Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · New Jersey

Salem County

64,973 residents80 permits TTM$78,412 median HHI11 ZIP codesUpdated April 28, 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 code breakdown11 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
08023$223,000county est.$2,03010.9%6.4%41.6%
08038$223,000county est.$1,98010.7%6.4%40.1%
08072$223,000county est.$1,4607.9%6.4%18.8%
08001$223,000county est.$1,5708.4%6.4%24.5%
08070$264,123$1,6207.4%5.3%26.9%

Ranked by composite score

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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

Data sources
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 28, 2026