Zip 08609 (Trenton, NJ) Economy


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Trenton, NJ 08609 is an exciting city with plenty to offer those looking for a place to call home. It has a wealth of local businesses and attractions that make it a desirable destination to live in. The average 2 bedroom rent in Trenton is $1,540 per month, which is slightly higher than the US average of $1,430. Grocery costs are also relatively high in Trenton as the Grocery Cost Index is 100 versus 100 in the US. There are many wonderful local companies in Trenton such as Wegmans Supermarket, Prudential Financial, and NJM Insurance Group who provide excellent services and products at competitive prices. Trenton truly provides something for everyone with its many cultural offerings and endless possibilities.

Trenton (zip 08609) has an unemployment rate of 9.5%. The US average is 6.0%.

Trenton (zip 08609) 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 08609)
- The Sales Tax Rate for Trenton (zip 08609) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08609) 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 08609)
- The average income of a Trenton (zip 08609) resident is $14,369 a year. The US average is $28,555 a year.
- The Median household income of a Trenton (zip 08609) resident is $41,718 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%
  $37,563$37,638
  $41,718$69,021
  $48,295$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.2%6.8%
  7.0%10.0%
  4.7%2.5%
  11.5%11.0%
  13.1%4.8%
  0.0%0.8%
  0.2%1.9%
  2.5%4.7%
  0.4%1.9%
  3.3%7.6%
  0.0%0.1%
  9.6%4.2%
  3.8%9.3%
  18.5%14.0%
  1.7%2.1%
  7.2%7.0%
  2.0%4.8%
  7.1%4.7%
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