Camden County Income Charts

This section shows the Camden County New Jersey economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Camden County depicts it has a Median earnings of $58,485 which is in the mid range of other counties in the metropolitan area. The county with the highest median earnings per worker in the area is Burlington County which shows a median earnings of $67,768 (15.9% larger). Comparing median earnings per worker to the United States average of $53,269, Camden County is 9.8% larger. Also, compared to the state of New Jersey, median earnings per worker of $66,099, Camden County is about 13.0% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $75,485 which is in the mid point range of other counties in the greater region. The county with the highest median household income in the area is Burlington County which shows a median income of $95,935 (27.1% larger). Comparing median household income to the United States average of $69,021, Camden County is 9.4% larger. Also, in comparison with the state of New Jersey, median household income of $89,703, Camden County is about 18.8% smaller.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 38.1 which is the second smallest when sorted by average hours of all the other counties in the greater region. The county with the highest average hours in the area is Burlington County which depicts an average hours of 38.9 ( only slightly larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $29.52 which is in the middle range of other counties in the greater region. The county with the highest average hourly earnings in the area is Burlington County which depicts an average hourly earnings of $33.50 (13.5% larger). Comparing average hourly earnings to the United States average of $26.40, Camden County is 11.8% larger. Also, compared to the state of New Jersey, average hourly earnings of $33.02, Camden County is about 11.8% smaller.

Figure 7 examines the number of self employed people in the Camden County metro area based on the number of people who reported any self employment income. Camden County depicts it has a Self Employed of 8.9% which is in the intermediate range of other counties in the surrounding region. The county with the highest percentage of people self employed in the area is Delaware County which shows a percentage self employed of 9.5% (6.8% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the mid point range of other counties in the local area at $78,987 of the total. Second, it has in the center range of other counties in the metro area when sorted by median income-25 to 44 years at $92,958 of the total. Third, it has less than most other counties in the area in order of median income-45 to 64 years at $53,773 of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 21.8% which is the second smallest when ranked by households with retirement income of all the other counties in the metro area. The county with the highest households with retirement income in the area is Salem County which shows a households with retirement income of 29.5% (34.8% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income in the mid point range of other counties in the metropolitan area at $110,523 of the total. Second, it has one of the largest proportions of white family income at $65,477 of the total and is ranked #3. Only #2 Gloucester County ($79,219), and #1 Burlington County ($95,498) are larger. Third, it has one of the largest proportions of black family income at $84,107 of the total and is ranked #3. Only #2 Salem County ($95,000), and #1 Burlington County ($116,402) are larger. Also, it has one of the largest proportions of american indian family income at $106,270 of the total and is ranked #3. Only #2 Gloucester County ($121,513), and #1 Burlington County ($138,718) are larger. In addition, it has one of the largest proportions of asian family income at $24,375 of the total and is ranked #2. The only larger county being Philadelphia County with $39,608. Furthermore, it has in the middle range of other counties in the local area in terms of hawaiian family income at $53,889 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Camden County shows it has the hightest cost of 135.9 for the cost of utilities grouping.

Camden County Labor Force Charts

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the COVID-19 Pandemic it went from 5.4% to 4.1% in December 2019. This represents a decrease in the monthly unemployment rate of 24.1%. Since that time, the monthly unemployment rate has gone to 4.1%. This represents an increase in the monthly unemployment rate of very little. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. The monthly labor force participation indicates that from January 2017 to before the Coronavirus Pandemic it went from 252,860 to 255,265 in November 2019. This represents an increase in the monthly labor force participation of very little. Since that time, the monthly labor force participation has gone to 255,265. This represents an increase in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Camden County shows it has a Unemployment Rate of 4.7% which is the third most unemployment rate of all other counties in the greater Camden County region. The county with the highest unemployment rate in the area is Philadelphia County which depicts a rate of 5.6% (17.9% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Camden County shows it has a Labor Force Participation of 66.3% which is the third most of all other counties in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Camden County depicts full time employees approximately 3.6 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Camden County area. Camden County depicts it has a Single Earner Families of 27.3% which is in the mid range of other counties in the greater region. The county with the highest families with a single earner in the area is Salem County which depicts a single earners rate of 30.4% (11.2% larger). The percentage of families with no one working is depicted in Figure 22. Camden County depicts it has a Families with No One Working of 13.7% which is the smallest in terms of families with no one working of all the other counties in the greater region. The county with the highest families with no one working in the area is Salem County which depicts a families with no worker of 18.0% (31.1% larger).

