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About 10.7% of families and 12.2% of the population were below the poverty line, including 19.5% of those under age 18 and 7.9% of those age 65 or over.).The racial makeup of the borough was 86.47% White, 6.67% African American, 0.34% Native American, 2.76% Asian, 0.02% Pacific Islander, 2.42% from other races, and 1.33% from two or more races.The De Pace Sports Museum and Library opened in Collingswood in 2015.The borough is home to two theater companies, the Collingswood Community Theatre and the Collingswood Shakespeare Company which perform throughout the year.
Much of what is now Collingswood was a farm owned by members of the Collings family during the 18th and 19th Centuries.Males had a median income of ,088 ( /- ,121) versus ,816 ( /- ,244) for females.The per capita income for the borough was ,126 ( /- ,577).In 2004, The Philadelphia Inquirer wrote about the borough's "fast growing gay and lesbian community," and the statewide LGBT advocacy and education organization Garden State Equality maintained a Southern New Jersey office in Collingswood until 2010.Knight Park is the home to daytime recreation of the town.
Collingswood's retail district is anchored by Haddon Avenue, a section of County Route 561 which runs from Camden to Haddonfield.