housing costs · New Jersey
Housing costs in Salem County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,253 | ± $51 | evidence → |
| 2019–2023 | $1,185 | ± $49 | evidence → |
| 2018–2022 | $1,165 | ± $49 | evidence → |
| 2017–2021 | $1,064 | ± $38 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $239,500 | ± $7,170 | evidence → |
| 2019–2023 | $223,000 | ± $6,636 | evidence → |
| 2018–2022 | $208,200 | ± $7,413 | evidence → |
| 2017–2021 | $187,400 | ± $9,878 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 32.5 % | ± 2.3 % | evidence → |
| 2019–2023 | 32.9 % | ± 1.9 % | evidence → |
| 2018–2022 | 34.0 % | ± 2.4 % | evidence → |
| 2017–2021 | 35.4 % | ± 2.3 % | evidence → |
In context
Median rent in Salem County is $1,253, below the New Jersey median of $1,623 across 21 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.