Camden, AL is an affordable place to live. The average rent for a two bedroom apartment in the area is $870 per month, which is significantly less expensive than the national average of $1,430. Grocery costs are also more affordable here than in other parts of the country as evidenced by the grocery cost index being 93 compared to 100 in the US. Located near Mobile Bay, Camden is home to many businesses such as Foshee-Yeager Construction Company, Southern Contracting Services Corporation, and C&F Distributing Company. Camden residents can enjoy an affordable lifestyle without sacrificing access to local commerce.
Camden has an unemployment rate of 11.6%. The US average is 6.0%.
Camden has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Camden
- The Sales Tax Rate for Camden is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Camden is 5.0%. 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 $18,553 a year. The US average is $37,638 a year.
- The Median household income of a Camden resident is $40,670 a year. The US average is $69,021 a year.