Princeton, NJ Overview

Offering a stimulating atmosphere and university town energy, Princeton Borough creates a distinctive small-town lifestyle.  The area's strong research base fueled a business explosion in the last two decades of the 20th century.  Princeton University’s Neogothic structures, lovely tree-lined streets, historic monuments, and ornate homes create an enchanting setting.  The university influence enriches the community and sets exceptionally high educational standards.  Recreational amenities include active YMCA and YWCA, athletic fields, tennis courts, swimming pools, an ice-skating rink, and lush parks with trails.  Also nearby are forested wildlife reservations, Historic Princeton Battlefield State Park, golfing, and Carnegie Lake for sailing and crew.  Encircling the borough, Princeton Township provides a more suburban atmosphere with immediate access to the borough's amenities.

Summary

Population Growth (since 2000) -7%
Population Density (ppl / mile) 1,566.00
Household Size (ppl) 2.42
Households w/ Children 27%

Housing Stability

Annual Residential Turnover 0%
5+ Years in Residency 32%
Median Year in Residency 2.98

Housing Inventory

Princeton, NJ Housing Inventory 5,683 756 3,621 5,683 756 3,621

Market Overview

320 listings with an estimated median price of $867,250

Price Count
$100K - 200K 6
$200K - 300K 16
$300K - 400K 21
$400K - 500K 32
$500K - 600K 18
$600K - 700K 30
$700K - 800K 25
$800K - 900K 18
$900K - 1M 25
$1M - Max 129
Property Type Count
Single Family 211
Townhouse 46
Condo 38
Commercial 6
Rental 58
Lots and Land 15
Condo/Town/CoOp 1
Multi Family 2
Farms 1

(Data as of 5/24/2022)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Princeton, NJ Population Demographics

Total: 28,078

Households:9,304

Median Age: 32.92

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Princeton, NJ Temperature

Weather Risk

Princeton, NJ Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Princeton, NJ Education Climate Index

Highest Education Level Attained

Princeton, NJ Highest Education Level Attained 1,123 422 4,156 1,167 297 460 9,062 1,123 422 4,156 1,167 297 460 9,062

Employment and Finance

Workforce

Princeton, NJ Workforce

Income by dollar range (Median Income: $120,565)

Princeton, NJ Income by dollar range 377 124 170 249 265 347 328 210 132 325 650 798 823 442 1,324 1,533 659 548

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$947
One Bedroom
$1,109
Two Bedroom
$1,364
Three Bedroom
$1,793
Four Bedroom
$2,073

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
Yes
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Princeton, NJ Crime

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