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Princeton, NJ

Full City Profile · New Jersey · Mercer County County

3.6 /5.0
B+ Good
30,451 Population 1,696/sq mi density
$184,113 Median Income $86,332 per capita
$1,040,400 Home Value $943,925 Zillow
$2,448 Median Rent 26.6% income on rent
53°F Avg Temperature 275 sunny days/yr
32 Violent Crime/100K 753 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$184,113 median income, 2.8% unemployment
B
Affordability
3.5 / 5.0
$1,040,400 home value, $2,448/mo rent
F
Safety
1.0 / 5.0
32 violent crimes/100K
A+
Education
5.0 / 5.0
84.6% bachelor's degree or higher

Income Overview

Median Household Income
$184,113
145% above
US avg: $75,149
Per Capita Income
$86,332
121% above
US avg: $39,052
Unemployment Rate
2.8%
22% below
US avg: 3.6%
Poverty Rate
4.5%
64% 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
$184,113
245%
Per Capita
US: $39,052
$86,332
221%
IRS Avg AGI
US: $72,000
$114,994
160%
Avg Weekly Wage
US: $1,432
$1,740
122%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,740
22% above US avg ($1,432)
Mean Commute Time
24 min
13% below US avg (28 min)
Work From Home
31.7%
109% above US avg (15.2%)
Drive Alone
33.3%
54% below US avg (73.2%)
Public Transit
6.7%
34% above US avg (5.0%)
County GDP
$56,807M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 33.3%
Public Transit 6.7%
Work From Home 31.7%
Other 28.3%
Average commute time
24 minutes
US avg: 28 min

Business Landscape

Total Establishments
11,677
Restaurants
877
Healthcare
1,221
Retail
1,189
Manufacturing
228

Tax & Financial

IRS Avg Adjusted Gross Income
$114,994
60% above US avg ($72,000)
Avg Property Tax
$13,072
273% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$184,113
Per Capita Income$86,332
IRS Avg Adjusted Gross Income$114,994
Avg Weekly Wage$1,740
County GDP$56,807M

Hardship Indicators

Unemployment Rate2.8%
Poverty Rate4.5%
Gini Coefficient0.502
Cost of Living Index108.8

Commute

Mean Commute24 minutes
Drive Alone33.3%
Public Transit6.7%
Work From Home31.7%

Businesses

Total Establishments11,677
Restaurants877
Healthcare1,221
Retail1,189
Manufacturing228

Tax

IRS Avg AGI$114,994
Avg Property Tax$13,072