Trenton, NJ 08602 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Trenton, NJ — 08602
Median Listing Price
--
Population
--
Households
144,114
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
151K
units
Occupied
144,114
95.4%
Vacant
7,024
4.6%
2024 Tenure
144K
occupied
Owner
89,569
62.2%
Renter
54,545
37.8%
Renter Share
37.8%
-0.7% YoY
Total Housing Units
151,138
+0.4% YoY
FY2026 Fair Market Rent — Mercer County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,344
/month
1 BR
$1,545
/month
2 BR
$1,950
/month
3 BR
$2,338
/month
4 BR
$2,670
/month
FMR Trends — Mercer County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.5
2024
Population
Mercer County Population
392,138
+1.5% YoY
Households
Total Households
144,114
+1.9% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.56
-0.8% YoY
Age
2024 Age Mix
386K
residents
Under 18
84,828
22.0%
Adults 18–64
239,479
62.1%
65 & Over
61,557
16.0%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
84,828
+0.9% YoY
Population 65 & Over
61,557
+2.6% YoY
Median Age
39.50
+0.8% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.0%
Moved (within US)
10.9%
Other
1.1%
Veterans
3.4%
-5.6% YoY
County Economy
Income
Median Household Income
$101K
+4.5% YoY
Per-Capita Income
$54K
+3.2% YoY
Mean Household Income
$142K
+2.6% YoY
Poverty
Below Poverty Level
10.3%
-7.2% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
60.2%
Public transit
4.6%
Worked from home
19.5%
Other
15.7%
Worked From Home
19.5%
+9.6% YoY
Mean Commute
27.10
-1.8% YoY
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