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ZipNumbers

New Jersey · Census place 60900

Princeton, NJ

Quick answer

Princeton has 30,451 residents, ranking #31 of 700 places in New Jersey. Median household income is $184,113, the median home is worth $1,040,400 and median gross rent runs $2,448 a month.

Population
30,451Princeton residents
Median household income
$184,113Past 12 months, inflation adjusted
Median home value
$1,040,400Owner-occupied units
Median gross rent
$2,448Rent plus utilities, monthly
Median age
27.5 yrsAll residents
Homeownership rate
56%Owner-occupied households

What the numbers mean in Princeton

Housing cost measured against local earnings.

A household earning the Princeton median would spend about 16% 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 5.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.8% of residents and 56% 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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