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
Housing Overview
Median Home Value
$1,040,400
269% above
US avg: $281,900
Median Rent
$2,448/mo
110% above
US avg: $1,163/mo
Homeownership Rate
56.0%
14% below US avg (65.4%)
Total Housing Units
9,922
Median year built: 1965
Home Value by Source
Census Median
$1,040,400
Zillow (ZHVI)
$943,925
Median Sale Price
$1,389,000
Median List Price
$1,224,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.0%
Owner-Occupied
44.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$2,448/mo
· Zillow rent:
$3,188/mo
Market Indicators (Redfin)
Median Days on Market
104 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
15.6%
of listings with price reduction
Price Per Sq Ft
$507
Active Inventory
45
homes for sale
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
56.0%
Complete Housing Data
Home Values
| Census Median Value | $1,040,400 |
| Zillow Home Value (ZHVI) | $943,925 |
| Median Sale Price | $1,389,000 |
| Median List Price | $1,224,500 |
| Price Per Sq Ft | $507 |
Rent
| Census Median Rent | $2,448 |
| Zillow Rent (ZORI) | $3,188 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 104 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.6% |
| Homes Sold | 8 |
| Active Inventory | 45 |
| Price Per Sq Ft | $507 |
Ownership & Stock
| Owner-Occupied | 56.0% |
| Renter-Occupied | 44.0% |
| Homeownership Rate | 56.0% |
| Total Housing Units | 9,922 |
| Median Year Built | 1965 |
| Rent Burden | 26.6% |
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