Zip 58853 (Trenton, ND) Economy


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Trenton, North Dakota is a small rural city with a population of 58853. It is known for its low cost of living, and has an average two bedroom rent of just $1,040. This is significantly lower than the US average of $1,430. The Grocery Cost Index in Trenton is also very favorable at 93 versus 100 in the US. As such, Trenton offers households a great opportunity to save money on monthly expenses. In terms of local businesses, there are many options available in Trenton including the Bank of North Dakota, Lignite Energy Council Inc., First International Bank & Trust and Quality Healthcare Solutions Inc. All these companies offer competitive salaries to their employees which allows them to enjoy the benefits of living in Trenton while still earning a comfortable income. With its low cost of living and great selection of local businesses, Trenton is a great place to live and work for those looking for an affordable lifestyle.

Trenton (zip 58853) has an unemployment rate of 9.0%. The US average is 6.0%.

Trenton (zip 58853) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 1.2%, which is lower than the US average of 33.5%.

Tax Rates for Trenton (zip 58853)
- The Sales Tax Rate for Trenton (zip 58853) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Trenton (zip 58853) is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Trenton (zip 58853)
- The average income of a Trenton (zip 58853) resident is $38,618 a year. The US average is $37,638 a year.
- The Median household income of a Trenton (zip 58853) resident is $84,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrenton, North DakotaUnited States
  96
  -14.6%-6.2%
  1.2%33.5%
  6.0%6.2%
  2.0%4.6%
  $38,618$37,638
  $84,125$69,021
  $86,607$85,028
  Population by Occupation
  2.7%1.2%
  3.9%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  3.5%11.0%
  3.1%4.8%
  0.0%0.8%
  2.3%1.9%
  0.0%4.7%
  10.5%1.9%
  1.2%7.6%
  0.0%0.1%
  0.0%4.2%
  14.8%9.3%
  21.5%14.0%
  5.5%2.1%
  9.8%7.0%
  7.4%4.8%
  13.7%4.7%
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