Everything You Need to Know About the City of Trenton New Jersey

In 2017, Trenton, New Jersey had a population of 84.9k people with a median age of 34 and a median household income of $35,524 dollars. Between 2016 and 2017 the population of Trenton, NJ grew from 84,559 to 84,867, a 0.364 percent increase and its median household income grew from $34,412 dollars to $35,524 dollars, a 3.23 percent increase.

The population of Trenton, NJ is 48.6 percent Black or African American Alone, 36 percent Hispanic or Latino, and 13.1 percent White Alone. N/A% of the people in Trenton, NJ speak a non-English language, and 81.5 percent are U.S. citizens.

The largest universities in Trenton, NJ are Thomas Edison State University (2,824 degrees awarded in 2017), Saint Francis Medical Center School of Nursing (37 degrees), and St Francis Medical Center-School of Radiologic Technology (9 degrees).

The median property value in Trenton, NJ is $95,900 dollars, and the homeownership rate is 37.2 percent. Most people in Trenton, NJ commute by Drove Alone, and the average commute time is 24.5 minutes. The average car ownership in Trenton, NJ is 1 car per household.

 

Education in Trenton

In 2017, universities in Trenton, NJ awarded 2,870 degrees. The student population of Trenton, NJ is skewed towards men, with 6,550 male students and 5,478 female students.

Most students graduating from Universities in Trenton, NJ are White (1,577 and 56 percent), followed by Unknown (522 and 18.5 percent), Black or African American (302 and 10.7 percent), and Hispanic or Latino (220 and 7.81 percent).

The largest universities in Trenton, NJ by the number of degrees awarded are Thomas Edison State University (2,824 and 98.4 percent), Saint Francis Medical Center School of Nursing (37 and 1.29 percent), and St Francis Medical Center-School of Radiologic Technology (9 and 0.314 percent).

The most popular majors in Trenton, NJ are Other Multidisciplinary Studies (486 and 16.9 percent), Liberal Arts & Sciences (386 and 13.4 percent), and Registered Nursing (377 and 13.1 percent).

The median tuition costs in Trenton, NJ are $N/A for private four-year colleges, and $7,300 dollars and $9,820 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Trenton

The economy of Trenton, NJ employs 34.3k people and Trenton has an unemployment rate of 6.3%. Trenton has seen the job market increase by 1.3% 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%. The largest industries in Trenton, NJ are Health Care & Social Assistance (5,053 people), Administrative & Support & Waste Management Services (3,840 people), and Retail Trade (3,869 people),  and the highest paying industries are Utilities ($59,919 dollars), Professional, Scientific, & Technical Services ($52,930 dollars), and Public Administration ($51,892 dollars).

Households in Trenton, NJ have a median annual income of $35,524 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $34,412 dollars in 2016, which represents a 3.23% annual growth.

 

Tax Rates for Trenton

– The Sales Tax Rate for Trenton is 6.6%.

– The Income Tax Rate for Trenton is 5.5%.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Trenton

– The average earnings of a Trenton resident are $17,021 dollars a year.

– The Median household earnings of a Trenton resident is $35,647 dollars a year.