Housing & Real Estate — Salem, New Jersey

Overview

Total Housing Units2,889
Occupied2,216
Vacant673
Owner-Occupied768
Renter-Occupied1,448
Median Home Value (Census)$79,800
Estimated 2026~$88,000
Median Rent$992/mo
Median Property Tax$3,648/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income30.7%
Severely Rent-Burdened56.0%

Housing Age

Built 2010 or later82
Built 2000-2009117
Built 1990-199922
Built before 19602,252
Median Year Built1944
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.