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This question is about Camden, NJ.
What is a good salary in Camden, NJ?
A good salary in Camden, NJ is anything over $39,000. That's because the median income in Camden is $39,000, which means if you earn more than that you're earning more than 50% of the people living in Camden. The average salary in Camden is $44,717.
A good hourly wage in Camden is $18.75 per hour. That works out to a good weekly wage of $750 per week and a good monthly wage of $3,250 per month. However, using the median income is only one way to calculate a good salary in Camden.
Another way to calculate a good salary in Camden is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $84,000, a good salary in Camden would be $16,800.
Lastly, we can determine a good salary in Camden by looking at the cost of living and comparing it to the US average salary. The cost of living in Camden is 5% lower than than the national average. The national average salary is $56,310, so a good salary in Camden is anything over $53,494 by this measure.
Average Annual Salary in Camden, NJ
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $21,000 | $1,750 | $403 | $10.1 |
| 25th | $28,000 | $2,333 | $538 | $13.46 |
| Median | $39,000 | $3,250 | $750 | $18.75 |
| 75th | $55,000 | $4,583 | $1,057 | $26.44 |
| 90th | $73,000 | $6,083 | $1,403 | $35.1 |
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