Salem County, New Jersey
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Salem County Compares
Detailed Income Statistics
Income Advisory: Salem County
Income Verdict
Salem County has a median household income of $78,412 and per capita income of $39,397 — a gap of $39,015, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $1,185/month and a median household income of $78,412, rent consumes approximately 18.1% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $78,412 suggests moderate-to-strong purchasing power, generally sufficient to cover essentials with room for discretionary spending in most markets. Per capita income of $39,397 is in line with national norms for individual earners.
Neighbor Context
Salem County earns approximately 22.3% below the New Jersey state median household income of $100,891.
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
What is the median household income in Salem County, New Jersey?
How much do people earn in Salem County?
How does Salem County compare to the New Jersey average?
What is the per capita income in Salem County, New Jersey?
Is Salem County a low-income area in New Jersey?
How does Salem County rank for income in New Jersey?
Income Comparison Calculator
See how your household income compares in Salem County
Your income is above the Salem County median
County median: $78,412 per year
vs. County Median
+0%
vs. State Average
-22%
vs. National Median
+5%
Income Adequacy
Your monthly income ($6,534) vs. median rent ($1,185/mo). A ratio of 3.3x or higher means rent is under 30% of income.
Grow Your Wealth
See how your income stacks up in Salem County, New Jersey? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.
Start InvestingCounties with Similar Income Levels
Compare Financial Products in New Jersey
Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.
Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.