Trenton, Missouri is a small town with an estimated population of 8,281 and located about 80 miles northeast of Kansas City. The cost of living in Trenton is quite affordable; the average rent for a two bedroom apartment is only $850, while the average two bedroom rent in the US is $1,430. In addition, groceries are significantly cheaper in Trenton than the national average; its Grocery Cost Index is 94 compared to 100 for the US.
Trenton offers its residents both small-town living with easy access to larger cities. Local companies include Nodaway Valley Bank, Lone Star Industries Inc., L & K Buildings/L&K Finishes, Golden Valley Memorial Healthcare, and Skiles Realty Services LLC. There are also numerous churches, schools and other local organizations that make Trenton an attractive place to live and work.
Trenton has an unemployment rate of 3.4%. The US average is 6.0%.
Trenton has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Trenton
- The Sales Tax Rate for Trenton is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Trenton is 5.9%. 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 $17,875 a year. The US average is $28,555 a year.
- The Median household income of a Trenton resident is $46,100 a year. The US average is $69,021 a year.