Census Bureau data for Princeton from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Princeton
- What is the median household income in Princeton?
- The median household income in Princeton is $184,113 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Princeton?
- The poverty rate in Princeton is 4.5% (U.S. Census Bureau ACS 2023).
- What is the median home value in Princeton?
- $1,040,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Princeton?
- The median gross rent in Princeton is $2,448 per month (U.S. Census Bureau ACS 2023).
- What percentage of Princeton residents have a college degree?
- 84.6% of adults in Princeton hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
30,451
Median Income
$184,113
Median Home Value
$1,040,400
Poverty Rate
4.5%
Unemployment (ACS 2023)
4.5%
Median Age
27.0 yrs
Since 2019
Median Income:
+$46,441 (+33.7%)
Home Value:
+$174,200 (+20.1%)
Poverty Rate:
-0.9 pp (-16.7%)
Bachelor's+:
+3.6 pp (+4.4%)
Unemployment:
+1.2 pp (+36.4%)
Demographics
Total Population
30,451
Median Age
27.0
Female
49.9%
Race & Ethnicity
Hispanic or Latino 8.1%
White (non-Hisp.) 60.2%
Black 6.7%
Asian 20.0%
Two or More 7.6%
Other 1.7%
Asian Subgroups (% of total pop.)
Chinese
9.5%
Indian
4.2%
Korean
2.3%
Japanese
1.1%
Filipino
0.9%
Vietnamese
0.5%
Hispanic Subgroups (% of total pop.)
Mexican
1.6%
Puerto Rican
1.6%
Cuban
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$184,113
±$23,135
+$83,063 vs. state
Per Capita Income
$268,448
Median Family Income
$250,001
Poverty Rate
4.5%
-2.5 pp vs. state
Child Poverty Rate
3.9%
Working-Age Poverty Rate
—
SNAP Recipients
2.2%
Social Security Income
—
Retirement Income
18.1%
Household Income Distribution
< $10k
2.7%
$10–15k
2.6%
$15–25k
2.8%
$25–35k
2.7%
$35–50k
5.4%
$50–75k
7.6%
$75–100k
10.4%
$100–150k
10.1%
$150–200k
7.9%
$200k+
47.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
9,737
Owner-Occupied
56.0%
Renter-Occupied
44.0%
Vacancy Rate
7.5%
Median Home Value
$1,040,400
+$612,800 vs. state
Median Gross Rent
$2,448
Owner Cost Burden (30%+)
17.1%
Renter Cost Burden (30%+)
30.8%
Home Value Distribution
< $50k
0.9%
$50–100k
0.3%
$100–200k
1.2%
$200–300k
0.9%
$300–500k
3.5%
$500k–$1M
38.1%
$1M+
53.6%
Gross Rent Distribution
< $500
5.6%
$500–1k
7.7%
$1–1.5k
14.2%
$1.5–2k
12.6%
$2–2.5k
11.1%
$2.5–3.5k
9.6%
$3.5k+
39.2%
Vehicle Availability
No vehicle
14.3%
1 vehicle
32.4%
2 vehicles
40.7%
3+
12.6%
Housing Type
Single-fam. det.
53.1%
Single-fam. att.
18.1%
2–4 units
2.6%
5–19 units
3.1%
20+ units
13.6%
Housing Age
Pre-1940
24.4%
1940–1969
5.5%
1970–1999
7.3%
2000–2009
8.0%
2010+
12.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.1%
Bachelor's or Higher
84.6%
+41.7 pp vs. state
Graduate Degree
55.7%
Some College / Associate
6.0%
Less Than High School
1.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.5%
Unemployment Rate
4.5%
-1.7 pp vs. state
Work from Home
31.7%
Self-Employed
5.1%
Government Workers
8.6%
Private For-Profit
86.3%
Industry
Edu/Health
46.0%
Prof. Services
18.3%
Finance
9.9%
Manufacturing
5.4%
Retail
5.2%
Arts/Entmt.
5.1%
Information
3.2%
Construction
1.8%
Public Admin
1.4%
Transportation
1.2%
Wholesale
1.0%
Agriculture
0.1%
Occupation
Management
79.0%
Sales
10.2%
Food Prep
7.3%
Construction
1.9%
Production
1.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
24.1 min
Drove Alone
33.3%
Carpool
2.2%
Public Transit
6.7%
Work from Home
31.7%
Walked
20.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
9,002
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
58.8%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
30.2%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.9%
5–9
3.7%
10–14
8.6%
15–19
14.5%
20–24
16.3%
25–34
10.2%
35–44
8.5%
45–54
12.9%
55–64
5.4%
65–74
4.3%
75–84
7.2%
85+
3.9%
Under 18: 19.0%
Working age (18–64): 81.0%
65 and over: 12.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
29.9%
Naturalized Citizen
45.0%
Speaks English Less Than Very Well
10.3%
Foreign-Born Origin
Asia
52.1%
Europe
27.0%
Latin America
14.0%
Africa
3.4%
Veterans & Disability
Veteran
1.4%
With a Disability
6.1%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.2%
Uninsured
1.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.7%
Has a Computer
99.2%
Same House 1 Year Ago
76.5%
Moved from Abroad
3.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023