Trenton, NJ (08638) is an excellent place to live with a number of local amenities and businesses. The two-bedroom rent in Trenton is slightly higher than the national average at $1,590, but this difference is offset by the lower grocery cost index of 101 compared to 100 nationally. There are several large companies in Trenton such as Arm & Hammer, Church & Dwight, and NRG Energy. There are also numerous restaurants for dining out, coffee shops for grabbing a quick bite to eat or drink, and plenty of retail stores for shopping. In addition, Trenton has a number of parks for outdoor recreation such as Cadwalader Park and Trimble Field for active pursuits like walking or jogging.
Trenton (zip 08638) has an unemployment rate of 6.2%. The US average is 6.0%.
Trenton (zip 08638) 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 08638)
- The Sales Tax Rate for Trenton (zip 08638) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 08638) 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 08638)
- The average income of a Trenton (zip 08638) resident is $29,225 a year. The US average is $37,638 a year.
- The Median household income of a Trenton (zip 08638) resident is $60,185 a year. The US average is $69,021 a year.