Princeton is a medium-sized city located in the state of New Jersey. With a population of 31,445 people and ten associated neighborhoods, Princeton is the 58th largest community in New Jersey.
Princeton home prices are not only among the most expensive in New Jersey, but Princeton real estate also consistently ranks among the most expensive in America.
And if you like science, one thing you'll find is that Princeton has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Also of interest is that Princeton has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Princeton is also a city of artists. Princeton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Princeton’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 32.74% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Princeton is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Princeton have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Princeton’s economy is one such example of this.
Princeton, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
Although the majority of commuting trips in the city are by private automobile, Princeton is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Princeton area by reducing both traffic and air pollution.
Do you like to read, write and learn? If you move to Princeton, you'll likely find that many of your neighbors like to as well. Princeton is one of the more educated communities in America, with a full 84.71% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Princeton in 2022 was $87,301, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $349,204 for a family of four.
Princeton is an extremely ethnically-diverse city. 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 Asian. Important ancestries of people in Princeton include German, Irish, English, Italian, and French.
Foreign born people are also an important part of Princeton's cultural character, accounting for 30.86% of the city’s population.
The most common language spoken in Princeton is English. Other important languages spoken here include Chinese and Spanish.