Princeton is a somewhat small city located in the state of Minnesota. With a population of 5,329 people and five associated neighborhoods, Princeton is the 161st largest community in Minnesota.

In terms of college education, the citizens of Princeton rank slightly lower than the national average. 14.26% of adults 25 and older in Princeton have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.

The per capita income in Princeton in 2022 was $31,966, which is lower middle income relative to Minnesota and the nation. This equates to an annual income of $127,864 for a family of four. However, Princeton contains both very wealthy and poor people as well.

The people who call Princeton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Princeton residents report their race to be White, followed by Native American. Important ancestries of people in Princeton include German, Norwegian, Irish, Swedish, and English.

The most common language spoken in Princeton is English. Other important languages spoken here include Polish and Spanish.