New Trenton, IN is a vibrant community located in the state of Indiana. It offers affordable living cost compared to other cities in the US. The average two bedroom rent in New Trenton is $970 while the US average is $1,430 per month. The Grocery Cost Index for New Trenton (96) is lower than the US index (100).
Some of the local companies that call New Trenton home are Lander’s Electric Supply Company, Brubaker Trucking Equipment, and Krueger Electrical Services. These companies contribute to the local economy by providing jobs for residents and services for businesses in the area. There are also many small businesses located throughout New Trenton that offer a variety of goods and services.
New Trenton has an unemployment rate of 4.1%. The US average is 6.0%.
New Trenton has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for New Trenton
- The Sales Tax Rate for New Trenton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Trenton is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Trenton
- The average income of a New Trenton resident is $28,003 a year. The US average is $37,638 a year.
- The Median household income of a New Trenton resident is $0 a year. The US average is $69,021 a year.