All Countries
Salem, NJ
Full City Profile · New Jersey · Salem County County
2.6
/5.0
C+
Fair
5,315
Population
2,271/sq mi density
$40,650
Median Income
$24,371 per capita
$69,300
Home Value
$225,390 Zillow
$992
Median Rent
35.9% income on rent
56°F
Avg Temperature
293 sunny days/yr
1,553
Violent Crime/100K
4,828 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.3 / 5.0
$40,650 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$69,300 home value, $992/mo rent
F
Safety
1.0 / 5.0
1,553 violent crimes/100K (309% above avg)
C
Education
2.0 / 5.0
12.7% bachelor's degree or higher
Housing Overview
Median Home Value
$69,300
75% below
US avg: $281,900
Median Rent
$992/mo
15% below
US avg: $1,163/mo
Homeownership Rate
34.7%
47% below US avg (65.4%)
Total Housing Units
2,850
Median year built: 1944
Home Value by Source
Census Median
$69,300
Zillow (ZHVI)
$225,390
Median Sale Price
$145,500
Median List Price
$189,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
34.7%
Owner-Occupied
65.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,397/mo
1 Bedroom
$1,520/mo
2 Bedroom
$1,810/mo
3 Bedroom
$2,170/mo
4 Bedroom
$2,423/mo
Census median rent:
$992/mo
Market Indicators (Redfin)
Median Days on Market
75 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
27.5%
of listings with price reduction
Price Per Sq Ft
$85
Active Inventory
40
homes for sale
Affordability & Housing Stock
Rent Burden
35.9%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
34.7%
Complete Housing Data
Home Values
| Census Median Value | $69,300 |
| Zillow Home Value (ZHVI) | $225,390 |
| Median Sale Price | $145,500 |
| Median List Price | $189,000 |
| Price Per Sq Ft | $85 |
Rent
| Census Median Rent | $992 |
| FMR Studio | $1,397 |
| FMR 1-Bedroom | $1,520 |
| FMR 2-Bedroom | $1,810 |
| FMR 3-Bedroom | $2,170 |
| FMR 4-Bedroom | $2,423 |
Market
| Days on Market | 75 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.5% |
| Homes Sold | 8 |
| Active Inventory | 40 |
| Price Per Sq Ft | $85 |
Ownership & Stock
| Owner-Occupied | 34.7% |
| Renter-Occupied | 65.3% |
| Homeownership Rate | 34.7% |
| Total Housing Units | 2,850 |
| Median Year Built | 1944 |
| Rent Burden | 35.9% |