Camden is a city in New Jersey state in USA with a population of 73742 residents.. The poverty rate of Camden is 33.6%, which is 140% higher than national average. The typical household in Camden earns $28623 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 70.8% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Camden are struggling financially. Nearly one in every 1 in every 7 workers in Camden is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Camden, only 68% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Camden remained 13.9%, which is 196% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Camden, only 10% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Camden is 94, which is 6% lower than national average. Median home value in Camden is $82500 , which is 64% lower than national average. While median income in Camden remained $28623, which is 58% lower than national average.