Trenton, NJ — income, home value, property tax, and sales tax.
In ZIP code 08542, near Trenton, households earn a median of $105,524, while per-capita income reaches $72,582. With homes valued at $754,100 and a county property tax rate of 2.36%, annual property taxes can run well above $17,000 — a substantial claim on even a six-figure salary. Add the 6.62% combined sales tax on purchases, and everyday spending carries a noticeable premium. The earnings picture here supports a fairly comfortable standard of living, though housing costs absorb a large share of it, making homeownership the dominant line item in most local budgets.
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