Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · New Jersey
Salem County
ZIP 08079
64,973 residents80 permits TTM$78,412 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$223,000
ACS 5-Year
Cap rate proxy
9.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.1%
HUD FMR ÷ ACS HHI
Net migration
+1.75%
IRS SOI
Permits (TTM)
80
Census BPS
Climate risk
76.5
FEMA NRI (0–100)
ZIP 08079
Median home value
$225,649
Gross yield
7.8%
Buy Box score
0.7
Section 8 gap
23.2%
Affordability
P/I: 2.9R/I: —
Section 8 detail
SAFMR: $1,460Rent: $1,185Gap: 23.2%
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 08001 | $223,000county est. | $1,570 | 8.4% | 6.4% | 24.5% |
| 08023 | $223,000county est. | $2,030 | 10.9% | 6.4% | 41.6% |
| 08038 | $223,000county est. | $1,980 | 10.7% | 6.4% | 40.1% |
| 08072 | $223,000county est. | $1,460 | 7.9% | 6.4% | 18.8% |
| 08079 | $225,649 | $1,460 | 7.8% | 6.3% | 18.8% |
| 08069 | $236,061 | $1,650 | 8.4% | 6.0% | 28.2% |
| 08070 | $264,123 | $1,620 | 7.4% | 5.4% | 26.9% |
| 08067 | $324,009 | $2,170 | 8.0% | 4.4% | 45.4% |
| 08318 | $336,923 | $1,820 | 6.5% | 4.2% | 34.9% |
| 08343 | $375,934 | $2,250 | 7.2% | 3.8% | 47.3% |
| 08098 | $384,890 | $1,560 | 4.9% | 3.7% | 24.0% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
71.3%
Census ACS
Vacancy rate
10.3%
Census ACS
Bachelor's degree +
24.0%
Census ACS
Rent burdened
53.4%
Census ACS (>30% income)
Median age
41.9
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026