Illinois · Census place 61899
Princeton city, IL
Quick answer
Princeton city has 7,829 residents, ranking #271 of 1462 places in Illinois. Median household income is $57,682, the median home is worth $131,300 and median gross rent runs $739 a month.
- Population
- 7,829Princeton city residents
- Median household income
- $57,682Past 12 months, inflation adjusted
- Median home value
- $131,300Owner-occupied units
- Median gross rent
- $739Rent plus utilities, monthly
- Median age
- 45.4 yrsAll residents
- Homeownership rate
- 71.4%Owner-occupied households
What the numbers mean in Princeton city
Housing cost measured against local earnings.
A household earning the Princeton city median would spend about 15.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.8% of residents and 71.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Broadview village 7,898
- West Dundee village 7,867
- Round Lake Park village 7,833
- Park City city 7,631
- Inverness village 7,541
- North Riverside village 7,495
- Jerseyville city 7,432
Keep going
More Illinois coverage.