Trenton, NJ (08628) is an ideal place to live given the reasonable rent prices and cost of living. The two bedroom rent rate in Trenton is $1,820, compared to the US average of $1,430. The grocery cost index in Trenton is 104 which is higher than the US average of 100 but still affordable. There are also many local companies and employers to work for such as Bristol-Myers Squibb, Robert Wood Johnson University Hospital and Capital Health Systems. Other employers include Trenton Public Schools, Spire Global Inc., Capital City Worldwide Transportation, Mercer County Government and Princeton Healthcare System. With a variety of employment opportunities, Trenton is a great place to live and work.
Trenton (zip 08628) has an unemployment rate of 6.2%. The US average is 6.0%.
Trenton (zip 08628) 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 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Trenton (zip 08628)
- The Sales Tax Rate for Trenton (zip 08628) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08628) 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 08628)
- The average income of a Trenton (zip 08628) resident is $47,440 a year. The US average is $37,638 a year.
- The Median household income of a Trenton (zip 08628) resident is $87,579 a year. The US average is $69,021 a year.