Princeton, NJ

Census Place

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2023 Population

30,451

0.00328% 1-year growth

US Senator

Cory Booker

Democratic Party

US Senator

Andy Kim

Democratic Party

2023 Median Age

27.5

3.85% 1-year decrease

2023 Poverty Rate

6.84%

8.08% 1-year increase

2023 Median Household Income

$184,113

4.2% 1-year growth

2023 Median Property Value

$1.04M

7.13% 1-year growth

2023 Employed Population

14,970

0.686% 1-year growth

About

In 2023, Princeton, NJ had a population of 30.5k people with a median age of 27.5 and a median household income of $184,113. Between 2022 and 2023 the population of Princeton, NJ grew from 30,450 to 30,451, a 0.00328% increase and its median household income grew from $176,695 to $184,113, a 4.2% increase.

The 5 largest ethnic groups in Princeton, NJ are White (Non-Hispanic) (60.2%), Asian (Non-Hispanic) (19.7%), Black or African American (Non-Hispanic) (6.15%), Two+ (Non-Hispanic) (5.07%), and White (Hispanic) (2.65%).

None of the households in Princeton, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

83.6% of the residents in Princeton, NJ are U.S. citizens.

The largest universities in Princeton, NJ are Princeton University (2,389 degrees awarded in 2022) and Princeton Theological Seminary (116 degrees).

In 2023, the median property value in Princeton, NJ was $1.04M, and the homeownership rate was 56%.

Most people in Princeton, NJ drove alone to work, and the average commute time was 24.1 minutes. The average car ownership in Princeton, NJ was 2 cars per household.

United States New Jersey Mercer County, NJ Trenton, NJ Middlesex County (Southwest) PUMA, NJ Somerset County (South) PUMA, NJ Mercer County (North)--Princeton Borough PUMA, NJ

Population & Diversity

Princeton, NJ is home to a population of 30.5k people, from which 83.6% are citizens. As of 2023, 29.8% of Princeton, NJ residents were born outside of the country (9.07k people).

In 2023, there were 3.06 times more White (Non-Hispanic) residents (18.3k people) in Princeton, NJ than any other race or ethnicity. There were 5.99k Asian (Non-Hispanic) and 1.87k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

83.6%

2023 Citizenship

84%

2022 Citizenship

As of 2023, 83.6% of Princeton, NJ residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Princeton, NJ was 84%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Princeton, NJ compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Princeton, NJ

White (Non-Hispanic)
18.3k ± 833
Asian (Non-Hispanic)
5.99k ± 743
Black or African American (Non-Hispanic)
1.87k ± 474

8.09%

Hispanic Population

2.46k people

8.09% of the people in Princeton, NJ are hispanic (2.46k people).

The following chart shows the 7 races represented in Princeton, NJ as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.

Most Common Origin

India
273,669 ± 12,652 people
Dominican Republic
204,992 ± 10,992 people
Mexico
104,320 ± 7,885 people

In 2022, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,669 New Jersey residents, followed by Dominican Republic with 204,992 and Mexico with 104,320.

Foreign-Born Population

29.8%

2023 Foreign-Born Population

9.07k people

29%

2022 Foreign-Born Population

8.83k people

As of 2023, 29.8% of Princeton, NJ residents (9.07k people) were born outside of the United States, which is higher than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Princeton, NJ was 29%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Princeton, NJ compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
114 ± 64
Gulf War (2001-)
49 ± 47
Gulf War (1990s)
46 ± 33

Princeton, NJ has a large population of military personnel who served in Vietnam, 2.33 times greater than any other conflict.

Economy

The economy of Princeton, NJ employs 15k people. The largest industries in Princeton, NJ are Educational Services (5,285 people), Professional, Scientific, & Technical Services (2,440 people), and Health Care & Social Assistance (1,594 people), and the highest paying industries are Finance & Insurance ($204,917), Finance & Insurance, & Real Estate & Rental & Leasing ($202,972), and Manufacturing ($191,184).

Males in New Jersey have an average income that is 1.36 times higher than the average income of females, which is $77,965. The income inequality in New Jersey (measured using the Gini index) is 0.489, which is higher than than the national average.

Employment

Occupations

15k

2023 Value

± 953

0.686%

1 Year growth

± 9.08%

From 2022 to 2023, employment in Princeton, NJ grew at a rate of 0.686%, from 14.9k employees to 15k employees.

The most common job groups, by number of people living in Princeton, NJ, are Education Instruction, & Library Occupations (3,422 people), Management Occupations (2,730 people), and Life, Physical, & Social Science Occupations (1,283 people). This chart illustrates the share breakdown of the primary jobs held by residents of Princeton, NJ.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

15k

2023 Value

± 953

0.686%

1 Year growth

± 9.08%

From 2022 to 2023, employment in Princeton, NJ grew at a rate of 0.686%, from 14.9k employees to 15k employees.

The most common employment sectors for those who live in Princeton, NJ, are Educational Services (5,285 people), Professional, Scientific, & Technical Services (2,440 people), and Health Care & Social Assistance (1,594 people). This chart shows the share breakdown of the primary industries for residents of Princeton, NJ, though some of these residents may live in Princeton, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$83,763

Median earning men ± $11,907

$53,393

Median earning women ± $13,667

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($215,489), Manufacturing ($190,395), and Wholesale Trade ($176,250).

The industries with the best median earnings for women in 2023 are Wholesale Trade ($207,639), Manufacturing ($203,333), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($106,127).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.

Y-Axis

2.27%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

Education

In 2022, universities in Princeton, NJ awarded 2,505 degrees. The student population of Princeton, NJ in 2022 is skewed towards men, with 4,830 male students and 4,335 female students.

