Census Bureau data for Princeton city 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 city
- What is the median household income in Princeton city?
- The median household income in Princeton city is $96,766 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Princeton city?
- The poverty rate in Princeton city is 3.7% (U.S. Census Bureau ACS 2023).
- What is the median home value in Princeton city?
- $310,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Princeton city?
- The median gross rent in Princeton city is $2,059 per month (U.S. Census Bureau ACS 2023).
- What percentage of Princeton city residents have a college degree?
- 28.3% of adults in Princeton city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
20,966
Median Income
$96,766
Median Home Value
$310,700
Poverty Rate
3.7%
Unemployment (ACS 2023)
2.0%
Median Age
32.0 yrs
Since 2019
Median Income:
+$29,562 (+44%)
Home Value:
+$125,500 (+67.8%)
Poverty Rate:
-3.5 pp (-48.6%)
Bachelor's+:
+3.1 pp (+12.3%)
Unemployment:
-2.1 pp (-51.2%)
Demographics
Total Population
20,966
Median Age
32.0
Female
49.4%
Race & Ethnicity
Hispanic or Latino 27.1%
White (non-Hisp.) 45.0%
Black 21.6%
Asian 3.8%
Two or More 12.3%
Other 7.6%
Asian Subgroups (% of total pop.)
Indian
0.8%
Chinese
0.7%
Filipino
0.3%
Japanese
0.3%
Korean
0.2%
Vietnamese
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
23.9%
Puerto Rican
1.1%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$96,766
±$5,268
+$20,474 vs. state
Per Capita Income
$106,845
Median Family Income
$103,383
Poverty Rate
3.7%
-6.8 pp vs. state
Child Poverty Rate
3.4%
Working-Age Poverty Rate
—
SNAP Recipients
3.8%
Social Security Income
—
Retirement Income
9.9%
Household Income Distribution
< $10k
3.0%
$10–15k
1.3%
$15–25k
3.0%
$25–35k
6.2%
$35–50k
7.2%
$50–75k
12.5%
$75–100k
21.4%
$100–150k
27.7%
$150–200k
10.8%
$200k+
6.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
7,033
Owner-Occupied
80.0%
Renter-Occupied
20.0%
Vacancy Rate
3.2%
Median Home Value
$310,700
+$50,300 vs. state
Median Gross Rent
$2,059
Owner Cost Burden (30%+)
20.6%
Renter Cost Burden (30%+)
37.7%
Home Value Distribution
< $50k
6.6%
$50–100k
0.8%
$100–200k
2.6%
$200–300k
30.8%
$300–500k
47.8%
$500k–$1M
5.8%
$1M+
0.5%
Gross Rent Distribution
< $500
3.7%
$500–1k
13.2%
$1–1.5k
16.7%
$1.5–2k
11.8%
$2–2.5k
38.5%
$2.5–3.5k
16.0%
Vehicle Availability
No vehicle
3.5%
1 vehicle
26.0%
2 vehicles
45.6%
3+
24.9%
Housing Type
Single-fam. det.
84.8%
Single-fam. att.
0.8%
2–4 units
1.5%
5–19 units
0.8%
20+ units
4.4%
Mobile home
6.0%
Housing Age
1940–1969
0.3%
1970–1999
5.5%
2000–2009
17.8%
2010+
42.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
90.9%
Bachelor's or Higher
28.3%
-4.8 pp vs. state
Graduate Degree
6.7%
Some College / Associate
23.2%
Less Than High School
3.4%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
75.4%
Unemployment Rate
2.0%
-3.1 pp vs. state
Work from Home
12.1%
Self-Employed
3.3%
Government Workers
13.6%
Private For-Profit
82.9%
Industry
Edu/Health
22.0%
Prof. Services
16.1%
Finance
11.0%
Retail
9.7%
Arts/Entmt.
9.7%
Construction
7.6%
Manufacturing
6.6%
Transportation
4.6%
Public Admin
4.0%
Wholesale
2.1%
Information
1.8%
Agriculture
0.6%
Occupation
Management
35.7%
Food Prep
24.5%
Sales
24.0%
Construction
8.7%
Production
7.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
33.0 min
Drove Alone
70.1%
Carpool
15.2%
Public Transit
0.0%
Work from Home
12.1%
Walked
1.8%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
6,809
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
60.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
35.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.2%
5–9
10.3%
10–14
10.0%
15–19
7.9%
20–24
5.2%
25–34
15.6%
35–44
19.4%
45–54
11.4%
55–64
3.7%
65–74
4.8%
75–84
3.6%
85+
1.4%
Under 18: 31.1%
Working age (18–64): 68.9%
65 and over: 5.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
15.6%
Naturalized Citizen
57.5%
Speaks English Less Than Very Well
4.6%
Foreign-Born Origin
Latin America
47.7%
Africa
36.6%
Asia
14.0%
Europe
0.6%
Veterans & Disability
Veteran
4.9%
With a Disability
7.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
84.7%
Uninsured
15.3%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.9%
Has a Computer
96.9%
Same House 1 Year Ago
86.8%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023