Trenton, NJ (08629) is a great place to rent an apartment, with current 2-bedroom rental prices averaging around $1,600. Although this is slightly higher than the US average of $1,430 per month, it's often worth the extra cost due to the city's close proximity to major metropolitan areas like Philadelphia and New York City. In addition, Trenton offers amenities such as a low Grocery Cost Index of 101 compared to the US average of 100. Local companies in 08629 Trenton include renowned organizations such as Capital Health System and Rutgers University-Camden Center for Arts and Sciences. Small businesses are plentiful in Trenton as well; popular local names include Taste of Italy Pizzeria and Hoagie Haven.
Trenton (zip 08629) has an unemployment rate of 9.5%. The US average is 6.0%.
Trenton (zip 08629) 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 08629)
- The Sales Tax Rate for Trenton (zip 08629) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08629) 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 08629)
- The average income of a Trenton (zip 08629) resident is $24,949 a year. The US average is $37,638 a year.
- The Median household income of a Trenton (zip 08629) resident is $73,054 a year. The US average is $69,021 a year.