Camden township, MI is an affordable place to live due to its low rent rates. The average two bedroom rent in Camden township, MI is $840 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Camden township is 93 compared to 100 in the US. This makes it a great place for those looking to save money without sacrificing amenities. There are many local companies that make Camden township a desirable place to live such as Walmart, Lowe's Home Improvement Store and Kroger Grocery store. With all these amenities and more combined with low rental rates, Camden township is an ideal place for people looking for affordability.
Camden township has an unemployment rate of 5.4%. The US average is 6.0%.
Camden township 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 township
- The Sales Tax Rate for Camden township is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Camden township 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 township
- The average income of a Camden township resident is $15,269 a year. The US average is $28,555 a year.
- The Median household income of a Camden township resident is $46,324 a year. The US average is $69,021 a year.