Camden, ME 04843 is a beautiful coastal town situated in the heart of Maine. The cost of living here is relatively affordable with a two bedroom rental averaging $1,280 compared to the US average of $1,430. Goods and services are also comparatively cheaper with a Grocery Cost Index of 112 versus 100 in the US.
This makes Camden an attractive place to live for those who appreciate small town life with access to great outdoor activities such as sailing, kayaking, hiking and skiing. There are several local businesses which add to Camden’s charm including Camden National Bank offering financial services like mortgages and personal banking, Camden Harbor Inn offering boutique accommodations with stunning views of the harbor and Blue Pearl Farms providing fresh seafood from its sustainable lobster farm. All these businesses contribute to making this small town a great place to live.
Camden (zip 04843) has an unemployment rate of 5.6%. The US average is 6.0%.
Camden (zip 04843) 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 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Camden (zip 04843)
- The Sales Tax Rate for Camden (zip 04843) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Camden (zip 04843) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Camden (zip 04843)
- The average income of a Camden (zip 04843) resident is $40,624 a year. The US average is $28,555 a year.
- The Median household income of a Camden (zip 04843) resident is $84,123 a year. The US average is $69,021 a year.