Trenton, KY is a small town located in Western Kentucky. It has a population of about 2,500 people and is known for its affordable rent and cost of living. The median two bedroom rent is only $920 which is far below the national average of $1,430. Additionally, the Grocery Cost Index in Trenton is 95 while the US index is 100, making groceries more affordable here as well. Local businesses include Tri-County Bank & Trust, Dalton's Truck Parts & Service, L&R Pharmacy and several other family-owned stores. While Trenton may be small in population, it offers big savings for those looking to relocate!
Trenton has an unemployment rate of 3.8%. The US average is 6.0%.
Trenton has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Trenton
- The Sales Tax Rate for Trenton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trenton is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Trenton
- The average income of a Trenton resident is $24,988 a year. The US average is $28,555 a year.
- The Median household income of a Trenton resident is $64,167 a year. The US average is $69,021 a year.