Groundwork

Real estate · Metro area · New Jersey

Real estate businesses in the Trenton-Princeton, NJ metro area

The real estate businesses in the Trenton-Princeton, NJ metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 74 out of 100: Upper middle

Ranked #23 of 387 scored metro areas
#2 of 3 scored metro areas based in New Jersey

Listings
491
40 chain locations (8%)
Official establishments
210
+12.9% since 2019
Household spending a year
$2.9B
On rent and homeowner costs · $20,218 a household
Housing spending per listing (U.S. = 100)
137
37% above the U.S.
Listings per 10k households
34.1
11% below the U.S.
Population, 2025
399,289
+3.3% since 2020

See the real estate businesses around any address in the Trenton-Princeton metro area

The site report maps the real estate businesses on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Trenton-Princeton metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Groundwork market score for real estate businesses in the Trenton-Princeton metro area is 74 (upper middle), #23 of 387 scored metro areas and #2 of 3 scored metro areas based in New Jersey. That puts it in the top 10% of metro areas for real estate businesses.

As of September 2026, map listings count 491 real estate businesses in the Trenton-Princeton metro area. Of those, 40 are chain locations, or 8%, against 6% across the U.S. That is 34.1 per 10,000 households, 11% below the U.S. rate of 38.5.

At $20,218 per household (21% above the U.S. average), households in the Trenton-Princeton metro area spend about $2.9B a year on rent and homeowner costs. Housing spending per office is 37% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money real estate businesses take in.

In 2023, official counts showed 210 businesses with payroll in the Trenton-Princeton metro area classed as real estate agents, property managers, mortgage lenders and inspectors, up 12.9% from 2019. That is one for every 686 households, against one for every 414 across the U.S. Since fiscal 2022, 3 SBA-backed loans worth $205K have gone to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Trenton-Princeton metro area. Between 2020 and 2025, the population of the Trenton-Princeton metro area grew 3.3%, in step with the U.S. (+3.1%).

How the Trenton-Princeton metro area compares

The same measures for New Jersey and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Real estate in Trenton-Princeton, NJ metro area compared with New Jersey and the U.S.
MeasureTrenton-Princeton metro areaNew JerseyU.S.
Listings per 10k households34.136.238.5
Housing spending per listing (U.S. = 100)137130100
Households per official establishment686595414
Official establishment growth, 2019–2023+12.9%+7.3%+15.8%
Population growth, 2020–2025+3.3%+3.0%+3.1%
Spending per household on rent and homeowner costs$20,218$20,430$16,661
Median household income$100,645$103,556$80,734
Groundwork market score7481

Official counts and lending

Businesses

Official establishments, 2019 to 2023
210+12.9% over the period
Employees, 2023
1,499
Annual payroll, 2023
$121.5M
One-person businesses, 2023
1,676Businesses with no payroll
Map listings, September 2026
49140 chain locations
Listings at the U.S. rate for this spending
673The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
3
Amount
$205K

SBA-backed loans to businesses classed as real estate agents, property managers, mortgage lenders and inspectors in the Trenton-Princeton metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Trenton-Princeton metro area

Population, 2025 estimate
399,289+3.3% since 2020
Households
144,114
Median age
40.4
Homes lived in by their owners
62%
Vehicles per household
1.6
Land area
225 sq. mi.
People per square mile
1,719
Median household income
$100,645+24.2% vs. 2015–2019, before inflation
Average household income
$142,372
Median home value
$377,700
Jobs located here
262,034
Daytime population
469,892Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Trenton-Princeton metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the real estate businesses on map listings by name and distance.

Or open the report at the center of the Trenton-Princeton metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Real estate across New Jersey

Every New Jersey market ranked →

The highest-scoring metro areas in New Jersey for real estate businesses, numbered among those based in New Jersey (a market based in another state is listed without a number), with the Trenton-Princeton metro area marked.

Top metro areas in New Jersey

Metro areas in New Jersey ranked for real estate businesses by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Allentown-Bethlehem-Easton, PA-NJ7790726.7160+3.0%#13 of 387
1Vineland, NJ7614326.6147+2.2%#17 of 387
2Trenton-Princeton, NJ7449134.1137+3.3%#23 of 387
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD638,31133.7131+1.4%#69 of 387
New York-Newark-Jersey City, NY-NJ5527,43737.1126+0.6%#131 of 387
3Atlantic City-Hammonton, NJ4177550.284+0.8%#275 of 387

Other business types in the Trenton-Princeton metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many real estate businesses are in the Trenton-Princeton, NJ metro area?

The Trenton-Princeton metro area has 491 real estate businesses on map listings as of September 2026. 40 of them (8%) are chain locations. The listings count real estate agents and brokers, property managers, mortgage brokers and lenders, and home inspectors. Official counts show 210 businesses with payroll classed as real estate agents, property managers, mortgage lenders and inspectors in 2023, up 12.9% from 2019. Official counts also show 1,676 one-person businesses without payroll.

How much do households in the Trenton-Princeton, NJ metro area spend on rent and homeowner costs?

About $2.9B a year, or $20,218 per household. That is 21% above the U.S. average (an index of 121, where 100 is the U.S. average). For the 491 real estate businesses on map listings, housing spending per office is 37% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money real estate businesses take in. It is estimated from the incomes of the 144,114 households in the Trenton-Princeton metro area and national spending patterns by income.

How does the Trenton-Princeton, NJ metro area compare with the U.S. for real estate businesses?

The Trenton-Princeton metro area has 34.1 real estate businesses per 10,000 households, 11% below the U.S. rate of 38.5. The index of housing spending per office is 137, where 100 is the U.S. At the national ratio of real estate businesses to household spending, the Trenton-Princeton metro area would have about 673, against 491 on map listings. There is one business with payroll in the industry for every 686 households, against one for every 414 across the U.S. The official count rose 12.9% from 2019 to 2023, against +15.8% for the U.S.

How fast is the Trenton-Princeton, NJ metro area growing?

Population estimates put the Trenton-Princeton metro area at 399,289 people in 2025, up 3.3% since 2020, in step with the U.S. (+3.1%). It has 144,114 households. The median household income in the Trenton-Princeton metro area is $100,645 a year, 25% above the U.S. median of $80,734. That rose 24.2% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Trenton-Princeton metro area scores 74 for real estate businesses (upper middle), #23 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Trenton-Princeton metro area. It maps the real estate businesses on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for real estate businesses · All 56 business types in the Trenton-Princeton metro area

Screening a site or an acquisition in the Trenton-Princeton metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Trenton-Princeton metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.