics per 10k823.422.3
Child care centers per 10k82.42.6
Parks per 10k91.415.1
Playgrounds per 10k911.026.5
Grocery stores per 10k90.72.7
Restaurants, cafes and bars per 10k922.028.6
Libraries per 10k90.01.1
Named paths and bike trails92.90.2
Transit stops per sq mi90.313.4
Nearest National Park Service site107.22.8
National Park Service sites within 60 miles101022
National Register listings1110043
Schools
Public schools12155149
Public school students1282,07282,808
Students per teacher1212.112.0
Climate
July average high1387°F84°F
January average low1325°F20°F
Average temperature1355°F51°F
Annual precipitation1346.9 in48.6 in
Hazards and air
Natural hazard risk1493.295.8
Hurricane risk1488.587.9
Tornado risk1484.888.8
Wildfire risk1486.316.1
Heat wave risk1497.096.2
Median air quality index154441
Good air days1565.6%73.6%

Data bundle checked 2026-11-14; individual source vintages vary. Rent needed at the 30% line: Cherry Hill Mall $85,280, Preakness $76,720 a year.

Sources and methods

The small numbers beside each measure point here. Links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  10. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  11. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  12. Common Core of Data · National Center for Education Statistics · 2024 release
  13. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  14. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  15. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

Survey figures are estimates with margins of error. Formulas and definitions: methodology.

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