Princeton, NJ

Census Place

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2024 Population

30,756

US Senator

Cory Booker

Democratic Party

US Senator

Andy Kim

Democratic Party

2024 Median Age

28.5

3.64% 1-year increase

2024 Poverty Rate

6.12%

10.6% 1-year decrease

2024 Median Household Income

$192,079

4.33% 1-year growth

2024 Median Property Value

$1.05M

0.98% 1-year growth

2024 Employed Population

15,591

4.15% 1-year growth

About

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

The largest universities in Princeton, NJ are Princeton University (2,390 degrees awarded in 2023) and Princeton Theological Seminary (125 degrees).

In 2024, the median property value in Princeton, NJ was $1.05M, and the homeownership rate was 55.4%.

Most people in Princeton, NJ worked at home, and the average commute time was 24.2 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 30.8k people, from which 83% are citizens. As of 2024, 30.8% of Princeton, NJ residents were born outside of the country (9.48k people).

In 2024, there were 2.69 times more White (Non-Hispanic) residents (17.8k people) in Princeton, NJ than any other race or ethnicity. There were 6.62k Asian (Non-Hispanic) and 1.89k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

83%

2024 Citizenship

83.6%

2023 Citizenship

As of 2024, 83% of Princeton, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Princeton, NJ was 83.6%, 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)
17.8k ± 906
Asian (Non-Hispanic)
6.62k ± 653
Black or African American (Non-Hispanic)
1.89k ± 345

7.99%

Hispanic Population

2.46k people

7.99% of the people in Princeton, NJ are hispanic (2.46k people).

The following chart shows the 8 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
273,706 ± 12,653 people
Dominican Republic
205,965 ± 11,018 people
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.

Foreign-Born Population

30.8%

2024 Foreign-Born Population

9.48k people

29.8%

2023 Foreign-Born Population

9.07k people

As of 2024, 30.8% of Princeton, NJ residents (9.48k 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, NJ was 29.8%, 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
109 ± 64
Gulf War (2001-)
83 ± 62
Gulf War (1990s)
72 ± 53

Princeton, NJ has a large population of military personnel who served in Vietnam, 1.31 times greater than any other conflict.

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

Economy

The economy of Princeton, NJ employs 15.6k people. In 2024, the largest industries in Princeton, NJ were Educational Services (5,516 people), Professional, Scientific, & Technical Services (2,409 people), and Health Care & Social Assistance (1,726 people), and the highest paying industries were Manufacturing ($230,500), Finance & Insurance ($212,401), and Finance & Insurance, & Real Estate & Rental & Leasing ($210,853).

Employment

Occupations

15.6k

2024 Value

± 928

4.15%

1 Year growth

± 8.37%

From 2023 to 2024, employment in Princeton, NJ grew at a rate of 4.15%, from 15k employees to 15.6k employees.

The most common job groups, by number of people living in Princeton, NJ, are Education Instruction, & Library Occupations (3,467 people), Management Occupations (2,944 people), and Life, Physical, & Social Science Occupations (1,304 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 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.

Industries

Employment by Industries

15.6k

2024 Value

± 928

4.15%

1 Year growth

± 8.37%

From 2023 to 2024, employment in Princeton, NJ grew at a rate of 4.15%, from 15k employees to 15.6k employees.

The most common employment sectors for those who live in Princeton, NJ, are Educational Services (5,516 people), Professional, Scientific, & Technical Services (2,409 people), and Health Care & Social Assistance (1,726 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

$87,383

Median earning men ± $13,528

$53,117

Median earning women ± $11,106

The industries with the best median earnings for men in 2024 are Manufacturing ($240,000), Finance & Insurance, & Real Estate & Rental & Leasing ($222,987), and Wholesale Trade ($195,455).

The industries with the best median earnings for women in 2024 are Wholesale Trade ($196,000), Manufacturing ($186,667), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($111,256).

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 2023, universities in Princeton, NJ awarded 2,515 degrees. The student population of Princeton, NJ in 2023 is skewed towards men, with 4,761 male students and 4,448 female students.