Camden County Poverty Charts

The next section details economy analysis about poverty for residents of the Camden County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Camden County shows it has a Total In Poverty of 63,013 which is the second most of all the counties in the area. The county with the highest total people earning less than the poverty level in the area is Philadelphia County which depicts a total people earning less than the poverty level of 354,643 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Camden County shows it has a Percent of Population In Poverty of 12.3% which is in the middle range of other counties in the local area. The county with the highest percent of people earning less than the poverty level in the area is Philadelphia County which shows a percent of people in poverty of 22.8% (about twice as large).

In Figure 25 people who are in poverty are broken out by age group. Camden County has the largest proportion of person in poverty under 12 years at 11% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 35 to 54 years at 11% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Camden County has the largest proportion of black poverty rate at 45% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Camden County has one of the largest proportions of unmarried female with children and in poverty at 23% of the total and is ranked #3. Only #2 Atlantic County (28%), and #1 Philadelphia County (28%) are larger. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Camden County shows it has a Public Assistance Percent of 13.0% which is in the middle range of other counties in the local area. The county with the highest households with public assistance in the area is Philadelphia County which depicts a households with public assistance of 26.9% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Camden County shows it has a Gini Index of 47.2% which is in the center range of other counties in the area.

Camden County Work Commute Charts

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Camden County has one of the largest proportions of people with commute time between 5 to 9 minutes at 12% of the total and is ranked #2. The only larger county being Atlantic County with 14%.

The average commute time is shown in Figure 37. Camden County depicts it has a Avg Commute Time of 28 which is less than most other counties in the local area. Figure 38 shows the difference between male versus female commuting time. Camden County shows average commute time in minutes for men 22.6% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Camden County has one of the largest proportions of 1 vehicle available at 43% of the total and is ranked #2. The only larger county being Gloucester County with 44%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Camden County shows it has a Work in city or place where live of 18% which is the third most people who both work and live in the same city of all other counties in the greater Camden County region. The county with the highest people who both work and live in the same city in the area is Philadelphia County which shows a people who both work and live in the same city of 76% (approximately 4.3 times bigger). Comparing people who both work and live in the same city to the United States average of 44%, Camden County is approximately half the size. Also, measured against the state of New Jersey, people who both work and live in the same city of 24%, Camden County is approximately three-fourths the size.

Camden County Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Camden County shows it has the hightest median earnings of $105,617 for the earnings-healthcare practitioners and tech occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Camden County depicts it has the hightest median earnings of $78,294 for the management, business, and financial occupations group. The table in Figure 48, shows Camden County employment data in terms of job categories and salary data.

Camden County Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Camden County depicts it has the hightest entrepreneurs of 47% for the self employed management, business, science, and arts businesses aggregate.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Camden County shows it has the hightest entrepreneurs of 30% for the self employed in professional, scientific, management, administrative services aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Camden County depicts it has a Self Employment Income of $45,981 which is in the mid point range of other counties in the local area. The county with the highest average annual self employment income in the area is Atlantic County which shows an average annual self employment income of $51,634 (12.3% larger). Comparing average annual self employment income to the United States average of $42,141, Camden County is 9.1% larger. Also, measured against the state of New Jersey, average annual self employment income of $51,981, Camden County is about 13.0% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Camden County indicates total number of self-employed men about twice as large as the total number of self-employed women.