Zip 08608 (Trenton, NJ) Economy


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Trenton, New Jersey (08608) has a wealth of local businesses to be found in the area. These include companies such as W.T. Weaver & Sons, an industrial supply company; The Coriale Group, a real estate development firm; and NJ Technology Solutions, an IT services provider.
When it comes to rent prices for two-bedroom apartments in Trenton, NJ (08608), the average cost is $1,520 compared to the U.S. overall rate of $1,430. Additionally, the Grocery Cost Index in this area is 96 compared to 100 for the U.S., making it slightly more affordable than other places in the country.

Trenton (zip 08608) has an unemployment rate of 9.5%. The US average is 6.0%.

Trenton (zip 08608) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Trenton (zip 08608)
- The Sales Tax Rate for Trenton (zip 08608) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08608) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Trenton (zip 08608)
- The average income of a Trenton (zip 08608) resident is $12,450 a year. The US average is $28,555 a year.
- The Median household income of a Trenton (zip 08608) resident is $20,990 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrenton, New JerseyUnited States
  9.56
  -4.1%-6.2%
  25.3%33.5%
  6.6%6.2%
  5.5%4.6%
  $18,977$37,638
  $20,990$69,021
Family Median Income 85028
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