Camden, AR is a great place to live and work. The city has a population of around 11,000 people and is situated in Ouachita County. It offers an affordable cost of living with two-bedroom rentals averaging at $660 compared to the US average of $1,430. Groceries are also more affordable here with a grocery cost index of 92 compared to 100 in the US. There are plenty of local businesses to shop at such as Walmart, Dollar General, and Coughlin's Hardware Store. The local economy supports many industries including retail, manufacturing, healthcare and education. Camden is a great place for anyone looking for an affordable cost of living without sacrificing quality amenities and services.
Camden has an unemployment rate of 4.5%. The US average is 6.0%.
Camden has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Camden
- The Sales Tax Rate for Camden is 11.3%. The US average is 7.3%.
- The Income Tax Rate for Camden is 6.9%. 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 $17,891 a year. The US average is $28,555 a year.
- The Median household income of a Camden resident is $42,348 a year. The US average is $69,021 a year.