In Camden, Arkansas (71701), the average 2-bedroom rent is $660 per month, significantly lower than the US average of $1,430. Similarly, the local grocery cost index is 92 versus 100 for the US. This makes Camden an affordable city to live in for those looking for a comfortable lifestyle on a budget. Local companies in Camden include Harrell Lumber Company, SouthArk Supply Company, and Hamilton Furniture Co., all of which offer quality products at affordable prices. There are also numerous restaurants in the area catering to diverse palates. In short, Camden offers an inviting atmosphere with plenty of resources to help residents live comfortably without spending too much money.
Camden (zip 71701) has an unemployment rate of 4.5%. The US average is 6.0%.
Camden (zip 71701) 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 (zip 71701)
- The Sales Tax Rate for Camden (zip 71701) is 11.3%. The US average is 7.3%.
- The Income Tax Rate for Camden (zip 71701) 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 (zip 71701)
- The average income of a Camden (zip 71701) resident is $19,427 a year. The US average is $28,555 a year.
- The Median household income of a Camden (zip 71701) resident is $44,280 a year. The US average is $69,021 a year.