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NJ area data

Salem, NJ

Salem, NJ.

Population: 10,762 (Census ACS)

Home values & appreciation

Median home value
$235,281
1-year appreciation
-0.6%
3-year appreciation
+10.4%
5-year appreciation
+36.5%
10-year appreciation
+98.6%
All-time peak (2025-06)
$237,680
House Price Index
430.8 (+5.2% YoY)

Market activity

Median sale price
$60,000
Median days on market
279 days
Sale-to-list ratio
85.8%
Active listings
1
1-year forecast
+2.3%
New listings (monthly)
14

Rents

Typical rent
$1,775/mo
1BR fair-market rent
$1,230/mo
3BR fair-market rent
$1,750/mo

Affordability

Cost of living index (High)
112.5 (100 = US avg)
Electricity rate (state-level)
22.6¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
4
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coastalFlooding, iceStorm, strongWind, drought, winterWeather
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
67.0°F
Average low
50.0°F
Annual precipitation
43.0 in
Annual snowfall
1.2 in

Walkability & transit

Walkability index
4.5 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
10
Nearest national park
First State National Historical Park (21 mi)
Nearest airport
Salem Airfield (2 mi)
Nearest major airport
Wilmington Airport (ILG) (13 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
3.3 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
+151 tax filers

Housing stock

Median year housing built
1,951
Median annual property tax
$4,671
Mean commute to work
26 min
Households with broadband internet
71.3%

Employment & development

Total county employment
18,391
Average weekly wage
$1,275
Top industries (by employment)
Health Care, Utilities, Construction
Annual residential building permits (county)
62

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents