Thinking about moving to Trenton?
You’ll be in good company. Between 2010 and 2016, more than -857 people have moved to Trenton, an increase of -1.0%. New residents are attracted to Trenton’s love of history, overall friendliness and walkability.
Living
Trenton is home to 84,056 Trentonians. With an area of 7.648 square miles, Trenton has a population density of 10,991 persons per square mile, which makes it more dense than many other cities of comparable size.
The Trenton, NJ Metropolitan Statistical Area boasts a population of 371,023 people, of which Trenton proper’s population makes up 23%.
Housing
Affordable housing is one of best things Trenton has going for it. The median home value in Trenton is $83,300, -58% below the US median value, according to Zillow. The median price per square foot in Trenton is $64. Over the past 5 years, home values in Trenton have increased by 1%.
Renters in Trenton will also have an easy time finding affordable housing. The median rent in Trenton is $1,271 per month, which is 11% lower than the US median. Over the past year, rental rates in Trenton have decreased by 4.9%.
Economy
The Trenton area economy is growing strong. The Trenton metro area’s GDP grew by 20% between 2011 and 2016, from $26.0 billion in 2011 to $31.2 billion in 2016, a total increase of $5.2 billion. The metro area has a per capita GDP of $84,100. According to the US Census Bureau, the median household income in Trenton is $72,804, 23% higher than the national median. Trenton’s unemployment rate is 3.8%.