Most students graduating from Universities in Princeton, NJ are White (940 and 49.2%), followed by Asian (400 and 20.9%), Hispanic or Latino (221 and 11.6%), and Black or African American (154 and 8.06%).

The largest universities in Princeton, NJ by number of degrees awarded are Princeton University (2,389 and 95.4%) and Princeton Theological Seminary (116 and 4.63%).

The most popular majors in Princeton, NJ are Computer Science (253 and 10.1%), General Public Policy Analysis (210 and 8.38%), and Econometrics & Quantitative Economics (166 and 6.63%).

The median tuition cost in Princeton, NJ for private four year colleges is $57,410.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2022 in Princeton, NJ, the percentage of applicants admitted was 5.7%, while the percentage of admitted who enrolled was 69.2%. The number of students enrolled in 2022 was 9,165 (52.7% men and 47.3% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2022 there were 9,165 students enrolled in Princeton, NJ, 52.7% men and 47.3% women.

By race, the largest number of students enrolled was concentrated in White with 3,240 records, of which 46% were women and 54% men.

Completions

Concentrations

Most Common

Computer Science
172 degrees awarded
Econometrics & Quantitative Economics
122 degrees awarded
General Public Policy Analysis
120 degrees awarded

In 2022, the most common concentation for Bachelors Degree recipients in Princeton, NJ was Computer Science with 172 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Princeton, NJ according to their major.

Universities

Gender

Race

Largest Universities by degrees awarded

Princeton University
2,389 degrees awarded
Princeton Theological Seminary
116 degrees awarded

In 2022, the institution with the largest number of graduating students was Princeton University with 2,389 degrees awarded.

Student Diversity

University

In 2022, 1,372 men were awarded degrees from institutions in Princeton, NJ, which is 1.21 times more than the 1,133 female students who received degrees in the same year.

In 2022 the most common race/ethnicity group awarded degrees at institutions was White students. These 940 degrees mean that there were 2.35 times more degrees awarded to White students then the next closest race/ethnicity group, Asian, with 400 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($57,410) is the sector with the highest median state tuition in 2022.

Private not-for-profit, 4-year or above ($1,050) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Jersey.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.92M), Bachelors Degree (1.77M), and Some college (1.3M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Princeton, NJ was $1.04M in 2023, which is 3.43 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $971,200 to $1.04M, a 7.13% increase. The homeownership rate in Princeton, NJ is 56%, which is approximately the same as the national average of 65%.

People in Princeton, NJ have an average commute time of 24.1 minutes, and they drove alone to work. Car ownership in Princeton, NJ is approximately the same as the national average, with an average of 2 cars per household.

Median household income in Princeton, NJ is $184,113. In 2023, the place with the highest median household income in Princeton, NJ was Census Tract 42.03 with a value of $244,583, followed by Census Tract 45.01 and Census Tract 42.04, with respective values of $191,167 and $184,288.

Housing

Property

$1.04M

Median Property Value 2023

±$47,299

$5,043

Median Property Taxes

±$447

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Princeton, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Princeton, NJ compared to it's parent and neighbor geographies.

Rent vs Own

56%

Homeownership

2023

54.9%

Homeowners with Mortgage

2023

In 2023, 56% of the housing units in Princeton, NJ were occupied by their owner. This percentage declined from the previous year's rate of 58.6%.

This chart shows the percentage of owner in Princeton, NJ compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 42.03
Census Tract 45.01
Census Tract 42.04

In 2023, the place with the highest Median Household Income (Total) in Princeton, NJ was Census Tract 42.03 with a value of $244,583, followed by Census Tract 45.01 and Census Tract 42.04, with respective values of $191,167 and $184,288.

The following map shows all of the places in Princeton, NJ colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$184,113

Median Household Income

± $23,135

Number of Households

± 634

In 2023, the median household income of the 9k households in Princeton, NJ grew to $184,113 from the previous year's value of $176,695.

The following chart displays the households in Princeton, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Princeton, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (33.3%)
Worked At Home (31.7%)
Walked (20%)

In 2023, 33.3% of workers in Princeton, NJ drove alone to work, followed by those who worked at home (31.7%) and those who walked to work (20%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

24.1 minutes

Average Travel Time

Using averages, employees in Princeton, NJ have a shorter commute time (24.1 minutes) than the normal US worker (26.6 minutes). Additionally, 5.69% of the workforce in Princeton, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Princeton, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Princeton, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Princeton, NJ have 2 cars.

Poverty

Poverty & Diversity

6.84% of the population for whom poverty status is determined in Princeton, NJ (1.59k out of 23.3k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 25 - 34, followed by Males 18 - 24 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Princeton, NJ is White, followed by Asian and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.2% of the population of Princeton, NJ has health coverage, with 67.3% on employee plans, 4.04% on Medicaid, 9.43% on Medicare, 17.1% on non-group plans, and 0.254% on military or VA plans.

Primary care physicians in Mercer County, NJ see 1020 patients per year on average, which represents a 2.2% increase from the previous year (998 patients). Compare this to dentists who see 1210 patients per year, and mental health providers who see 278 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Mercer County, NJ.

1,020 to 1

Patient to Primary Care Physician Ratio in Mercer County, NJ

Primary care physicians in Mercer County, NJ see an average of 1,020 patients per year. This represents a 2.2% increase from the previous year (998 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Mercer County, NJ in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 23.6% under 18 years, 32.8% between 18 and 34 years, 31.1% between 35 and 64 years, and 12.5% over 64 years.

By gender, of the total number of insured persons, 49.8% were men and 50.2% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.82%

Uninsured

67.3%

Employer Coverage

4.04%

Medicaid

9.43%

Medicare

17.1%

Non-Group

0.254%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Princeton, NJ grew by 19.1% from 1.53% to 1.82%.

The following chart shows how the percent of uninsured individuals in Princeton, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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