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Princeton, NC

Full City Profile · North Carolina · Wayne County County

3.0 /5.0
B Good
1,543 Population 1,319/sq mi density
$36,656 Median Income $25,091 per capita
$165,800 Home Value $270,616 Zillow
$686 Median Rent 25.3% income on rent
62°F Avg Temperature 301 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$36,656 median income, 0.9% unemployment
A
Affordability
4.1 / 5.0
$165,800 home value, $686/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Income Overview

Median Household Income
$36,656
51% below
US avg: $75,149
Per Capita Income
$25,091
36% below
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
5.5%
56% 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
$36,656
49%
Per Capita
US: $39,052
$25,091
64%
IRS Avg AGI
US: $72,000
$56,445
78%
Avg Weekly Wage
US: $1,432
$944
66%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$944
34% below US avg ($1,432)
Mean Commute Time
28 min
2% above US avg (28 min)
Work From Home
4.8%
68% below US avg (15.2%)
Drive Alone
94.5%
29% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,769M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 94.5%
Public Transit 0%
Work From Home 4.8%
Other 0.7%
Average commute time
28 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,557
Restaurants
224
Healthcare
252
Retail
454
Manufacturing
56

Tax & Financial

IRS Avg Adjusted Gross Income
$56,445
22% below US avg ($72,000)
Avg Property Tax
$3,371
4% below US avg ($3,500)
Cost of Living Index
94.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$36,656
Per Capita Income$25,091
IRS Avg Adjusted Gross Income$56,445
Avg Weekly Wage$944
County GDP$6,769M

Hardship Indicators

Unemployment Rate0.9%
Poverty Rate5.5%
Gini Coefficient0.466
Cost of Living Index94.3

Commute

Mean Commute28 minutes
Drive Alone94.5%
Public Transit0.0%
Work From Home4.8%

Businesses

Total Establishments2,557
Restaurants224
Healthcare252
Retail454
Manufacturing56

Tax

IRS Avg AGI$56,445
Avg Property Tax$3,371