Camden, NJ is a city in Camden County located just across the Delaware River from Philadelphia. With a population of approximately 74,000 residents, Camden is a growing city with plenty to offer. Rent for two bedroom apartments in Camden is slightly lower than the US average at $1,310 compared to $1,430 in the US as a whole. Grocery prices are also lower, with an index of 99 versus 100 for the US. Notable local companies in Camden include Subaru of America, Holtec International and American Water Works Company. Residents enjoy easy access to Philadelphia and its many attractions as well as an array of great restaurants and other amenities Camden has to offer.
Camden has an unemployment rate of 14.4%. The US average is 6.0%.
Camden 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 17.0%, which is lower than the US average of 33.5%.
Tax Rates for Camden
- The Sales Tax Rate for Camden is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Camden 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
- The average income of a Camden resident is $13,597 a year. The US average is $28,555 a year.
- The Median household income of a Camden resident is $30,247 a year. The US average is $69,021 a year.