Gender
In Camden, the population consists of 33,882 males (46.81%) and 38,499 females (53.19%). Here are the primary highlights from the gender-based income distribution analysis:
- In Camden, the median income for all workers aged 15 years and older, regardless of work hours, was $24,291 for males and $16,779 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,615 for males and $35,606 for females.
- In Camden, the median income for all workers aged 15 years and older, regardless of work hours, was $24,291 for males and $16,779 for females.
- In Camden, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,615, while females earned $35,606, resulting in a 14% gender pay gap among full-time workers. This illustrates that women earn 86 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Camden.
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Race
In Camden, the population is predominantly Black or African American, constituting 42.87% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $34,750.
- In Camden, despite the Black or African American population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $42,878. This reveals that, while Black or African Americans may be the most numerous in Camden, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Camden, the median household income for the households where the householder is White increased by $7,987(28.72%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $27,809 in 2012 and $35,796 in 2022.
- In Camden, the median household income for the households where the householder is Black or African American decreased by $3,274(8.61%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $38,024 in 2012 and $34,750 in 2022.
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Year by year
Camden, NJ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Camden decreased by $3,773 (10.35%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 1,415 (from $31,019 to $32,434). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 2,016 (from $36,467 to $34,451).
- It then further increased to $96,889 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4893, it is evident that income distribution in Camden, NJ exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $46,958. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $15,272.
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