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Trenton

Learn about the people, housing, costs and businesses in Trenton, Maine

Median Home$312,500
Median Rent$1,159/month
Population1,619
Leading IndustriesArts, Food & Hospitality · Healthcare · Education13% arts, food & hospitality
Home Value Growth⬆⬆+16.8% over 2 years
Retirees27% of residentswell above average
Homeowners79% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Trenton
ME

Frequently Asked Questions

What are today's mortgage rates in Trenton?

As of today, the 30-year fixed mortgage rate for Trenton is approximately 6.940% (6.986% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Trenton?

The median home value in Trenton is $313k. The median monthly rent is $1,159. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Trenton?

Home values in Trenton have increased 16.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Trenton?

Based on a typical all-in ownership cost of $1,110/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trenton is $75k/year.

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What industries drive the economy in Trenton?

The largest employment sectors in Trenton are public administration (23%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.