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ZipNumbers

Indiana · Census place 62046

Princeton city, IN

Quick answer

Princeton city has 8,347 residents, ranking #92 of 976 places in Indiana. Median household income is $57,234, the median home is worth $117,100 and median gross rent runs $892 a month.

Population
8,347Princeton city residents
Median household income
$57,234Past 12 months, inflation adjusted
Median home value
$117,100Owner-occupied units
Median gross rent
$892Rent plus utilities, monthly
Median age
38.2 yrsAll residents
Homeownership rate
60.5%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 18.7% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.8% of residents and 60.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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