Everything You Need to Know About the City of Camden New Jersey

In 2017, Camden, New Jersey had a population of 75.6k people with a median age of 29.9 and a median household income of $26,105. Between 2016 and 2017 the population of Camden, NJ declined from 76,005 to 75,550, a -0.599 percent decrease, and its median household income declined from $26,214 to $26,105, a -0.416 percent decrease.

The population of Camden, NJ is 48.5 percent Hispanic or Latino, 41  percent Black or African American Alone, and 5.92 percent White Alone. N/A% of the people in Camden, NJ speak a non-English language, and 90.5 percent are U.S. citizens.

The largest universities in Camden, NJ are Rutgers University-Camden (1,814 degrees awarded in 2017).

The median property value in Camden, NJ is $82,300, and the homeownership rate is 39.2 percent. Most people in Camden, NJ commute by Drove Alone, and the average commute time is 23.7 minutes. The average car ownership in Camden, NJ is 1 car per household.

 

Education in Camden

In 2017, universities in Camden, NJ awarded 1,814 degrees. The student population of Camden, NJ is skewed towards women, with 2,898 male students and 3,955 female students.

Most students graduating from Universities in Camden, NJ are White (1,077 and 60.3 percent), followed by Black or African American (260 and 14.6 percent), Hispanic or Latino (212 and 11.9 percent), and Asian (138 and 7.73 percent).

The largest universities in Camden, NJ by the number of degrees awarded are Rutgers University-Camden (1,814 and 100 percent).

The most popular majors in Camden, NJ are Registered Nursing (264 and 14.6 percent), General Business Administration & Management (249 and 13.7 percent, and Law (181 and 9.98 percent).

The median tuition costs in Camden, NJ are $N/A for private four-year colleges, and $11,619 dollars and $27,042 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Camden

The economy of Camden, NJ employs 26.4k people and Camden has an unemployment rate of 8.8 percent.  Camden has seen the job market increase by 0.3 percent over the last year. Future job growth over the next ten years is predicted to be 17.0 percent, which is lower than the US average of 33.5 percent. The largest industries in Camden, NJ are Health Care & Social Assistance (6,071 people), Manufacturing (2,552 people), and  Retail Trade (3,619 people), and the highest paying industries are Public Administration ($51,760 dollars), Utilities ($51,500 dollars), and Management of Companies & Enterprises ($42,875 dollars).

Households in Camden, NJ have a median annual income of $26,105 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $26,214 dollars in 2016, which represents a -0.416 percent annual growth.

 

Tax Rates for Camden

– The Sales Tax Rate for Camden is 6.6 percent.

– The Income Tax Rate for Camden is 5.5 percent. 

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Camden

– The average earnings of a Camden resident is $13,597 dollars a year. 

– The Median household earnings of a Camden resident is $26,201 dollars a year.