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Trenton

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

Median Home$233,400
Median Rent$894/month
Population2,732
Leading IndustriesWholesale Trade · Professional Services · Public Administration12% wholesale trade
Home Value Growth⬆⬆⬆+33.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$104k/year · top 15% nationally
Trenton
IL

Frequently Asked Questions

What are today's mortgage rates in Trenton?

As of today, the 30-year fixed mortgage rate for Trenton is approximately 7.043% (7.053% 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 $233k. The median monthly rent is $894. Annual property taxes average $4k. 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 33.7% 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 $1,134/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trenton is $104k/year.

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What industries drive the economy in Trenton?

The largest employment sectors in Trenton are public administration (26%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.