Salem
Salem city, New Jersey
Considering a place where your dollar stretches further? Welcome to Salem, New Jersey, a charming community where history meets affordability. With a population just over 5,000, Salem offers a tight-knit environment, a welcome contrast to the hustle of larger cities. The median home value here is an astonishing $65,100, a steal compared to the national average. This incredible affordability, combined with a slower pace of life, makes Salem a haven for those seeking a simpler, more budget-friendly lifestyle. You'll find yourself immersed in local culture, with a strong sense of community that's hard to find elsewhere.
From an investment perspective, Salem presents a unique opportunity. While the median household income of $35,143 is significantly below the national average, the incredibly low cost of housing opens doors for those seeking to start small or build equity. The town boasts a low crime rate, offering peace of mind to residents. Salem is best suited for first-time homebuyers, retirees looking to downsize, or anyone seeking a close-knit community with a remarkably low cost of living. It's a place where history resonates, neighbors know each other, and your housing budget goes further.
Salem, New Jersey at a Glance
Salem is a city in Salem city, New Jersey with a population of approximately 5,285. The median home value is $65,100 and the median household income is $35,143.. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average.. Median rent is $980 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$65,100
Median Income
$35,143
Population
5,285
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 5,285
- Median Age
- N/A
- Median Household Income
- $35,143
53% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 31.6%
155% above nat'l avg
- Median Home Value
- $65,100
77% below nat'l avg
- Median Rent
- $980
16% below nat'l avg
- Homeownership Rate
- 33.8%
49% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.3 per 1K
92% below nat'l avg
- Property Crime Rate
- 11.0 per 1K
42% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 12.5%
238% above nat'l avg
- Poverty Rate
- 31.6%
155% above nat'l avg
Weather & Climate in Salem
Avg High
65°F
Avg Low
47°F
Annual Rainfall
46.4"
Avg Humidity
67%
Political Landscape
↗ Trending more Republican
Based on Middlesex County county-level presidential election data
Culture & Things to Do in Salem
Salem County Fair
Annual agricultural fair featuring exhibits, rides, and entertainment.
Old Salem Days
A celebration of Salem's history with historical reenactments and craft vendors.
Christmas Parade
Annual holiday parade through the streets of Salem.