County profile
Salem County, NJ
United States · GDP 2024
#563 of 3,127 US counties by GDP43rd-percentile growthmore diversified than 92% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$7.4B
BEA · 2024
GDP growth (YoY)
+3.7%
BEA · 2024
Jobs tracked
17,630
Census CBP · 2023
Employers
1,137
Census CBP · 2023
Avg. wage
$65.3k
BLS QCEW · 2023
Population
66,280
Census PEP · 2025
Labor, income & education
Unemployment
5.4%
Median HH income
$80.0k±$4.0k
Bachelor's degree+
25.0%±1.5%
Poverty rate
12.7%±1.6%
Business applications
719 · 2025
Retail establishments
162
24.6/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Elmer Bancorp, Inc.Financial Services$22.1M49D2Penn Bancshares, Inc.Financial Services———HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Transportation20%
Health care20%
Retail trade18%
Utilities16%
Manufacturing14%
Wholesale trade13%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
66,280
residents · 2025 · +2.3% since 2020
Income per capita $60.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,654
International migration+503
Natural change−650
GDP trend
2019–2024 · nominal
$5.4B2019
$5.8B2020
$6.4B2021
$6.7B2022
$7.1B2023
$7.4B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$239.5k±$7.2k
Median gross rent
$1.3k/mo±$51/mo
Vacancy rate
10.4%±1.4%
Affordability
3.7× wages
Residential permits
$14.1M
77 units · 1.2/1k pop
FEMA risk score
76.5
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Coastal flooding 96Strong wind 92Ice storm 88
FHFA HOUSE PRICE INDEX · 2016–2025
4152016
4182017
4102018
4282019
4442020
5052021
5952022
6712023
7182024
7512025
RESIDENTIAL PERMITS · 2021–2025
↓ -13% since 2021882021
962022
612023
642024
772025
Transport access
BTS · FAA · USACE
Nearest interstate
15.4 km
I-295
Nearest freight rail
0.8 km
SLRS
Nearest port
11.3 km
SALEM MUNICIPAL WHARF
Nearest commercial airport
24.3 km
NEW CASTLE
Wage trend
BLS QCEW · 2019–2023$65.3k
avg. annual pay · +11% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Salem?
Salem's economy produced $7.4B in 2024, growing 3.7% year over year — about the middle of the pack among US counties. Its largest employment sector is transportation.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.