Trenton, NE is a small town with a population of approximately 2,000 people. The cost of living here is low compared to the US average, as two bedroom rent costs $820 in comparison to the US average of $1,430. The grocery cost index in Trenton is also lower than the US average at 90 versus 100 for the US. \nResidents of Trenton have access to local businesses such as Lucky’s Grocery Store, Johnson Family Pharmacy and Trenton Veterinary Clinic. All these businesses offer quality goods and services at great prices to meet their customers’ needs and demands. The low cost of living makes it easier for residents to afford basic necessities such as groceries and rent while still having enough money left over for recreational activities or entertainment.
Trenton has an unemployment rate of 2.4%. The US average is 6.0%.
Trenton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 10.8%, which is lower than the US average of 33.5%.
Tax Rates for Trenton
- The Sales Tax Rate for Trenton is 5.5%. 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 $14,462 a year. The US average is $28,555 a year.
- The Median household income of a Trenton resident is $42,344 a year. The US average is $69,021 a year.