Princeton, BC

British Columbia

Princeton is a small town in British Columbia with a population of 2,894. Residents earn $64,500 per year, which is 14% below the national average.

2.6 /5.0
C+ Fair
2,894 Population 126/sq mi density
$64,500 Median Income $45,560 per capita
$348,000 Home Value
$1,020 Median Rent 15.3% income on rent
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$64,500 median income, 11.0% unemployment
B+
Affordability
3.6 / 5.0
$348,000 home value, $1,020/mo rent
D
Education
1.7 / 5.0
8.7% bachelor's degree or higher
Median Income $64,500
14% lower than US avg
Home Value $348,000
23% higher than US avg
Bachelor's+ 8.7%
74% lower than US avg
Median Rent $1,020
12% lower than US avg
Unemployment 11.0%
206% higher than US avg
Poverty Rate 14.8%
19% higher than US avg

How Princeton Compares to the U.S. Average (100% = U.S. avg)

People

Population2,894
Median Age52.8 yrs
Density126/mi²
Male / Female51% / 49%
Largest GroupWhite 92%

Economy

C+
Median Income$64,500
Per Capita$45,560
Unemployment11.0%
Poverty14.8%
Commute20 min

Housing

B+
Home Value$348,000
Rent$1,020
OwnershipN/A
Housing Units1,375
Rent Burden15.3%

Climate

Avg TempN/A
Elevation2,165 ft (660 m)

Education

D
Bachelor's+8.7%
High School+34.8%
Graduate+2.2%

Community

Commute20 min

Is Princeton a Good Place to Live?

Based on current data, Princeton receives an overall livability score of 2.6 out of 5.0, earning a grade of C+. Areas to be aware of include above-average unemployment. Princeton has some notable strengths but also faces challenges that prospective residents should consider.

Economy & Jobs

The median household income in Princeton is $64,500, 14% below the national average of $75,149. At 11.0%, unemployment is notably high. 14.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Princeton is $348,000, 23% above the national median. Renters pay a median of $1,020 per month, below the national average — a plus for affordability. The price-to-income ratio of 5.4x means housing costs are stretched relative to local earnings.

Education

8.7% of residents hold a bachelor's degree, below the national average of 33.7%. 34.8% have completed high school.

Princeton has a population of 2,894 with a density of 126 people per square mile. The median age is 52.8 years, 36% older than the national median of 38.9. The city is predominantly White (92.3%), with 6.1% Asian.

Population

2,894
Total Population
2021 Census
126
People / sq mi
52.8yrs
Median Age
36% above US avg
22.9mi²
Land Area

Gender Distribution

Male 51.3%
Female 48.9%

Race & Ethnicity

Princeton vs U.S. Average

Language Spoken at Home

English Only91.9%
17% above US avg
Spanish1.0%
92% below US avg
Other Languages7.1%

Social Characteristics

Princeton vs U.S. Average

The median household income in Princeton is $64,500, which is 14% below the national average of $75,149. The unemployment rate is 11.0% (above the 3.6% US average). 14.8% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Princeton vs U.S.

Commute Mode

Income

Median HH Income$64,500
14% below US avg
Per Capita Income$45,560

Employment & Poverty

Unemployment11.0%
206% above US avg
Poverty Rate14.8%
19% above US avg

Business (County)

Tax & Cost of Living

Commute & Transportation

Commute Time19.6 min
Drive Alone79.3%
Public Transit0.0%
Work from Home10.4%

Walkability

The median home value in Princeton is $348,000, 23% above the national average. Monthly rent averages $1,020 (12% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$348,000
23% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,020
12% below US avg
Rent Burden15.3%

Ownership & Property

Owner-Occupied74.6%
Renter-Occupied25.5%
Housing Units1,375

Property Tax

8.7% of residents hold a bachelor's degree or higher (74% below US avg).

Education

Bachelor's Degree+8.7%
74% below US avg
High School+34.8%
Graduate Degree+2.2%
D Education Grade (1.7/5.0)

Urban-Rural Classification

Population Density126/sq mi
Total Area22.9 sq mi

Infrastructure & Services

Safety & Disasters

Commute & Transportation

Avg Commute19.6 min
Drive Alone79.3%
Public Transit0.0%
Work from Home10.4%

Nearby Cities

Okanagan-Similkameen H, BC 2,232 pop · 12.7 mi Okanagan-Similkameen G, BC 2,298 pop · 20.7 mi Keremeos, BC 1,608 pop · 35.3 mi Okanagan-Similkameen F, BC 2,092 pop · 38.4 mi Cawston, BC 1,040 pop · 38.8 mi Summerland, BC 12,042 pop · 39.0 mi Peachland, BC 5,789 pop · 40.4 mi Okanagan-Similkameen I, BC 2,307 pop · 40.8 mi Kaleden, BC 1,186 pop · 40.9 mi Okanagan-Similkameen B, BC 1,151 pop · 41.3 mi Okanagan-Similkameen C, BC 3,986 pop · 41.3 mi Okanagan-Similkameen E, BC 2,015 pop · 41.3 mi Penticton, BC 2,080 pop · 41.6 mi Hope, BC 6,686 pop · 42.2 mi
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