Princeton Meadows, NJ

Census Place

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2023 Population
15,382
1.3% 1-year decline
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2023 Median Age
35.2
0.571% 1-year increase
2023 Poverty Rate
2.58%
21.1% 1-year decrease
2023 Median Household Income
$124,065
2.74% 1-year growth
2023 Median Property Value
$636,300
8.86% 1-year growth
2023 Employed Population
8,241
1.23% 1-year decline

About

In 2023, Princeton Meadows, NJ had a population of 15.4k people with a median age of 35.2 and a median household income of $124,065. Between 2022 and 2023 the population of Princeton Meadows, NJ declined from 15,585 to 15,382, a −1.3% decrease and its median household income grew from $120,758 to $124,065, a 2.74% increase.

The 5 largest ethnic groups in Princeton Meadows, NJ are Asian (Non-Hispanic) (62%), White (Non-Hispanic) (22.7%), Black or African American (Non-Hispanic) (7.55%), Two Races Including Other (Hispanic) (2.02%), and Two Races Excluding Other, & Three or More Races (Non-Hispanic) (1.99%).

None of the households in Princeton Meadows, 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.

71.5% of the residents in Princeton Meadows, NJ are U.S. citizens.

In 2023, the median property value in Princeton Meadows, NJ was $636,300, and the homeownership rate was 38.8%.

Most people in Princeton Meadows, NJ drove alone to work, and the average commute time was 32.7 minutes. The average car ownership in Princeton Meadows, NJ was 1 car per household.

United StatesNew JerseyMiddlesex County, NJNew York-Newark-Jersey City, NY-NJ-PAMiddlesex County (Southwest) PUMA, NJ

Population & Diversity

Princeton Meadows, NJ is home to a population of 15.4k people, from which 71.5% are citizens. As of 2023, 52.1% of Princeton Meadows, NJ residents were born outside of the country (8.01k people).

In 2023, there were 2.73 times more Asian (Non-Hispanic) residents (9.54k people) in Princeton Meadows, NJ than any other race or ethnicity. There were 3.49k White (Non-Hispanic) and 1.16k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

71.5%
2023 Citizenship
70.2%
2022 Citizenship

As of 2023, 71.5% of Princeton Meadows, NJ residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Princeton Meadows, NJ was 70.2%, meaning that the rate of citizenship has been increasing.

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

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Princeton Meadows, NJ
  1. Asian (Non-Hispanic)
    9.54k ± 1.07k
  2. White (Non-Hispanic)
    3.49k ± 663
  3. Black or African American (Non-Hispanic)
    1.16k ± 335
5.44%
Hispanic Population
837 people

In 2023, there were 2.73 times more Asian (Non-Hispanic) residents (9.54k people) in Princeton Meadows, NJ than any other race or ethnicity. There were 3.49k White (Non-Hispanic) and 1.16k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

5.44% of the people in Princeton Meadows, NJ are hispanic (837 people).

The following chart shows the 8 races represented in Princeton Meadows, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

52.1%
2023 Foreign-Born Population
8.01k people
52.6%
2022 Foreign-Born Population
8.2k people

As of 2023, 52.1% of Princeton Meadows, NJ residents (8.01k people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Princeton Meadows, NJ was 52.6%, meaning that the rate has been decreasing.

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

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Military

Veterans

Most Common Service Period
  1. Vietnam
    134 ± 209
  2. Korea
    16 ± 35
  3. Gulf War (1990s)
    15 ± 29

Princeton Meadows, NJ has a large population of military personnel who served in Vietnam, 8.38 times greater than any other conflict.

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Economy

The economy of Princeton Meadows, NJ employs 8.24k people. In 2023, the largest industries in Princeton Meadows, NJ were Professional, Scientific, & Technical Services (2,549 people), Finance & Insurance (847 people), and Manufacturing (802 people), and the highest paying industries were Wholesale Trade ($205,982), Finance & Insurance ($157,469), and Finance & Insurance, & Real Estate & Rental & Leasing ($144,680).

Employment

Occupations

8.24k
2023 Value
± 860
−1.23%
1 Year decline
± 14.8%

From 2022 to 2023, employment in Princeton Meadows, NJ declined at a rate of −1.23%, from 8.34k employees to 8.24k employees.

The most common job groups, by number of people living in Princeton Meadows, NJ, are Computer & Mathematical Occupations (1,958 people), Management Occupations (1,382 people), and Sales & Related Occupations (767 people). This chart illustrates the share breakdown of the primary jobs held by residents of Princeton Meadows, NJ.

