The typical owner-occupied home in Camden is worth about $155,200, 46% below the Tennessee median of $286,700 and 53% below the national median of $332,700. Owners pay a median $737 a year in property taxes, about 0.47% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $55,029 a year, so the median home costs 2.8 times the median income (4.1 times for Tennessee). 66% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Camden at a glance
| Camden | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $155,200 | $286,700 | $332,700 |
| Median property tax paid per year | $737 | $1,442 | $3,119 |
| Property tax as a share of value | 0.47% | 0.50% | 0.94% |
| Median household income | $55,029 | $69,595 | $80,734 |
| Homes lived in by their owners | 66% | 67% | 65% |
| Owner homes with a mortgage | 39% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,113 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 19.6% | 21.0% |
| Median rent | $749 | $1,189 | $1,413 |
| Rent as a share of renters' income | 29.1% | 29.5% | 30.6% |
| Median year homes were built | 1965 | 1987 | 1980 |
| Vacant homes | 6.2% | 10.2% | 10.1% |
| Population | 3,678 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Camden
At this week's average 30-year rate of 7.11%, buying the median Camden home of $155,200 with 20% down costs about $961 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,219, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $41,172 for the 20%-down payment. That payment is 21% of the median Camden household income of $55,029; at that income and 20% down, the 28% guideline points to a home of about $207,000.
The median rent here is $749 a month, so owning the median home costs about $212 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,040 |
|---|---|
| Loan amount | $124,160 |
| Principal and interest | $835 |
| Property taxes (0.47% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $961 |
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| Down payment | $5,432 |
|---|---|
| Loan amount | $152,389 |
| Principal and interest | $1,025 |
| Property taxes (0.47% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,219 |
Change the numbers in the calculator
Questions about home buying in Camden
What is the median home value in Camden?
About $155,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Camden?
Homeowners pay a median $737 a year, which is about 0.47% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Camden?
For the median home with 20% down at 7.11%, the payment is about $961 a month. Keeping that under 28% of gross income takes about $41,172 a year.
More about Camden
- Mortgage Refinance in Camden
- Debt Relief in Camden
- Home Equity Loans in Camden
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data