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 Rate | 2.8% |
| Poverty Rate | 4.5% |
| Gini Coefficient | 0.502 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 33.3% |
| Public Transit | 6.7% |
| Work From Home | 31.7% |
Businesses
| Total Establishments | 11,677 |
| Restaurants | 877 |
| Healthcare | 1,221 |
| Retail | 1,189 |
| Manufacturing | 228 |
Tax
| IRS Avg AGI | $114,994 |
| Avg Property Tax | $13,072 |
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