Located in Camden, New Jersey (08105), the average 2 Bedroom rent in this area is $1,360 which is slightly lower than the US average of $1,430. The cost of groceries is also slightly lower as the Grocery Cost Index for this area is 99 compared to 100 in the US. Camden has always been an economically diverse city and is host to a variety of local businesses such as Campbell's Soup Company, Subaru of America, Philadelphia Energy Solutions and NFI Industries Inc. Residents can enjoy various attractions like Adventure Aquarium and the Camden Children’s Garden.
Camden (zip 08105) has an unemployment rate of 14.4%. The US average is 6.0%.
Camden (zip 08105) 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 08105)
- The Sales Tax Rate for Camden (zip 08105) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Camden (zip 08105) 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 08105)
- The average income of a Camden (zip 08105) resident is $13,963 a year. The US average is $28,555 a year.
- The Median household income of a Camden (zip 08105) resident is $36,274 a year. The US average is $69,021 a year.