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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

Princeton, NJ

At a Glance

Median Income
$184,113
145% above
$86,332 per capita
Home Value
$1,040,400
269% above
Zillow: $943,925
Median Rent
$2,448/mo
110% above
26.6% of income on rent
Violent Crime
32/100K
92% below
753/100K property
Bachelor's Degree+
84.6%
151% above
98.1% high school+
Unemployment
2.8%
22% below
4.5% poverty rate
Obesity Rate
20.2%
37% below
6.7% smoking rate
Avg Temperature
53°F
275 sunny days/yr

How Princeton Compares to the U.S. Average

Each bar shows Princeton's value as a percentage of the national average (100% = U.S. avg)

Income
245%
Home Value
369%
Rent
210%
Poverty
36%
Bachelor's
251%
Unemployment
78%
Crime
8%
Thin vertical line = U.S. national average (100%)

Is Princeton a Good Place to Live?

B+
3.6 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Princeton residents earn a median household income of $184,113 , which is 145% above the national average of $75,149. Per capita income is $86,332. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 4.5% of residents live below the poverty line. The area is home to 11,677 business establishments, including 877 restaurants.

Housing & Cost of Living

The median home value in Princeton is $1,040,400 , 269% above the national median of $281,900. Zillow estimates the typical home at $943,925. Median rent is $2,448/month, with 26.6% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1965.

Safety & Crime

Princeton reports 32 violent crimes per 100,000 residents , which is 92% below the national average of 380/100K. Property crime is 753/100K. The murder rate is 0.0/100K.

Education

84.6% of adults in Princeton hold a bachelor's degree or higher (151% above the national average). 98.1% have completed high school. Local schools score 6.0/10 in standardized testing.

Climate & Weather

Princeton has an average annual temperature of 53°F (12°C). Winters average 31°F in January while summers reach 75°F in July. The area gets 275 sunny days per year. Annual precipitation totals 47.5 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population30,451
Median Age27.5 yrs
Density1,696/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans1.4%

Economy

A+
Median Income$184,113
Per Capita$86,332
Unemployment2.8%
Poverty4.5%
County GDP$56,807M
Avg Weekly Wage$1,740

Housing

B
Home Value$1,040,400
Rent$2,448
Ownership56.0%
Zillow$943,925
Housing Units9,922
Rent Burden26.6%

Crime

F
Violent32/100K
Property753/100K
Murder0.0/100K
Assault28/100K
Burglary142/100K

Health

Obesity20.2%
Diabetes7.2%
Smoking6.7%
Heart Disease3.7%
Premature Death7,664/100K

Climate

Avg Temp53°F
Sunny Days275/yr
Rain47.5 in/yr
AQI39 (Good)
Elevation135 ft

Education

A+
Bachelor's+84.6%
High School+98.1%
Graduate+55.2%
School Score6.0/10

Community

2024 VoteR 32% / D 66%
Commute24 min
Broadband92.7%
Internet Speed172 Mbps
EV Stations25
Libraries14

Did You Know?

Princeton was founded in 1700.
The median home in Princeton was built in 1965.
31.7% work from home.
The nearest airport is Central Jersey Regional (12 miles).
The Gini coefficient (income inequality) is 0.502 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.0% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 172 Mbps.
There are 877 restaurants in the area.
The county recorded 26 fatal vehicle crashes.