Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Salem County area can be challenging. Home prices in Salem County are now at a median cost of $190,075, lower than the New Jersey average of $388,929.
The average cost of rent is $1,126/mo in Salem County, primarily driven by the current value of real estate in the Salem County area. While nearly 42.98% of residents own their homes outright in Salem County, 28.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Salem County is $6,085 per month. Households that rent pay about 18.50% of their income on rent here. Salem County's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the county.
Nearby Counties
- New Castle County, DE: higher priced homes
- Gloucester County, NJ: higher priced homes
- Cecil County, MD: higher priced homes
- Harford County, MD: higher priced homes
- Carroll County, MD: higher priced homes
- Washington County, MD: higher priced homes
- Morgan County, WV: equally priced homes
- Allegany County, MD: less expensive homes
- Garrett County, MD: higher priced homes
- Preston County, WV: less expensive homes
Counties with Similar Populations
- Pope County, AR: less expensive homes
- Muskogee County, OK: less expensive homes
- Oldham County, KY: higher priced homes
- Otero County, NM: less expensive homes
- Otsego County, NY: less expensive homes
- Oxford County, ME: less expensive homes
- Pearl River County, MS: less expensive homes
- Pender County, NC: higher priced homes
- Pickaway County, OH: equally priced homes
- Pike County, KY: less expensive homes
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