Princeton, IN

Census Place

2024 Population

8,372

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

0.524% 1-year decrease

2024 Poverty Rate

16.9%

14.3% 1-year increase

2024 Median Household Income

$57,618

0.671% 1-year growth

2024 Median Property Value

$128,700

Population & Diversity

Princeton, IN is home to a population of 8.37k people, from which 97.8% are citizens.

As of 2024, 3.61% of Princeton, IN residents were born outside of the country (302 people).

In 2024, there were 13.4 times more White (Non-Hispanic) residents (6.72k people) in Princeton, IN than any other race or ethnicity. There were 502 Other (Hispanic) and 453 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.8%

2024 Citizenship

97.9%

2023 Citizenship

As of 2024, 97.8% of Princeton, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Princeton, IN was 97.9%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Princeton, IN

White (Non-Hispanic)
6.72k ± 203
Other (Hispanic)
502 ± 140
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
453 ± 173

7.11%

Hispanic Population

595 people

7.11% of the people in Princeton, IN are hispanic (595 people).

The following chart shows the 8 races represented in Princeton, IN 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 Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

3.61%

2024 Foreign-Born Population

302 people

3.57%

2023 Foreign-Born Population

298 people

As of 2024, 3.61% of Princeton, IN residents (302 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Princeton, IN was 3.57%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Vietnam
107 ± 64
Gulf War (2001-)
83 ± 55
Gulf War (1990s)
64 ± 77

Princeton, IN has a large population of military personnel who served in Vietnam, 1.29 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Princeton, IN.

Economy

The economy of Princeton, IN employs 3.86k people. In 2024, the largest industries in Princeton, IN were Manufacturing (1,396 people), Retail Trade (629 people), and Accommodation & Food Services (413 people), and the highest paying industries were Wholesale Trade ($163,105), Mining, Quarrying, & Oil & Gas Extraction ($86,750), and Utilities ($85,833).

Employment

Occupations

3.86k

2024 Value

± 433

0.521%

1 Year growth

± 16.3%

From 2023 to 2024, employment in Princeton, IN grew at a rate of 0.521%, from 3.84k employees to 3.86k employees.

The most common job groups, by number of people living in Princeton, IN, are Production Occupations (1,009 people), Sales & Related Occupations (521 people), and Material Moving Occupations (279 people). This chart illustrates the share breakdown of the primary jobs held by residents of Princeton, IN.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Indiana (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.

Industries

Employment by Industries

3.86k

2024 Value

± 433

0.521%

1 Year growth

± 16.3%

From 2023 to 2024, employment in Princeton, IN grew at a rate of 0.521%, from 3.84k employees to 3.86k employees.

The most common employment sectors for those who live in Princeton, IN, are Manufacturing (1,396 people), Retail Trade (629 people), and Accommodation & Food Services (413 people). This chart shows the share breakdown of the primary industries for residents of Princeton, IN, though some of these residents may live in Princeton, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$42,718

Median earning men ± $4,337

$28,125

Median earning women ± $8,157

The industries with the best median earnings for men in 2024 are Wholesale Trade ($163,105), Agriculture, Forestry, Fishing & Hunting, & Mining ($85,167), and Construction ($55,478).

The industries with the best median earnings for women in 2024 are Manufacturing ($47,857), Educational Services, & Health Care & Social Assistance ($40,326), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($35,250).

Housing & Living

The median property value in Princeton, IN was $128,700 in 2024, which is 0.387 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $117,100 to $128,700, a 9.91% increase. The homeownership rate in Princeton, IN is 61.3%, which is lower than the national average of 65.2%.

People in Princeton, IN have an average commute time of 13.8 minutes, and they drove alone to work. Car ownership in Princeton, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$128,700

Median Property Value 2024

±$14,845

$2,088

Median Property Taxes

±$316

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, IN the largest share of households pay taxes in the $800 - $1,499 range.

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

Rent vs Own

61.3%

Homeownership

2024

55.4%

Homeowners with Mortgage

2024

In 2024, 61.3% of the housing units in Princeton, IN were occupied by their owner. This percentage grew from the previous year's rate of 60.5%.

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

Equity

Household Income

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

$57,618

Median Household Income

± $6,605

3.4k

Number of Households

± 426

In 2024, the median household income of the 3.4k households in Princeton, IN grew to $57,618 from the previous year's value of $57,234.

The following chart displays the households in Princeton, IN 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 $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Princeton, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (79.7%)
Carpooled (10.3%)
Walked (3.27%)

In 2024, 79.7% of workers in Princeton, IN drove alone to work, followed by those who carpooled to work (10.3%) and those who walked to work (3.27%).

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

13.8 minutes

Average Travel Time

Using averages, employees in Princeton, IN have a shorter commute time (13.8 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Princeton, IN have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

16.9% of the population for whom poverty status is determined in Princeton, IN (1.36k out of 8.02k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 6 - 11, followed by Females 18 - 24 and then Females 25 - 34.

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

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

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

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

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