New Trenton, IN is a small rural town in Dearborn County with a population of around 47035. It is situated in Eastern Indiana and known for its low cost of living. The average 2 bedroom rent is $940 compared to $1,430 nationally. Groceries are also cheaper in New Trenton with an index of 95 versus 100 in the US. \nThe area is home to some local businesses such as Tomato Patch Market, Schnell’s Auto Repair, and King’s Hardware & Paint. All these businesses offer residents quality goods and services at reasonable prices. Overall, New Trenton offers a great balance between high quality amenities at an affordable price point making it an ideal location for individuals looking for a peaceful place to call home without breaking the bank.
New Trenton (zip 47035) has an unemployment rate of 4.1%. The US average is 6.0%.
New Trenton (zip 47035) 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 (zip 47035)
- The Sales Tax Rate for New Trenton (zip 47035) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Trenton (zip 47035) 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 (zip 47035)
- The average income of a New Trenton (zip 47035) resident is $25,387 a year. The US average is $37,638 a year.
- The Median household income of a New Trenton (zip 47035) resident is $0 a year. The US average is $69,021 a year.