Princeton, NC

Census Place

2024 Population

1,658

US Senator

Thom Tillis

Republican Party

US Senator

Ted Budd

Republican Party

2024 Median Age

2.3% 1-year decrease

2024 Poverty Rate

9.73%

8.15% 1-year decrease

2024 Median Household Income

$45,500

24.1% 1-year growth

2024 Median Property Value

$215,400

Population & Diversity

Princeton, NC is home to a population of 1.66k people, from which 90.7% are citizens.

As of 2024, 10.2% of Princeton, NC residents were born outside of the country (169 people).

In 2024, there were 2.29 times more White (Non-Hispanic) residents (913 people) in Princeton, NC than any other race or ethnicity. There were 398 Other (Hispanic) and 206 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

90.7%

2024 Citizenship

90%

2023 Citizenship

As of 2024, 90.7% of Princeton, NC residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Princeton, NC was 90%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Princeton, NC

White (Non-Hispanic)
913 ± 249
Other (Hispanic)
398 ± 551
Black or African American (Non-Hispanic)
206 ± 107

28.6%

Hispanic Population

474 people

28.6% of the people in Princeton, NC are hispanic (474 people).

The following chart shows the 8 races represented in Princeton, NC 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 North Carolina.

Most Common Origin

Mexico
228,441 ± 11,609 people
India
90,815 ± 7,367 people
Honduras
52,061 ± 5,588 people

In 2024, the most common birthplace for the foreign-born residents of North Carolina was Mexico, the natal country of 228,441 North Carolina residents, followed by India with 90,815 and Honduras with 52,061.

Foreign-Born Population

10.2%

2024 Foreign-Born Population

169 people

10.4%

2023 Foreign-Born Population

161 people

As of 2024, 10.2% of Princeton, NC residents (169 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, NC was 10.4%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
27 ± 27
Vietnam
17 ± 19
Gulf War (1990s)
10 ± 11

Princeton, NC has a large population of military personnel who served in Gulf War (2001-), 1.59 times greater than any other conflict.

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

Economy

The economy of Princeton, NC employs 659 people. In 2024, the largest industries in Princeton, NC were Construction (170 people), Health Care & Social Assistance (87 people), and Manufacturing (79 people), and the highest paying industries were Manufacturing ($80,208), Professional, Scientific, & Management, & Administrative & Waste Management Services ($61,250), and Health Care & Social Assistance ($50,938).

Employment

Occupations

659

2024 Value

± 186

14.6%

1 Year growth

± 37.5%

From 2023 to 2024, employment in Princeton, NC grew at a rate of 14.6%, from 575 employees to 659 employees.

The most common job groups, by number of people living in Princeton, NC, are Office & Administrative Support Occupations (114 people), Construction & Extraction Occupations (99 people), and Installation, Maintenance, & Repair Occupations (85 people). This chart illustrates the share breakdown of the primary jobs held by residents of Princeton, NC.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in North Carolina (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

659

2024 Value

± 186

14.6%

1 Year growth

± 37.5%

From 2023 to 2024, employment in Princeton, NC grew at a rate of 14.6%, from 575 employees to 659 employees.

The most common employment sectors for those who live in Princeton, NC, are Construction (170 people), Health Care & Social Assistance (87 people), and Manufacturing (79 people). This chart shows the share breakdown of the primary industries for residents of Princeton, NC, though some of these residents may live in Princeton, NC and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$55,625

Median earning men ± $16,453

$39,063

Median earning women ± $13,679

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($70,313), Public Administration ($67,000), and Manufacturing ($57,500).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($45,556), Public Administration ($40,375), and Retail Trade ($28,250).

Housing & Living

The median property value in Princeton, NC was $215,400 in 2024, which is 0.647 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $165,800 to $215,400, a 29.9% increase. The homeownership rate in Princeton, NC is 49.7%, which is lower than the national average of 65.2%.

People in Princeton, NC have an average commute time of 30.1 minutes, and they drove alone to work. Car ownership in Princeton, NC is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$215,400

Median Property Value 2024

±$84,847

$330

Median Property Taxes

±$95

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

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

Rent vs Own

49.7%

Homeownership

2024

71.2%

Homeowners with Mortgage

2024

In 2024, 49.7% of the housing units in Princeton, NC were occupied by their owner. This percentage grew from the previous year's rate of 48.7%.

This chart shows the percentage of owner in Princeton, NC 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.

$45,500

Median Household Income

± $25,915

664

Number of Households

± 172

In 2024, the median household income of the 664 households in Princeton, NC grew to $45,500 from the previous year's value of $36,656.

The following chart displays the households in Princeton, NC 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 $100k - $125k range.

Wage Distribution

The closest comparable wage GINI for Princeton, NC is from North Carolina.

0.466

2024 Wage GINI in North Carolina

0.467

2023 Wage GINI in North Carolina

In 2024, the income inequality in North Carolina was 0.466 according to the GINI calculation of the wage distribution. Income inequality had a 0.16% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for North Carolina was lower than than the national average of 0.474. In other words, wages are distributed more evenly in North Carolina in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (91.9%)
Worked At Home (5.68%)
Carpooled (1.2%)

In 2024, 91.9% of workers in Princeton, NC drove alone to work, followed by those who worked at home (5.68%) and those who carpooled to work (1.2%).

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

30.1 minutes

Average Travel Time

Using averages, employees in Princeton, NC have a longer commute time (30.1 minutes) than the normal US worker (26.4 minutes). Additionally, 1.74% of the workforce in Princeton, NC have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

9.73% of the population for whom poverty status is determined in Princeton, NC (161 out of 1.65k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 35 - 44, followed by Females 45 - 54 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Princeton, NC is White, followed by Hispanic 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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