Quick facts: Camden, AR

Quick Facts

92.7
Cost of Living
below US average
10,298
Population
47.58
Crime Rate per 1000
above US average
$48,302
Median Income
below US average
$119,500
Median House Price
above US average
$1000.0
Average Rent
below US average
19%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $48,302.

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Income Needed to Buy

βœ“ Affordable
$37k/year
Based on $119,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($48,302) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$43k/year
Based on $1000.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($48,302) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Camden, AR

Camden, Arkansas, located in the south-central part of the state, serves as a historic and economic hub for Ouachita County. Known for its rich history dating back to the mid-19th century, Camden offers various cultural attractions, including the historic downtown district, which features preserved architecture and local boutiques. The city sits on the banks of the Ouachita River, providing scenic views and outdoor recreational opportunities. Residents and visitors can enjoy activities like fishing, boating, and hiking in nearby state parks such as Crater of Diamonds State Park, where diamonds can be found. Camden has a vibrant community life, hosting annual events like the Camden Trade Days and the Apple Festival, showcasing local crafts and agriculture. The city's economy is historically rooted in timber and transportation, with industries diversifying in recent years. Local schools and community programs contribute to a strong sense of community and support for families. Overall, Camden combines small-town charm with a rich Southern culture, making it an appealing destination for those interested in history, nature, and outdoor activities.

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