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Salem County, NJ

RANK #351 / 1001 NAT  ·  #6 / 21 NJ  ·  POP 65,275

1YR FORECAST: +1.2%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Salem County at +1.2% over the next year.

[01] Why Salem County?

Salem County, New Jersey, distinguishes itself with its preserved rural character and Quaker heritage, evident in towns like Woodstown with its classic Main Street feel. Located in South Jersey, it serves as the westernmost county, bordered by the Delaware River and connected to Delaware via the Delaware Memorial Bridge. Philadelphia is approximately an hour away, making it a consideration for commuters. The community offers a quieter pace of life, with extensive farmlands and natural scenery, including six rivers and over 34,000 acres of marshland. Outdoor recreation opportunities include birding at Supawna Meadows National Wildlife Refuge and hiking at Fort Mott and Parvin State Parks.

Life in Salem County often appeals to those seeking affordability, open spaces, and a small-town environment. Many residents own their homes, and the county's public schools are generally above average. Commute times are shorter than the state average, and while some residents commute to nearby cities like Philadelphia, the county also attracts remote workers. The local economy is supported by sectors such as agriculture, with a long history of farming, and manufacturing, including glass companies. Recent economic developments also show investment in energy and infrastructure.

MARKET PROFILE
LEANS TOWARD

Heartland Steady Growth

Salem County is one of 145 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +1.8% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
10.2x

Overvalued relative to economy

Home Prices
+1.8%

Above national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
16x

Above national median (15x)

Housing looks overvalued at 10.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    PSEG Nuclear Energy
    1,000+
  2. 2
    Mannington Mills Manufacturing
    500+
  3. 3
    Inspira Health Healthcare
  4. 4
    Salem County Government Government
  5. 5
    Walmart Retail
  6. 6
    Amazon Logistics
  7. 7
    McLane Logistics
  8. 8
    R.E. Pierson Construction Other
  9. 9
    Ranch Hope Inc. Other
  10. 10
    Salem County Career & Technical High School Education

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Salem County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
65,275
+0.46% YoY
Median Household Income
$79,960
Median Home Value
$239,500
+1.81% 12mo
Median Rent
$1,253
Average Annual Pay
$69,506
+2.9% YoY
Employment
22,118
+2.5% YoY
Income-to-Home-Value
0.3339
More affordable than average
Migration Inflow
3.09%
of pop. from another state
Bachelor's Degree+
25.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$262,500
Days on Market
56
Moderate pace
Months of Supply
3.7
Balanced market
Sale-to-List Ratio
99.5%
Near asking price
Sold Above List
42.4%
Listings w/ Price Drops
25.7%
Building Permits (2025)
77
Single-Family Permits
77

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
10.4
per 100K · nat avg 6.3
Firearm Fatalities
12.0
per 100K · nat avg 14.8
Injury Deaths
121.8
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$1,310M
TOTAL
PROJECT AMOUNT STATUS
New Jersey Wind Port (Phase 1 & 2)
New Jersey Economic Development Authority (NJEDA)
$637M Under Construction
Orchard 230kV Battery Project
Undisclosed
$415M Planned
Nichomus Run Solar Project
Enel Green Power
$150M In Development
Carneys Point Logistics Park (707,400 sq ft)
EQT
$70M Planned
Fenwick Creek Solar Project
AES Corporation
$38M Planned
Salem & Hope Creek Nuclear Plant License Extensions
PSEG Nuclear LLC
Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.5% 42 percentile
Income Growth +2.0% 31 percentile
Vacancy Rate 1.0% 48 percentile
Home Price Change +1.8% 53 percentile
Price/Rent 16x 43 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Salem County, NJ a good place to move to?

With a Boom Town Index score of 65/100, Salem County sits in the upper half of all 1001 ranked counties. Employment is expanding at +2.5%, and median household income stands at $79,960 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in NJ.

Is Salem County affordable?

Housing in Salem County is roughly in line with national affordability norms. The median home costs $239,500 and the income-to-home-value ratio sits at 0.33, with rents averaging $1,253/month. Not a bargain, but not a stretch for most local earners either.

Is Salem County growing or shrinking?

Employers in Salem County are hiring — job growth of +2.5% — but the population is close to flat (+0.5% YoY). Home values moved +1.8% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Salem County?

There's a moderate stream of newcomers. About 3.09% of residents moved from another state, which is above average and suggests Salem County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Monmouth County, NJ 67 Sussex County, NJ 61 Cumberland County, NJ 76 Atlantic County, NJ 77 Camden County, NJ 52 Gloucester County, NJ 51 Oktibbeha County, MS 65 Bullitt County, KY 65