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
Compare with nearby places
Places of similar size in Indiana.
- McCordsville town 9,700
- Mooresville town 9,608
- Angola city 9,383
- Elwood city 8,320
- Charlestown city 8,118
- Brazil city 8,064
- Winfield town 7,501
Keep going
More Indiana coverage.