Quick facts: Camden, TN

Quick Facts

99.5
Cost of Living
below US average
3,659
Population
18.86
Crime Rate per 1000
below US average
$42,500
Median Income
below US average
$189,000
Median House Price
above US average
$1000.0
Average Rent
below US average
14%
Poverty Rate
above US average
4.5%
Unemployment Rate
above 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 $42,500.

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Income Needed to Buy

βœ— Stretch
$59k/year
Based on $189,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $59k vs median $42,500
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Income Needed to Rent

⚠ Stretch
$43k/year
Based on $1000.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $43k vs median $42,500
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Camden, TN

Camden, Tennessee, is a quaint town located in Benton County, situated near the shores of Kentucky Lake. Known for its rich history and beautiful natural landscapes, Camden serves as a gateway to outdoor activities such as fishing, boating, and hiking. The town has a population of approximately 3,500 residents, fostering a close-knit community atmosphere. Camden's historic downtown area features charming local businesses, antique shops, and eateries that reflect the town's southern hospitality. Key attractions include the beautiful Paris Landing State Park, which offers picturesque views, camping, hiking trails, and picnic areas, making it a popular spot for outdoor enthusiasts. The town also hosts annual events, such as the Camden in the Country Festival, which celebrates local culture and crafts. With its serene environment and recreational opportunities, Camden is an appealing destination for those seeking a slower-paced lifestyle amidst nature’s beauty. Overall, Camden, TN, embraces a small-town charm enriched by its natural surroundings and vibrant community spirit.

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