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) 1,572.00
Household Size (ppl) 2.424
Households w/ Children 28 %

Housing Stability

Annual Residential Turnover 17 %
5+ Years in Residency 32 %
Median Year in Residency 2.98

Housing Inventory

Princeton, NJ Housing Inventory 5,674 677 3,659 5,674 677 3,659

Market Overview

225 listings with an estimated median price of $799,000

Price Count
$0 - 100K 1
$100K - 200K 7
$200K - 300K 7
$300K - 400K 16
$400K - 500K 21
$500K - 600K 25
$600K - 700K 18
$700K - 800K 19
$800K - 900K 13
$900K - 1M 15
$1M - Max 83
Property Type Count
Single Family 138
Townhouse 31
Condo 33
Commercial 9
Rental 76
Lots and Land 11
Multi Family 3

(Data as of 1/17/2019)

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: 28,191

Households:9,333

Median Age: 32.30

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 1,273 300 4,542 1,179 278 421 8,561 1,273 300 4,542 1,179 278 421 8,561

Employment and Finance

Workforce

Princeton, NJ Workforce

Income by dollar range (Median Income: $118,086)

Princeton, NJ Income by dollar range 363 210 221 228 339 361 320 85 117 440 670 788 725 541 1,966 788 1,079 92

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
$863
One Bedroom
$1,087
Two Bedroom
$1,328
Three Bedroom
$1,746
Four Bedroom
$2,023

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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