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
Compare with nearby places
Places of similar size in New Jersey.
- Garfield city 32,502
- Long Branch city 32,184
- Westfield town 30,760
- Rahway city 29,748
- Englewood city 29,342
- Bergenfield borough 28,269
- Old Bridge CDP 28,015
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More New Jersey coverage.