Princeton is a medium-sized city located in the state of Texas. With a population of 22,900 people and five associated neighborhoods, Princeton is the 170th largest community in Texas. Much of the housing stock in Princeton was built relatively recently. The construction of new real estate can often be taken as an indication that the local Princeton economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Princeton, where the median household income is $93,586.00. Princeton real estate is some of the most expensive in Texas, although Princeton house values don't compare to the most expensive real estate in the U.S.Princeton is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Princeton is a city of service providers, professionals, and sales and office workers. There are especially a lot of people living in Princeton who work in sales jobs (10.85%), business and financial occupations (9.80%), and office and administrative support (9.77%). 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. Telecommuters are a relatively large percentage of the workforce: 12.25% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Princeton’s overall crime rate is lower than average for the country. In Princeton, however, the average commute to work is quite long. On average, people spend 33.38 minutes each day getting to work, which is significantly higher than the national average. Being a small city, Princeton does not have a public transit system used by locals to get to and from work.In terms of college education, Princeton is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 27.09% of adults 25 and older in the city have at least a bachelor's degree. The per capita income in Princeton in 2022 was $33,975, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $135,900 for a family of four. However, Princeton contains both very wealthy and poor people as well. 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 Black or African-American. Princeton also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 26.59% of the city’s residents. Important ancestries of people in Princeton include German, English, Irish, Italian, and African. The most common language spoken in Princeton is English. Other important languages spoken here include Spanish and Polish.
