City

Princeton Junction, NJ

1 ZIP code  ·  Mercer County  ·  New Jersey

👥20,876Population
💰$206,658Median HH Income▲ 171% above avg
🎂45.1Median Age
🏠$758,900Median Home Value▲ 172% above avg
🎓86.6%College Grads▲ 124% above avg
📊3.1%Unemployment▼ 37% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.1% Female 49.9% ♀

Race & Ethnicity

White: 36.9%Hispanic: 5.7%Black: 1%Asian: 52.6%Other: 3.1%Race
White36.9%
Hispanic5.7%
Black1.0%
Asian52.6%
Other3.1%

Age Breakdown

Under 5
4%
5–17
20%
18–24
5%
25–44
21%
45–64
33%
65+
8%

Key Indicators

Median Age45.1 yrs
Avg HH Size2.70
Below Poverty2.5% ▼ 75% below avg
College Grads86.6% ▲ 124% above avg
Unemployment3.1% ▼ 37% below avg
No HS Diploma48 (0.4%)
HS Graduate841 (6.4%)
Some College145 (1.1%)
Associates733 (5.6%)
Bachelors420 (3.2%)
Graduate Degree10,997 (83.4%)

Education

No HS: 0.4%HS Grad: 6.4%Some College: 1.1%Associates: 5.6%Bachelors: 3.2%Graduate: 83.4%Edu
No HS0.4%
HS Grad6.4%
Some College1.1%
Associates5.6%
Bachelors3.2%
Graduate83.4%
Housing & Income

Housing Tenure

Owner: 76.3%Renter: 23.7%Tenure
Owner76.3%
Renter23.7%

Home Value Distribution

$50k–$100k
1%
$100k–$150k
1%
$150k–$200k
1%
$200k–$300k
1%
$300k–$500k
12%
Over $500k
86%

Financials

Median HH Income$206,658 ▲ 171% above avg
Median Home Value$758,900 ▲ 172% above avg
Home/Income Ratio3.7x (nat avg ~3.5x)
Median Rent$2,694/mo
Total Housing Units7,839
Vacant Units102

Income Distribution

Under $25k
5%
$25k–$50k
5%
$50k–$75k
5%
$75k–$100k
6%
$100k–$150k
9%
$150k–$200k
16%
Over $200k
53%
Employment & Commute

How People Get to Work

Drove Alone
40%
Public Transit
15%
Walked
1%
Work From Home
43%

Commute Time

Under 15 min
15%
15–30 min
32%
30–45 min
12%
Over 45 min
40%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
6%
1960s–1970s
23%
1980s–1990s
18%
2000+
52%
About Princeton Junction, NJ

Princeton Junction is a city in New Jersey, located in Mercer County. The city spans 1 ZIP code and is home to approximately 20,876 residents. It is a mature city, with a median age of 45.1 years.

Economically, Princeton Junction is a affluent community. The median household income of $206,658 is more than double the national average. Approximately 2.5% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.

The real estate market in Princeton Junction is a premium housing market. Median home values stand at $758,900, which is more than double the national average. Renters typically pay around $2,694 per month. Homeownership is high at 76.3%, typical of suburban and family-oriented communities.

The population of Princeton Junction is highly educated. 86.6% of adults hold a bachelor's degree or higher — more than double the national average. The community is majority Asian (52.55%).

Princeton Junction, NJ offers residents above-average earning potential within New Jersey.

ZIP Codes in Princeton Junction
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
08550 20,876 $206,658 $758,900 $2,694 3.1% 86.6% 76.3%