It's no secret to ANYONE that times have been extremely tough lately. Inflation is causing everything from gas, clothes, and even groceries to skyrocket in price.

Think about how much you were paying back in 2021 verses what your bills look like now. My guess is you were doing A LOT better back then, weren't you? It's hard to make ends meet here in the Garden State for some families in 2023. So many have had to resort to government assistance in order to keep the train on the tracks.

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A recent survey named the poorest towns in New Jersey. The city of Salem took that award. Albeit, not an award that anybody in that town wanted to win. One of the reasons Salem was named the poorest town in New Jersey is because of all the government assistance being pumped into the town.

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Salem's median household income caps out at just under $50,000. Just to put that into perspective for you, the national average median income for a household is almost $70,000. The average individual income is just over $26,000. In today's world, that doesn't get you very far.

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That's why so many people within the town rely on programs like WIC (Special Supplemental Nutrition Program for Women, Infants, and Children), SNAP (Supplemental Nutrition Assistance Program), and others just to stay afloat.

As a matter of fact more people take advantage of the SNAP program in the city of Salem than 3x New Jersey's average.

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When you look at the numbers from that perspective, it's not as much of a shock to hear that Salem was given that title. There's a wide open range of space between the poorest people living within the Garden State and those with so much money that they don't know what to do with it.

Unfortunately, the current trends in inflation don't seem to favor those that are struggling.

Source: 247WallSt.com

You can't even buy a house for less than a million dollars in some NJ towns...

The Average Home Value in These 25 NJ Towns is Over $1 Million

As of October 2023

Gallery Credit: Chris Coleman

30 'poorest' neighborhoods in NJ

These ZIP codes in New Jersey have the highest percentage of households earning less than $25,000 in annual median income. The figures are based on 5-year data by the U.S. Census American Community Survey as of 2021.

Gallery Credit: New Jersey 101.5

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