Princeton, TX

Full City Profile · Texas · Collin County County

3.5 /5.0
B+ Good
20,966 Population 1,485/sq mi density
$96,766 Median Income $35,813 per capita
$310,700 Home Value $283,245 Zillow
$2,059 Median Rent 30.4% income on rent
65°F Avg Temperature
296 Violent Crime/100K 859 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$96,766 median income, 2.0% unemployment
A+
Affordability
4.9 / 5.0
$310,700 home value, $2,059/mo rent
F
Safety
1.0 / 5.0
296 violent crimes/100K
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Princeton, TX

At a Glance

Median Income
$96,766
29% above
$35,813 per capita
Home Value
$310,700
10% above
Zillow: $283,245
Median Rent
$2,059/mo
77% above
30.4% of income on rent
Violent Crime
296/100K
22% below
859/100K property
Bachelor's Degree+
28.3%
16% below
90.9% high school+
Unemployment
2.0%
44% below
3.7% poverty rate
Obesity Rate
37.7%
17% above
12.5% smoking rate
Avg Temperature
65°F

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
129%
Home Value
110%
Rent
177%
Poverty
30%
Bachelor's
84%
Unemployment
56%
Crime
78%
Thin vertical line = U.S. national average (100%)

Is Princeton a Good Place to Live?

B+
3.5 / 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 $96,766 , which is 29% above the national average of $75,149. Per capita income is $35,813. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 3.7% of residents live below the poverty line. The area is home to 34,830 business establishments, including 2,668 restaurants.

Housing & Cost of Living

The median home value in Princeton is $310,700 , 10% above the national median of $281,900. Zillow estimates the typical home at $283,245. Median rent is $2,059/month, with 30.4% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 2011.

Safety & Crime

Princeton reports 296 violent crimes per 100,000 residents , which is 22% below the national average of 380/100K. Property crime is 859/100K.

Education

28.3% of adults in Princeton hold a bachelor's degree or higher (16% below the national average). 90.9% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Princeton has an average annual temperature of 65°F (18°C). Winters average 45°F in January while summers reach 84°F in July. Annual precipitation totals 38.3 inches. Air quality is rated Good with a median AQI of 40.

Data Overview

People

Population20,966
Median Age32.9 yrs
Density1,485/mi²
Male / Female51% / 49%
Foreign Born15.6%
Veterans4.9%

Economy

A+
Median Income$96,766
Per Capita$35,813
Unemployment2.0%
Poverty3.7%
County GDP$115,358M
Avg Weekly Wage$1,694

Housing

A+
Home Value$310,700
Rent$2,059
Ownership80.0%
Zillow$283,245
Housing Units6,041
Rent Burden30.4%

Crime

F
Violent296/100K
Property859/100K

Health

Obesity37.7%
Diabetes10.7%
Smoking12.5%
Heart Disease5.1%
Premature Death4,576/100K

Climate

Avg Temp65°F
Rain38.3 in/yr
AQI40 (Good)
Elevation594 ft

Education

B
Bachelor's+28.3%
High School+90.9%
Graduate+7.5%
School Score6.9/10

Community

2024 VoteR 54% / D 43%
Commute33 min
Broadband92.9%
Internet Speed136 Mbps
EV Stations3
Libraries16

Did You Know?

The median home in Princeton was built in 2011.
The nearest airport is Dallas Love Field (31 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
7.4% of the population has a disability.
15.6% of residents are foreign-born.
Average internet download speed is 136 Mbps.
There are 2,668 restaurants in the area.
The county recorded 72 fatal vehicle crashes.
91 declared natural disasters on record.