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Salem, New Jersey

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
5,322
Population
$38,721
Median Income
$79,800
Home Value
36.9
Median Age

Demographics

Salem has a population of 5,322 with a median age of 36.9. Here is the racial and ethnic breakdown of the population:

Black
58.3%
White
31.2%
Hispanic
8.7%
Asian
0.9%
Other
0.9%
Demographic Value
Total Population5,322
Median Age36.9
White31.2%
Black or African American58.3%
Asian0.9%
Hispanic or Latino8.7%
Other / Two or More Races0.9%
Salem, New Jersey — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 58.3%White: 31.2%Hispanic/Latino: 8.7%Other: 1.8%5,322PopulationBlackBlack58.3%WhiteWhite31.2%Hispanic/LatinoHispanic/Latino8.7%OtherOther1.8%

Income & Economy

The median household income in Salem is $38,721, which is 52.0% below the national median of $80,610. The per capita income is $26,130. The poverty rate is 24.8%.

$38,721
Median Household Income
$26,130
Per Capita Income
24.8%
Poverty Rate

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Education

In Salem, 80.9% of residents age 25+ have a high school diploma or higher, and 15.0% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
80.9%
Bachelor's+
15.0%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher80.9%
Bachelor's Degree or Higher15.0%
Graduate or Professional Degree4.1%

Housing

The median home value in Salem is $79,800, below the national median of $303,400. The median monthly rent is $1,075. The homeownership rate is 34.7%.

$79,800
Median Home Value
$1,075/mo
Median Rent
34.7%
Homeownership Rate
Housing Metric Value
Median Home Value$79,800
Median Monthly Rent$1,075
Homeownership Rate34.7%
Vacancy Rate22.4%

Salaries in New Jersey

Explore salary data for popular occupations in New Jersey:

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Other Cities in New Jersey

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Frequently Asked Questions

What is the population of Salem, New Jersey?
The population of Salem, New Jersey is 5,322 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Salem, New Jersey?
The median household income in Salem, New Jersey is $38,721. This is 52.0% below the national median of $80,610.
What is the median home value in Salem, New Jersey?
The median home value in Salem, New Jersey is $79,800. The median monthly rent is $1,075.
What percentage of people in Salem have a college degree?
In Salem, New Jersey, 15.0% of adults age 25 and older hold a bachelor's degree or higher, and 80.9% have a high school diploma or higher.
Is Salem, New Jersey an affordable place to live?
The home price-to-income ratio in Salem, New Jersey is 2.1x (median home value $79,800 vs. median income $38,721), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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