Total monthly cost of ownership
Cost to Own a Home in Camden, Tennessee
A $124,000 home here costs
$1,121per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $48,000 a year.
A standard mortgage calculator would have told you $676. The real number is $445 higher every month, 66% more than the payment most buyers budget for.
Compare Benton County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Camden from a five-year rolling sample, and with about 3,664 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Benton County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Camden against Benton County and Tennessee
| Measure | Camden | Benton County |
|---|---|---|
| Median home value | $123,600 | $123,400 |
| Median property tax | $798 | $717 |
| Effective tax rate | 0.646% | 0.581% |
| Median gross rent | $820 | $788 |
| Population | 3,664 | 15,948 |
The weather behind that power bill
Camden sits in Benton County, which averages a high of 89.5°F in its hottest month and a low of 28.3°F in its coldest, with 51.64" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,732 cooling and 3,526 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Benton County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Benton County
No other places of this size are published in Benton County.
Full Benton County cost breakdown · Every county in Tennessee
Talk to someone who works this market
These are Camden averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Camden every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Camden I already own here and may sell
Common questions
How much does it cost to own a home in Camden?
A $124,000 home in Camden, Tennessee costs approximately $1,121 per month with 20% down at 7.24%. That is $676 principal and interest, $67 property tax, $52 homeowners insurance, $223 utilities and $103 set aside for maintenance.
What is the property tax rate in Camden?
Camden has an effective property tax rate of 0.646%, based on a median home value of $123,600 and median real estate taxes of $798. That is higher than the Benton County average of 0.581%.
What is the average home price in Camden?
The median owner-occupied home value in Camden, Tennessee is $123,600, against $123,400 across Benton County.
Is it cheaper to rent or buy in Camden?
Median gross rent in Camden is $820 a month, against $1,121 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Camden?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Camden, Tennessee at today's rate takes a household income of roughly $48,000 a year. That covers the full $1,121 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Camden, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Tennessee.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.