Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.0 yrs |
|---|---|
| Avg HH Size | 2.67 |
| Below Poverty | 6.4% ▼ 36% below avg |
| College Grads | 34.5% ▼ 11% below avg |
| Unemployment | 2.6% ▼ 46% below avg |
| No HS Diploma | 30 (0.3%) |
| HS Graduate | 3,867 (33.5%) |
| Some College | 1,650 (14.3%) |
| Associates | 2,021 (17.5%) |
| Bachelors | 1,783 (15.4%) |
| Graduate Degree | 2,200 (19%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,674 ▲ 18% above avg |
|---|---|
| Median Home Value | $299,100 ≈ Avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $946/mo |
| Total Housing Units | 6,838 |
| Vacant Units | 385 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Princeton is a city in Minnesota, located in Mille Lacs County. The city spans 1 ZIP code and is home to approximately 17,376 residents. It is a middle-aged city, with a median age of 40 years.
Economically, Princeton is a middle-income community. The median household income of $89,674 is above the national average. Approximately 6.4% of residents live below the poverty line. The unemployment rate is 2.6%, below the national average.
The real estate market in Princeton is a mid-range housing market. Median home values stand at $299,100, which is near the national average. Renters typically pay around $946 per month. Homeownership is high at 82.8%, typical of suburban and family-oriented communities.
The population of Princeton is moderately educated. 34.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (91.6%).
Princeton, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55371 | 17,376 | $89,674 | $299,100 | $946 | 2.6% | 34.5% | 82.8% |