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Unemployment Insurance Claims

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

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

8.24k
2023 Value
± 860
−1.23%
1 Year decline
± 14.8%

From 2022 to 2023, employment in Princeton Meadows, NJ declined at a rate of −1.23%, from 8.34k employees to 8.24k employees.

The most common employment sectors for those who live in Princeton Meadows, NJ, are Professional, Scientific, & Technical Services (2,549 people), Finance & Insurance (847 people), and Manufacturing (802 people). This chart shows the share breakdown of the primary industries for residents of Princeton Meadows, NJ, though some of these residents may live in Princeton Meadows, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$123,293
Median earning men ± $12,797
$72,083
Median earning women ± $8,480

The industries with the best median earnings for men in 2023 are Wholesale Trade ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($169,036), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($134,038).

The industries with the best median earnings for women in 2023 are Information ($117,986), Professional, Scientific, & Management, & Administrative & Waste Management Services ($99,167), and Wholesale Trade ($86,102).

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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.

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Education

Completions

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.

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Working Population

Educational Pyramid

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

In 2023, 1.22% of men over 25 years of age had not completed any academic degree (no schooling), while 1.18% of women were in the same situation.

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

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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 2023 were High School or Equivalent (1.91M), Bachelors Degree (1.8M), and Some college (1.26M).

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.

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Housing & Living

The median property value in Princeton Meadows, NJ was $636,300 in 2023, which is 2.1 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $584,500 to $636,300, a 8.86% increase. The homeownership rate in Princeton Meadows, NJ is 38.8%, which is lower than the national average of 65%.

People in Princeton Meadows, NJ have an average commute time of 32.7 minutes, and they drove alone to work. Car ownership in Princeton Meadows, NJ is lower than the national average, with an average of 1 car per household.

Housing

Property

$636,300
Median Property Value 2023
±$80,073
$2,409
Median Property Taxes
±$525

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 Meadows, NJ the largest share of households pay taxes in the $3k+ range.

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

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Rent vs Own

38.8%
Homeownership
2023
73%
Homeowners with Mortgage
2023

In 2023, 38.8% of the housing units in Princeton Meadows, NJ were occupied by their owner. This percentage declined from the previous year's rate of 40.7%.

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

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

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

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$124,065
Median Household Income
± $10,007
6.21k
Number of Households
± 681

In 2023, the median household income of the 6.21k households in Princeton Meadows, NJ grew to $124,065 from the previous year's value of $120,758.

The following chart displays the households in Princeton Meadows, 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.

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Wage Distribution

The closest comparable wage GINI for Princeton Meadows, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. 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.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (60.5%)
  2. Worked At Home (29.6%)
  3. Public Transit (5.04%)

In 2023, 60.5% of workers in Princeton Meadows, NJ drove alone to work, followed by those who worked at home (29.6%) and those who used public transit to get to work (5.04%).

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.

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Commute Time

32.7 minutes
Average Travel Time

Using averages, employees in Princeton Meadows, NJ have a longer commute time (32.7 minutes) than the normal US worker (26.6 minutes). Additionally, 11.2% of the workforce in Princeton Meadows, NJ have "super commutes" in excess of 90 minutes.

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

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Car Ownership

1 car
Average Number

The following chart displays the households in Princeton Meadows, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Princeton Meadows, NJ have 1 car.

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Poverty

Poverty & Diversity

2.58% of the population for whom poverty status is determined in Princeton Meadows, NJ (397 out of 15.4k 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 Females 25 - 34, followed by Males 65 - 74 and then Males 18 - 24.

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

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.

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Health

97.6% of the population of Princeton Meadows, NJ has health coverage, with 78.9% on employee plans, 5.48% on Medicaid, 6.43% on Medicare, 6.84% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 8.3% increase from the previous year (1,181 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 343 patients per year.

By gender, of the total number of insured persons, 48.1% were men and 51.9% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 24.7% under 18 years, 25.1% between 18 and 34 years, 41.8% between 35 and 64 years, and 8.38% over 64 years.

By gender, of the total number of insured persons, 48.1% were men and 51.9% were women.

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

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Uninsured People

2.37%
Uninsured
78.9%
Employer Coverage
5.48%
Medicaid
6.43%
Medicare
6.84%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Princeton Meadows, NJ grew by 16% from 2.04% to 2.37%.

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

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