Princeton, MN
Full City Profile · Minnesota · Sherburne County County
2.9
/5.0
C+
Fair
4,988
Population
1,012/sq mi density
$52,450
Median Income
$31,304 per capita
$212,200
Home Value
$361,638 Zillow
$953
Median Rent
27.2% income on rent
44°F
Avg Temperature
270 sunny days/yr
106
Violent Crime/100K
3,375 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$52,450 median income, 1.0% unemployment
A
Affordability
4.4 / 5.0
$212,200 home value, $953/mo rent
F
Safety
1.0 / 5.0
106 violent crimes/100K
C
Education
2.0 / 5.0
12.9% bachelor's degree or higher
Income Overview
Median Household Income
$52,450
30% below
US avg: $75,149
Per Capita Income
$31,304
20% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
1.7%
86% below
US avg: 12.4%
Income Comparison: Princeton vs. U.S. Average
Each bar shows Princeton’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$52,450
70%
Per Capita
US: $39,052
$31,304
80%
IRS Avg AGI
US: $72,000
$83,466
116%
Avg Weekly Wage
US: $1,432
$1,111
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,111
22% below US avg ($1,432)
Mean Commute Time
24 min
15% below US avg (28 min)
Work From Home
4.7%
69% below US avg (15.2%)
Drive Alone
77.8%
6% above US avg (73.2%)
Public Transit
4.4%
12% below US avg (5.0%)
County GDP
$4,897M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.8%
Public Transit
4.4%
Work From Home
4.7%
Other
13.1%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,490
Restaurants
119
Healthcare
198
Retail
194
Manufacturing
161
Tax & Financial
IRS Avg Adjusted Gross Income
$83,466
16% above US avg ($72,000)
Avg Property Tax
$4,425
26% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $52,450 |
| Per Capita Income | $31,304 |
| IRS Avg Adjusted Gross Income | $83,466 |
| Avg Weekly Wage | $1,111 |
| County GDP | $4,897M |
Hardship Indicators
| Unemployment Rate | 1.0% |
| Poverty Rate | 1.7% |
| Gini Coefficient | 0.376 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 77.8% |
| Public Transit | 4.4% |
| Work From Home | 4.7% |
Businesses
| Total Establishments | 2,490 |
| Restaurants | 119 |
| Healthcare | 198 |
| Retail | 194 |
| Manufacturing | 161 |
Tax
| IRS Avg AGI | $83,466 |
| Avg Property Tax | $4,425 |
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