Princeton, MA
Maps & Population Facts
Population
3,438
Population Density
97
Labor Participaton
68.7%
Bachelor's or Higher
61.3%
Median Household Income
$128,006
Median Individual Income
$62,589
Median Individual Income(Full-time Workers Only)
$80,871
Housing Estimates
Median House Value
$381,700
Median Gross Rent
$1,129
Median Mortgage Payment
$2,512
Housing Units
1,315
People who reside in Princeton live in:
Detached - Single Family Homes
97%
Apt, Condo, Other
3%
Analysis
Income
Households in Princeton earn significantly more money than the national median income, averaging 1.12% higher per household.
Housing
Princeton has a median house price of $381,700. The cost of homeownership is higher than most areas. The cost of renting in Princeton is 12% more than the national average.
Percent | |
---|---|
Renter Occupied Households | 38% |
New Construction (Built after 2000) | 9% |
Demographics
The median age in Princeton is 48. Princeton has a population that is significantly older than in comparison to the US median age.
Princeton ranks in the highest of the nation for having an educated population with more college graduates per resident than most areas.
Housing Data
Housing Comparison
Princeton | Massachusetts | USA | |
Median Property Value | 381,700 | 385,400 | 217,600 |
Median Mortgage Payment | 2,512 | 2,108 | 1,513 |
Median Gross Rent | 1,129 | 1,208 | 1,012 |
Property Vacancy | 2.7% | 10.0% | 12.6% |
% Renters | 9% | 38% | 36% |
Residents per Sq. Mi. | 97 | 885 | 93 |
Personal Comparison
Princeton | Massachusetts | USA | |
Median Household Income | 128,006 | 77,385 | 60,336 |
Median Individual Income | 62,589 | 41,700 | 33,646 |
Median Income (Full-Time) | 80,871 | 60,923 | 46,881 |
Median Age | 48.4 | 39.5 | 38.1 |
Labor Participation | 68.7% | 67.8% | 62.8% |
Attained College Degree | 61.3% | 43.4% | 32.0% |
Population Density Analysis
Princeton, MA
97
Residents per Sq. Mile
The population density of Princeton is comparable to that of a Remote Area.
Major City
10,000 Residents +
Mid-Sized City
5,000 Residents +
Small City
2,500 Residents +
Suburban
500 Residents +
Rural
100 Residents +
Remote
1 Residents +