Trenton, NJ (08618) is the perfect place for people looking to settle down in New Jersey. It offers a low cost of living with 2 bedroom rentals averaging $1,460 compared to the US average of $1430. Additionally, the Grocery Cost Index in Trenton is 102 versus 100 in the US, making it an affordable city to live in. Those who move to this area will find plenty of employment opportunities and well known businesses. Companies such as Capital Health Systems, The College of New Jersey and Cognizant Technology Solutions are all located here, providing job seekers with a variety of choices.
Trenton (zip 08618) has an unemployment rate of 9.5%. The US average is 6.0%.
Trenton (zip 08618) has seen the job market decrease by -4.1% 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 08618)
- The Sales Tax Rate for Trenton (zip 08618) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08618) 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 08618)
- The average income of a Trenton (zip 08618) resident is $24,072 a year. The US average is $37,638 a year.
- The Median household income of a Trenton (zip 08618) resident is $42,628 a year. The US average is $69,021 a year.