Trenton, MI is a great place to live with an estimated population of 20,008. The average two bedroom rent in Trenton is $1,090 which is lower than the U.S. average of $1,430. The Grocery Cost Index in Trenton is 95 compared to the national average of 100 - making living expenses more affordable for residents. Locally there are many great companies to work for such as Downtown Trenton Merchant's Association, Detroit Diesel Corporation, and Just Baked Cupcakes & Treats. There are plenty of economic opportunities available to people living in this area!
Trenton (zip 48183) has an unemployment rate of 5.6%. The US average is 6.0%.
Trenton (zip 48183) 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 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Trenton (zip 48183)
- The Sales Tax Rate for Trenton (zip 48183) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 48183) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Trenton (zip 48183)
- The average income of a Trenton (zip 48183) resident is $29,192 a year. The US average is $28,555 a year.
- The Median household income of a Trenton (zip 48183) resident is $69,220 a year. The US average is $69,021 a year.