Trenton, SD Economy


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Trenton, SD is a small city located in the Midwest region of the US. With a population of just under 2,000 people, Trenton is an affordable place to live and work. The average rent for a two bedroom apartment in Trenton is $880 which is lower than the national average of $1,430. Additionally, despite being a smaller city, local grocery costs are on par with those found across the nation at an index of 100. Trenton is home to several small businesses including Joe's Bakery & Cafe, Just Like Mom's Daycare, and Mitts Auto Repair Shop. All in all, Trenton offers a comfortable cost of living without compromising access to important amenities like local stores and businesses.

Trenton has an unemployment rate of 3.1%. The US average is 6.0%.

Trenton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Trenton
- The Sales Tax Rate for Trenton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Trenton is 0.0%. 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 $45,507 a year. The US average is $28,555 a year.
- The Median household income of a Trenton resident is $85,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrenton, South DakotaUnited States
  3.16
  -4.4%-6.2%
  29.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $35,118$37,638
  $85,000$69,021
  $85,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  16.7%10.0%
  25.0%2.5%
  6.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  18.8%7.6%
  0.0%0.1%
  0.0%4.2%
  4.2%9.3%
  29.2%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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