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 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.
Cost of living in Trenton is 97, which is 3% lower than national average.
In Trenton, only 14% of adults have a bachelor's degree and 24% have some college but no degree.
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.