Here's what it costs to live in Trenton, New Jersey, based on the latest US government data. Renters pay a median of $1,224 per month, while the typical home is valued around $122,500. Households earn a median of $47,102 per year, so rent absorbs a relatively high share of local income. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$47,102
Annual · Census ACS
Median Gross Rent
$1,224
Per month · Census ACS
Median Home Value
$122,500
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,344
HUD Fair Market Rent
1BR Fair Market Rent
$1,545
HUD FMR
2BR Fair Market Rent
$1,950
HUD FMR
3BR Fair Market Rent
$2,338
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
10.75%
Top marginal rate
State Sales Tax
6.63%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
89,966
Latest estimate
Median Age
35.4 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Trenton?
The cost of living index for Trenton is not yet available in our database.
What is the median rent in Trenton?
The median gross rent in Trenton is $1,224 per month according to US Census ACS data.
What is the median household income in Trenton?
The median household income in Trenton is $47,102 per year.
What is the median home value in Trenton?
The median home value in Trenton is $122,500 based on the latest Census ACS survey.
How is the air quality in Trenton?
Air quality data for Trenton is not yet available.
What are the taxes like in Trenton?
New Jersey has a top state income tax rate of 10.75% and a statewide sales tax of 6.63% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology