Camden, AR Metro Area is a city with a relatively low cost of living in comparison to other areas. The average two bedroom rent in Camden is $740 per month compared to $1,430 nationally. The Grocery Cost Index is 91 compared to the US average of 100. This makes Camden an affordable place for many people to live. Local businesses include Arvest Bank, Diamond Lakes Federal Credit Union, Alltel Communications Inc., and South Arkansas Arboretum. These businesses provide the community with banking services, telecommunications services, and recreational activities such as hiking trails and educational programs on native plants and animals.
Camden Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
Camden Metro Area has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Camden Metro Area
- The Sales Tax Rate for Camden Metro Area is 10.6%. The US average is 7.3%.
- The Income Tax Rate for Camden Metro Area is 6.9%. The US average is 4.6%.
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Income and Salaries for Camden Metro Area
- The average income of a Camden Metro Area resident is $23,006 a year. The US average is $37,638 a year.
- The Median household income of a Camden Metro Area resident is $46,040 a year. The US average is $69,021 a year.