Is Trenton, New Jersey a Good Place To Live? - Living In Trenton, NJ
Is Trenton, New Jersey a good place to live?
Trenton is a city in New Jersey state in USA with a population of 83387 residents..
The poverty rate of Trenton is 27.2%, which is 94% higher than national average.
The typical household in Trenton earns $37002 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 58.2% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Trenton are struggling financially. Nearly one in every 1 in every 10 workers in Trenton is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Trenton, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Trenton remained 10.3%, which is 119% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Trenton, only 14% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Trenton is 97, which is 3% lower than national average. Median home value in Trenton is $97000 , which is 58% lower than national average. While median income in Trenton remained $37002, which is 45% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Trenton, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Trenton remained 10.3%, which is 119% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Trenton, only 14% of adults have a bachelor's degree and 24% have some college but no degree.
Cost of living in Trenton is 97, which is 3% lower than national average. Median home value in Trenton is $97000 , which is 58% lower than national average. While median income in Trenton remained $37002, which is 45% lower than national average.
Population
83387
Unemployment
10.3%
Poverty
27.2%
Overall Score
3
Median Home Cost
$97000
58%
NAT AVG.
Median Income
$37002
45%
NAT AVG.
Median Rent
$1085
6%
NAT AVG.
Cost Of Living
97
3%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 10
People Earning < $10,000
1 in 6
People Earning < $50,000
58.2%
People with <= High School
1 in 1.6
People With Any Degree
1 in 5.3
Pros & Cons Overview
Jobs40%
Housing70%
Affordability60%
Safety40%
Amenities100%
Diversity95%
Education40%
Commute70%
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