Salem, NJ Profile: Facts & Data

The primary coordinate point for Salem is located at latitude 39.5718 and longitude -75.4671 in Salem County. The formal boundaries for the City of Salem encompass a land area of 2.34 sq. miles and a water area of 0.47 sq. miles. Salem County is in the Eastern time zone (GMT -5).

The City of Salem has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Salem, NJ Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	5,376 (100%)
Population in Households	5,359 (99.7%)
Population in Families	4,184 (77.8%)
Population in Group Quarters¹	17 ( 0.3%)
Population Density	2,293
Diversity Index²	66


INCOME
Median Household Income	$33,286
Average Household Income	$51,386
% of Income for Mortgage⁴	14%
Per Capita Income	$20,471
Wealth Index⁵	29
Socioeconomic Status Index⁶	Low (42.3)

HOUSING
Total HU (Housing Units)	2,497 (100%)
Owner Occupied HU	693 (27.8%)
Renter Occupied HU	1,448 (58.0%)
Vacant Housing Units	356 (14.3%)
Median Home Value	$74,387
Average Home Value	$109,957
Housing Affordability Index³	147

HOUSEHOLDS
Total Households	2,141
Average Household Size	2.50
Family Households	1,259
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Salem, NJ - Peer Comparisons by Rank and Percentile

The table below compares Salem to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.35%	0.23%
Households	0.53%	0.65%
Families		0.60%
Median Household Income		1.93%
Per Capita Income		2.42%
Owner Occupied HU		3.04%

Variable Description	Rank	Percentile
Total Population	# 281	60th
Population Density	# 333	53rd
Median Household Income	# 697	1st
Housing Affordability Index	# 694	99th
Per Capita Income	# 685	2nd
Diversity Index	# 210	70th

Salem, NJ Profile: Facts & Data

Salem, New Jersey - Basic Facts

Salem, NJ Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Salem, NJ - Peer Comparisons by Rank and Percentile

Salem, NJ - Most Popular Things to Do

Use HTL Address Research for a New Jersey Address and get...

Quick & Easy Ways to...

New Jersey Census Data Comparison Tool

Salem County