Salem County, New Jersey
Income Data
At a Glance
How Salem County Compares
Detailed Income Statistics
Data Story
About Household Income in Salem County, New Jersey
Salem earns above the national average
Salem County's median household income of $78,412 sits 4.9% above the national median of $74,755, positioning it solidly in the middle-income band across America. This means Salem households earn more than most U.S. counties, though regional costs are notably higher than the national average.
Below New Jersey's affluent county standard
Salem's $78,412 median income ranks in the lower half among New Jersey's 21 counties, falling 22.4% below the state average of $100,891. While Salem outperforms national norms, it lags behind the state's overall prosperity, reflecting New Jersey's reputation as one of America's wealthiest states.
Salem's income reflects its regional position
Salem residents earn less than neighboring Sussex ($114,316) and Warren ($99,596) counties, but modestly more than comparable small counties nationally. This income level reflects Salem's mix of agricultural heritage, manufacturing, and emerging service sectors in southern New Jersey.
Rent is affordable; homeownership stretches budgets
At 18.1%, Salem's rent-to-income ratio is healthy—well below the 30% threshold that signals housing stress—meaning renters here have breathing room. However, the median home price of $223,000 requires careful financial planning for first-time buyers on Salem incomes.
Build financial security with modest income cushion
Salem households earning above the national average have an opportunity to build wealth faster than most Americans. Consider working with a financial advisor to maximize retirement savings, explore home equity as an investment vehicle, and take advantage of lower housing costs relative to New Jersey's broader market.
Frequently Asked Questions
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County median: $78,412 per year
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.