Cherry Hill, NJ Rent To Own Homes

Rent-to-Own Homes in Cherry Hill, NJ: What You Need to Know

Cherry Hill, New Jersey is a suburb with the perfect location; it’s within proximity to several major East Coast cities. Because of its prime location, there are plenty of job opportunities to be found in nearby cities. The weather is beautiful, with residents getting to see both sunshine and fluffy snow. Cherry Hill is a beautiful place to live and raise a family. 

Job Opportunities 

There job market in Cherry Hill is booming, with an abundance of local opportunities available. The major employers here are the University of Pennsylvania, J.P. Morgan, Deloitte, and Comcast. There are multiple Fortune 500 companies located here, among them Conduent, Penske, and HealthVerity. The average household income is $131,000 per year. The average salary is $64,000. 

Weather and Climate 

Cherry Hill has a humid, subtropical climate, meaning the summers are hot and humid, while the winters are brutally cold and wet. Residents really get to enjoy the full, four-season experience. January is the coldest month, with temperatures rarely dipping below 23°F. July is the hottest month, with temperatures peaking at around 88°F. Cherry Hill usually sees 48 inches of rain per year. Snowfall varies from year to year but residents can expect to see snow most years.

Schools and Higher Education

There’s a high value placed on education in Cherry Hill. There are 19 public schools to teach a student population of nearly 11,000. Further, there are 21 private schools, educating just over 3,000 students. For those interested in higher education, there’s a wide pick of top colleges here. The University of Pennsylvania, an Ivy League school, is nearby. Drexel University and Bryn Mawr College, too, are a short commute.

Transportation and Infrastructure

Having a car is a must if you plan on living in Cherry Hill. Many people commute to their jobs in major cities, and having a car will make getting around easy, clean, and without the cost of a commuter rail or bus ticket every morning. Some of the East Coasts' biggest cities are nearby. Philadelphia is just 9 miles away. New York City is a 90-minute drive from Cherry Hill, and Atlantic City is an hour away. 

Local Population

Cherry Hill is home to 71,000 residents. 69% of those are white, while 17% are Asian American, and 8% are African American. 50% of the entire population holds a Bachelor’s Degree or higher. 27.2% are under the age of 18 and the average family size is 3 people per household. About 80% of households are owned, rather than rented. Nearly 19% of the residents are over 65% years old.