Camden, NJ County is a great place to live with its low cost of living. The average 2 bedroom rent is $1,470 which is lower than the US average of $1,430. Additionally, the grocery cost index in Camden is 103 versus 100 in the US. This means that groceries in Camden are slightly more expensive than they are on average in the US. There are many different companies located in Camden, such as Subaru of America, Campbell Soup Company, TD Bank and Holtec International. These businesses contribute to the economic growth of Camden and make it an attractive place to work and live. With its affordable housing prices and access to local businesses, Camden is an excellent choice for anyone looking for a place to call home.
Camden County has an unemployment rate of 8.0%. The US average is 6.0%.
Camden County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Camden County
- The Sales Tax Rate for Camden County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Camden County is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Camden County
- The average income of a Camden County resident is $30,667 a year. The US average is $28,555 a year.
- The Median household income of a Camden County resident is $75,485 a year. The US average is $69,021 a year.