Camden County · New Jersey · Northeast · 71k residents
Camden, NJ: economy, jobs & business costs
The site-selection read on Camden: labor costs, talent, corporate tax, energy, and business activity, with the New Jersey median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,364/wk. New Jersey's corporate income tax rate is 11.5%. Commercial electricity averages 14.6¢/kWh.
Compare Camden side by side
Avg. weekly wage
$1,364/wk
Corporate income tax
11.5%
Bachelor's degree or higher
10.1%
Commercial electricity
14.6¢/kWh
Economic momentum
How fast Camden's economy is moving, ranked against the US cities we track.
68/100
Heating
Ranks Camden's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $112,000 |
| Price per sq. ft. | $300 |
| Property tax rate | 2.2% |
| 1-bedroom rent | $930/mo |
| 2-bedroom rent | $1,171/mo |
| State & local income tax | 2.26% |
| Sales tax | 6.6% |
| Corporate income tax | 11.5% |
| Avg. weekly wage | $1,364/wk |
| Bachelor's degree or higher | 10.1% |
| Commercial electricity | 14.6¢/kWh |
| Businesses per 1k residents | 26.9/1k |
| Wage: Software developer | $133,040 |
| Wage: Registered nurse | $101,180 |
| Wage: General manager | $121,630 |
| Wage: Customer service | $47,070 |
| Wage: Warehouse worker | $36,800 |
| Wage: Heavy truck driver | $59,370 |
| Wage: Electrician | $74,590 |
| Wage: Retail salesperson | $34,810 |
| Cost of living index | 88 |
| Groceries index | 106 |
| Utilities | $180/mo |
| Transit pass | $100/mo |
| Gas price | $3.25/gal |
| Healthcare index | 103 |
| Childcare (per child) | $1,350/mo |
| Median household income | $40,546 |
| Unemployment rate | 4.5% |
| Population | 71k |
| Crime index | 25/100 |
| School rating | 8.3/10 |
| Walkability | 34/100 |
| Disaster risk | 93/100 |
| Avg. commute | 32 min |
| Sunny days / year | 205 days |
| July high | 89°F |
| January low | 28°F |
| Annual snowfall | 16 in |
| Home price YoY | -6.6% |
| Home price MoM | -1.3% |
| Rent YoY | +4.7% |
| Rent MoM | -0.4% |
| Employment (jobs) YoY | +0.6% |
| Building permits YoY | +50.0% |
| Ocean coast | 54 mi |
| Big lake | 140 mi |
| Mountains | 79 mi |
| Major airport | 7 mi |
| Ski resort | 79 mi |
Popular comparisons
Nearby
- Springdale, NJ · 15k
- Lindenwold, NJ · 22k
- Sicklerville, NJ · 45k
- Glassboro, NJ · 24k
- Trenton, NJ · 90k
Similar size
- Bayonne, NJ · 72k
- East Orange, NJ · 70k
- Passaic, NJ · 70k
- Lakewood, NJ · 70k
- Union City, NJ · 66k
Real listings in Camden
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Camden a good place to run a business?
- New Jersey's corporate income tax rate is 11.5%; average weekly wages in the surrounding labor market run $1,364/wk; commercial electricity averages 14.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Camden, NJ?
- Camden indexes at 88 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,171/mo and a acs median home value of $112,000.
- How much does a house cost in Camden?
- The acs median home value in Camden is $112,000 (Census ACS estimate; individual listings vary).
- How much is rent in Camden?
- A two-bedroom in Camden rents for about $1,171/mo.