Camden, MI is an attractive area for residents looking for affordability. The average two bedroom rent in the city is $850, which is much lower than the national average of $1,430. Not only that, but groceries are also more affordable with a grocery cost index of 95 compared to 100 in the US. Residents can enjoy a variety of activities and businesses in Camden too, as there are many local companies like Camden ATM Services, Camden Pharmacy Center, and Camden Electric Co., as well as recreation centers such as the Holywell Park and Luke's Swimming Pool. With its affordable costs and range of activities and businesses, it's no wonder why so many people choose to live in Camden.
Camden has an unemployment rate of 5.4%. The US average is 6.0%.
Camden has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Camden
- The Sales Tax Rate for Camden is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Camden is 4.3%. 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 $19,930 a year. The US average is $37,638 a year.
- The Median household income of a Camden resident is $53,438 a year. The US average is $69,021 a year.