Zip 08102 (Camden, NJ) Economy


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Camden, NJ 08102 is a bustling city situated along the Delaware River in northern New Jersey. It's known for its diverse population and vibrant culture. Local companies include Campbell Soup Company, Subaru of America, American Water and Holtec International. Camden also hosts several attractions such as Adventure Aquarium, Camden Children's Garden and Wiggins Park Marina. The average rent for a two-bedroom apartment in the area is $1,300 per month which is lower than the average cost of rent across the US ($1,430). Additionally, Camden has a relatively low grocery cost index at 99 compared to 100 in the United States.

Camden (zip 08102) has an unemployment rate of 14.4%. The US average is 6.0%.

Camden (zip 08102) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 17.0%, which is lower than the US average of 33.5%.

Tax Rates for Camden (zip 08102)
- The Sales Tax Rate for Camden (zip 08102) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Camden (zip 08102) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Camden (zip 08102)
- The average income of a Camden (zip 08102) resident is $12,240 a year. The US average is $28,555 a year.
- The Median household income of a Camden (zip 08102) resident is $27,442 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCamden, New JerseyUnited States
  14.46
  -5.8%-6.2%
  17.0%33.5%
  6.6%6.2%
  5.5%4.6%
  $17,475$37,638
  $27,442$69,021
  $26,850$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.2%6.8%
  12.7%10.0%
  4.8%2.5%
  15.5%11.0%
  4.1%4.8%
  1.6%0.8%
  2.9%1.9%
  2.6%4.7%
  1.1%1.9%
  2.3%7.6%
  0.0%0.1%
  2.6%4.2%
  7.0%9.3%
  15.8%14.0%
  0.4%2.1%
  10.5%7.0%
  9.7%4.8%
  2.1%4.7%
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