Cost of Living in Trenton, NJ
Population: 89,966 • 2026 Data
$47,102
Median Household Income
-39% vs national
$1,224
Median Monthly Rent
-9% vs national
$122,500
Median Home Value
-64% vs national
10.5%
Unemployment Rate
Housing in Trenton
The median home value in Trenton, NJ is $122,500. Monthly rent for a typical unit averages $1,224, while total monthly housing costs (including utilities and insurance) average $1,224.
Rent-to-income ratio: 31.2%. This exceeds the recommended 30% threshold, indicating housing costs may be a burden for median-income households.
Income and Employment
The median household income in Trenton, NJ is $47,102. The unemployment rate stands at 10.5%, with a labor force of 40,501 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.