Most students graduating from Universities in Princeton, NJ are White (926 and 48.3%), Asian (435 and 22.7%), Hispanic or Latino (227 and 11.8%), and Black or African American (146 and 7.62%).

The largest universities in Princeton, NJ by number of degrees awarded are Princeton University (2,390 and 95%) and Princeton Theological Seminary (125 and 4.97%).

The most popular majors in Princeton, NJ are Computer Science (285 and 11.3%), General Public Policy Analysis (217 and 8.63%), and Econometrics & Quantitative Economics (183 and 7.28%).

The median tuition cost in Princeton, NJ for private four year colleges is $59,710.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2023 in Princeton, NJ, the percentage of applicants admitted was 4.5%, while the percentage of admitted who enrolled was 76.7%. The number of students enrolled in 2023 was 9,209 (51.7% men and 48.3% 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 2023 there were 9,209 students enrolled in Princeton, NJ, 51.7% men and 48.3% women.

By race, the largest number of students enrolled was concentrated in White with 3,059 records, of which 46.7% were women and 53.3% men.

Completions

Concentrations

Most Common

General Public Policy Analysis
114 degrees awarded
Computer Science
201 degrees awarded
Econometrics & Quantitative Economics
132 degrees awarded

In 2023, the most common concentation for Bachelors Degree recipients in Princeton, NJ was General Public Policy Analysis with 114 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
2,390 degrees awarded
Princeton Theological Seminary
125 degrees awarded

In 2023, the institution with the largest number of graduating students was Princeton University with 2,390 degrees awarded.

Student Diversity

University

In 2023, 1,350 men were awarded degrees from institutions in Princeton, NJ, which is 1.16 times more than the 1,165 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 926 degrees mean that there were 2.13 times more degrees awarded to White students then the next closest race/ethnicity group, Asian, with 435 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 ($59,710) is the sector with the highest median state tuition in 2023.

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.

Housing & Living

The median property value in Princeton, NJ was $1.05M in 2024, which is 3.16 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $1.04M to $1.05M, a 0.98% increase. The homeownership rate in Princeton, NJ is 55.4%, which is lower than the national average of 65.2%.

People in Princeton, NJ have an average commute time of 24.2 minutes, and they worked at home. Car ownership in Princeton, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$1.05M

Median Property Value 2024

±$46,184

$5,149

Median Property Taxes

±$445

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

55.4%

Homeownership

2024

58.7%

Homeowners with Mortgage

2024

In 2024, 55.4% of the housing units in Princeton, NJ were occupied by their owner. This percentage declined from the previous year's rate of 56%.

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

$192,079

Median Household Income

± $24,402

9.3k

Number of Households

± 610

In 2024, the median household income of the 9.3k households in Princeton, NJ grew to $192,079 from the previous year's value of $184,113.

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.

0.486

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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Worked At Home (32.7%)
Drove Alone (32.1%)
Walked (19.9%)

In 2024, 32.7% of workers in Princeton, NJ worked at home, followed by those who drove alone to work (32.1%) and those who walked to work (19.9%).

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

24.2 minutes

Average Travel Time

Using averages, employees in Princeton, NJ have a shorter commute time (24.2 minutes) than the normal US worker (26.4 minutes). Additionally, 6.02% 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

6.12% of the population for whom poverty status is determined in Princeton, NJ (1.45k out of 23.6k 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 18 - 24, followed by Males 25 - 34 and then Females 75+.

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 66.6% on employee plans, 4.56% on Medicaid, 9.3% on Medicare, 17.4% on non-group plans, and 0.339% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22.7% under 18 years, 32.8% between 18 and 34 years, 31.7% between 35 and 64 years, and 12.8% over 64 years.

By gender, of the total number of insured persons, 49.4% were men and 50.6% were women.

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

Uninsured People

1.78%

Uninsured

66.6%

Employer Coverage

4.56%

Medicaid

9.3%

Medicare

17.4%

Non-Group

0.339%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Princeton, NJ declined by 2.04% from 1.82% to 1.78%.

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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