Salem, NJ
5,322Residents
$38,721Median household income
$1,075/moMedian gross rent
$79,800Median home value
36.9Median age
15%Adults with a bachelor’s degree or higher
35%Homes lived in by their owners
2.1×Home value to household income
Median rent takes about 33% of the median household income in Salem.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $43,000 a year. In New Jersey that leaves roughly $2,882 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.