Princeton, IN

Indiana

Princeton is a small city in Indiana with a population of 8,347. Residents earn $57,234 per year, which is 24% below the national average.

3.6 /5.0
B+ Good
8,347 Population 1,523/sq mi density
$57,234 Median Income $28,211 per capita
$117,100 Home Value $181,700 Zillow
$892 Median Rent
55°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$57,234 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$117,100 home value, $892/mo rent
D
Education
1.8 / 5.0
10.2% bachelor's degree or higher
Median Income $57,234
24% lower than US avg
Home Value $117,100
58% lower than US avg
Bachelor's+ 10.2%
70% lower than US avg
Median Rent $892
23% lower than US avg
Obesity Rate 41.8%
30% higher than US avg
Unemployment 2.3%
36% lower than US avg
Poverty Rate 7.5%
40% lower than US avg

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

People

Population8,347
Median Age38.2 yrs
Density1,523/mi²
Male / Female53% / 47%
Largest GroupWhite 83%

Economy

A
Median Income$57,234
Per Capita$28,211
Unemployment2.3%
Poverty7.5%
County GDP$4,453M
Commute14 min

Housing

A+
Home Value$117,100
Rent$892
OwnershipN/A
Zillow$181,700

Crime

ViolentN/A
PropertyN/A

Health

Obesity41.8%
UninsuredN/A
Depression28.3%
Heart Disease6.7%

Climate

Avg Temp55°F
AQI41 (Good)
Rain49.8 in/yr
Elevation463 ft

Education

D
Bachelor's+10.2%
High School+85.3%
School Score6.01

Community

2024 VoteR 75% / D 23%
Commute14 min
EV Stations2
Libraries5

Is Princeton a Good Place to Live?

Based on current data, Princeton receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes, high obesity rates. Princeton offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Princeton is $57,234, 24% below the national average of $75,149. The job market is very strong with unemployment at just 2.3%. Only 7.5% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 14 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Princeton is $117,100, 58% below the national median — offering relatively affordable homeownership. Renters pay a median of $892 per month, below the national average — a plus for affordability. At just 2x median income, home prices are very affordable relative to local earnings.

Education

10.2% of residents hold a bachelor's degree, below the national average of 33.7%. 85.3% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Princeton experiences four distinct seasons with an average temperature of 55°F. Winters average 30°F in January while summers reach 77°F in July. Annual precipitation totals 49.8 inches, including 12.2 inches of snow. Air quality is rated Good with a median AQI of 41.

Princeton has a population of 8,347 with a density of 1,523 people per square mile. The median age is 38.2 years, 2% younger than the national median of 38.9. The city is predominantly White (82.7%), with 6.1% Black.

Population

8,347
Total Population
1,523
People / sq mi
38.2yrs
Median Age
2% below US avg
5.5mi²
Land Area

Gender Distribution

Male 53%
Female 47%

Race & Ethnicity

Princeton vs U.S. Average

Language Spoken at Home

English Only95.2%
21% above US avg
Spanish4.8%
64% below US avg

Social Characteristics

Princeton vs U.S. Average

The median household income in Princeton is $57,234, which is 24% below the national average of $75,149. The unemployment rate is 2.3% (below the 3.6% US average). 7.5% of residents live below the poverty line. Workers commute an average of 14 minutes.

Income: Princeton vs U.S.

Commute Mode

Income

Median HH Income$57,234
24% below US avg
Per Capita Income$28,211
Avg Weekly Wage$1,305
IRS Avg AGI$65,154

Employment & Poverty

Unemployment2.3%
36% below US avg
Poverty Rate7.5%
40% below US avg
Establishments (County)800
County GDP$4,453M

Business (County)

Restaurants62
Healthcare76
Retail116
Manufacturing38

Tax & Cost of Living

Property Tax (IRS)$2,658
24% below US avg
Effective Tax Rate2.27%

Commute & Transportation

Commute Time14.3 min
Work from Home2.3%

Walkability

The median home value in Princeton is $117,100, 58% below the national average. Monthly rent averages $892 (23% below US avg). Zillow estimates the typical home value at $181,700.

Home Value Sources

Ownership Split

Home Values

Census Median$117,100
58% below US avg
Zillow ZHVI$181,700

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$892
23% below US avg
Zillow Rent (ZORI)$875

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied60.5%

Property Tax

Avg Tax (IRS)$2,658
24% below US avg
Effective Rate2.27%
In Princeton, 41.8% of adults are obese (above the 32.1% national rate). 28.3% report depression. 29.1% are physically inactive.

Health Metrics: Princeton vs U.S. Average (%)

Chronic Conditions

Obesity41.8%
30% above US avg
Diabetes12.4%
Heart Disease6.7%
High Blood Pressure36.3%
Asthma11.9%
COPD9.4%
Stroke3.5%

Behaviors & Mental Health

Binge Drinking16.9%
Physical Inactivity29.1%
Depression28.3%
Mental Distress21.0%
Physical Distress15.6%

Healthcare Access

Insurance Rate92.3%
Checkup Rate77.7%
Premature Death7,824/100K

Food & Exercise

Food Environment8.4/10
Exercise Access67.2%
Healthcare Facilities76

Crime Rates: Princeton vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)7

Safety Score

Princeton has an average annual temperature of 55°F (13°C). Winters average 30°F in January while summers reach 77°F in July. Annual precipitation is 49.8 inches. Air quality is rated Good with a median AQI of 41.

Temperature

30°F Jan (-1°C) 77°F Jul (25°C)
Annual Average55.0°F
2% above US avg
January Average30°F (-1°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall49.8 inches
31% above US avg
Snowfall12.2 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation463 ft (141 m)
Area5.5 sq mi (14.2 km²)
Population Density1,523/sq mi
Coordinates38.3545°N, 87.5795°W
County FIPS18051
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 10.2% of residents hold a bachelor's degree or higher (70% below US avg). In the 2024 election, the county voted Republican by a 51.4-point margin.

2024 Presidential Election (County)

R 74.8%
D 23.4%

Winner: Republican by 51.4 points

Education

Bachelor's Degree+10.2%
70% below US avg
High School+85.3%
School Test Score6.01
D Education Grade (1.8/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density1,523/sq mi
Total Area5.5 sq mi

Infrastructure & Services

EV Charging Stations2
Alt Fuel Stations3
Public Libraries5
Healthcare Facilities76
Restaurants62
Retail Stores116

Safety & Disasters

Fatal Crashes (County/yr)7

Commute & Transportation

Avg Commute14.3 min
Work from Home2.3%

Nearby Cities

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