Trenton has been named the best place to retire in New Jersey, according to a recent ranking by U.S. News & World Report. The capital city also ranks 143rd on the list of best retirement destinations nationwide.
Trenton was the only spot in New Jersey to make the top 150 on U.S. News & World Report’s list.
Trenton’s affordability and amenities contributed to its strong reputation. The median home price in the city is $126,712 and the median monthly rent is $1,263. With a population of 106,290, Trenton has a small-city feel and access to cultural and historical landmarks.
The city’s median household income is $56,472 and median age is 37 years. However, the unemployment rate is still higher than the national average at 9.71%.
Trenton’s affordability and central location in the state make it an attractive option for retirees looking for a balance between convenience and cost of living.
For those considering retirement in New Jersey, Trenton’s ratings highlight its potential as an attractive option for the next chapter in life.
