Camden, NJ — income, home value, property tax, and sales tax.
In ZIP code 08009, near Camden, homes carry a median value of $317,900, and the county-level effective property tax rate of 2.83% translates into a yearly bill of roughly $9,000. Households here earn a median of $101,184, so that tax consumes close to nine percent of income before any mortgage payment. Per-capita income sits at $45,542, meaning individual earnings trail the household figure considerably. Add a combined sales tax of 6.62% on purchases, and the overall cost of living leans heavily on homeowners.
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