Property Tax & Income in Salem County, New Jersey
Salem County has an effective property tax rate of 2.93%. On the median home value of $239,500, that's roughly $7,018 per year. Median household income is $79,960.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Salem County | New Jersey (state context) |
|---|---|---|
| Effective property tax rate1 | 2.93% | 2.10% |
| Median home value1 | $239,500 | — |
| State income tax3 | top rate 10.75% | top rate 10.75% |
| State sales tax3 | 6.60% combined | 6.60% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Salem County, NJ
In Salem County, New Jersey, buying a home means weighing a lower purchase price against one of the state's steepest tax rates. The median home value sits at $239,500, well below what many New Jersey counties command, yet the effective property tax rate of 2.930% ranks first among all 21 counties and exceeds the statewide median of 2.098%. That combination yields a median annual tax bill of $7,018. With median household income at $79,960 and per-capita income of $40,283, the tax load consumes a meaningful share of earnings. Towns like Alloway, Deepwater, and Hancocks Bridge reflect the county's rural character. For buyers, the tradeoff is clear: cheaper homes upfront, but higher ongoing tax obligations than most New Jersey neighbors face.