City

Princeton, NJ

5 ZIP codes  ·  Mercer County  ·  New Jersey

👥56,462Population
💰$166,865Median HH Income▲ 119% above avg
🎂38.6Median Age
🏠$724,861Median Home Value▲ 160% above avg
🎓86.3%College Grads▲ 123% above avg
📊4.5%Unemployment▼ 8% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.9% Female 50.1% ♀

Race & Ethnicity

White: 52%Hispanic: 7.8%Black: 5.9%Asian: 29.7%Other: 3.5%Race
White52.0%
Hispanic7.8%
Black5.9%
Asian29.7%
Other3.5%

Age Breakdown

Under 5
4%
5–17
16%
18–24
18%
25–44
22%
45–64
26%
65+
5%

Key Indicators

Median Age38.6 yrs
Avg HH Size2.64
Below Poverty7.0% ▼ 31% below avg
College Grads86.3% ▲ 123% above avg
Unemployment4.5% ▼ 8% below avg
No HS Diploma104 (0.3%)
HS Graduate1,984 (6.6%)
Some College882 (3%)
Associates1,426 (4.8%)
Bachelors1,371 (4.6%)
Graduate Degree24,070 (80.7%)

Education

No HS: 0.3%HS Grad: 6.6%Some College: 3%Associates: 4.8%Bachelors: 4.6%Graduate: 80.7%Edu
No HS0.3%
HS Grad6.6%
Some College3.0%
Associates4.8%
Bachelors4.6%
Graduate80.7%
Housing & Income

Housing Tenure

Owner: 57.1%Renter: 42.9%Tenure
Owner57.1%
Renter42.9%

Home Value Distribution

Under $50k
2%
$50k–$100k
1%
$100k–$150k
2%
$150k–$200k
2%
$200k–$300k
2%
$300k–$500k
15%
Over $500k
77%

Financials

Median HH Income$166,865 ▲ 119% above avg
Median Home Value$724,860 ▲ 160% above avg
Home/Income Ratio4.3x (nat avg ~3.5x)
Median Rent$2,098/mo
Total Housing Units20,561
Vacant Units1,292

Income Distribution

Under $25k
9%
$25k–$50k
7%
$50k–$75k
8%
$75k–$100k
9%
$100k–$150k
13%
$150k–$200k
11%
Over $200k
43%
Employment & Commute

How People Get to Work

Drove Alone
44%
Public Transit
8%
Walked
11%
Work From Home
36%

Commute Time

Under 15 min
32%
15–30 min
34%
30–45 min
13%
Over 45 min
21%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
9%
1960s–1970s
14%
1980s–1990s
18%
2000+
56%
About Princeton, NJ

Princeton is a city in New Jersey, located in Mercer County. The city spans 5 ZIP codes and is home to approximately 56,462 residents. It is a middle-aged city, with a median age of 38.58 years.

Economically, Princeton is a affluent community. The median household income of $166,864 is more than double the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 4.5%, near the national average.

The real estate market in Princeton is a premium housing market. Median home values stand at $724,860, which is more than double the national average. Renters typically pay around $2,097 per month.

The population of Princeton is highly educated. 86.3% of adults hold a bachelor's degree or higher — more than double the national average. The community is majority White (52.02%).

Princeton, NJ offers residents above-average earning potential within New Jersey. Spread across 5 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Princeton
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
08540 49,499 $169,898 $723,400 $2,083 4.0% 86.2% 63.4%
08542 2,415 $104,694 $754,800 $2,398 3.0% 67.7% 36.0%