Population 10,355 · Census ACS 2020–24
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Population and households in Princeton
Household size in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 2.43 | 2.57 | 2.68 |
| 2010–14 | 2.49 | 2.59 | 2.73 |
| 2015–19 | 2.40 | 2.57 | 2.71 |
| 2020–24 | 2.38 | 2.54 | 2.65 |
| Change | −0.05 | −0.03 | −0.03 |
Princeton is a place of small households, averaging 2.38 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has edged down from 2.43, in line with the national trend.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 39.1 | 37.5 | 37.7 |
| 2010–14 | 38.4 | 38.4 | 38.6 |
| 2015–19 | 39.8 | 39.1 | 39.6 |
| 2020–24 | 38.8 | 39.3 | 40.1 |
| Change | −0.3 | +1.7 | +2.3 |
Half of the people in Princeton are younger than 38.8 and half are older, close to the national median of 40.1. The youngest areas are in the west, the oldest in the northeast.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 10.7% | 11.8% | 12.3% |
| 2010–14 | 10.3% | 12.0% | 12.3% |
| 2015–19 | 14.1% | 11.6% | 11.6% |
| 2020–24 | 9.8% | 11.7% | 11.6% |
| Change | −0.9 pts | −0.1 pts | −0.6 pts |
Single-parent households are a bit less common in Princeton than nationally: 9.8%, against 11.6%. The single-parent share has edged down 0.9 points since 2006–10, mirroring the country.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Princeton
Renters in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 32.3% | 28.5% | 33.3% |
| 2010–14 | 28.7% | 30.5% | 35.6% |
| 2015–19 | 37.8% | 30.9% | 36.0% |
| 2020–24 | 31.7% | 29.4% | 34.8% |
| Change | −0.6 pts | +1.0 pts | +1.5 pts |
Nearly a third of households in Princeton rent their homes (31.7%), a little below the national share of 34.8%; the rest own. About four in ten owners (39.6%) have paid off their mortgages, about the same as nationally. Renting is most common in the west and least common in the southeast. The renter share is down 0.6 points from 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 14.6% | 11.2% | 11.4% |
| 2010–14 | 12.7% | 11.2% | 11.4% |
| 2015–19 | 12.9% | 10.9% | 11.1% |
| 2020–24 | 11.8% | 9.3% | 9.6% |
| Change | −2.9 pts | −2.0 pts | −1.8 pts |
A few more homes sit empty in Princeton than nationally: 11.8%, against 9.6%. The count includes vacation homes and homes between owners or tenants, not just abandoned ones. Vacancy is down 2.9 points from 2006–10, mirroring the country.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 1961 | 1972 | 1974 |
| 2010–14 | 1964 | 1973 | 1975 |
| 2015–19 | 1963 | 1974 | 1977 |
| 2020–24 | 1968 | 1977 | 1980 |
| Change | +6 | +5 | +6 |
The housing in Princeton is old by national standards: the median home dates to 1968, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. The median year built has moved up from 1961 in 2006–10, a sign of steady new building. Newer construction is concentrated in the west, while the east has the oldest housing.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | $601 | $763 | $965 |
| 2010–14 | $657 | $819 | $1,040 |
| 2015–19 | $688 | $903 | $1,213 |
| 2020–24 | $997 | $1,146 | $1,571 |
| Change | +$396 | +$384 | +$606 |
The median renter in Princeton pays $997 a month for rent and utilities, well below the national median of $1,571. Rents are up $396 a month from 2006–10, a 66% jump, faster than rents rose nationally. The typical renter here spends 31.7% of household income on rent, just over the 30% mark often used to define affordable rent. Rents run highest in the southwest and lowest in the north.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Princeton
Bachelor's degrees in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 17.5% | 23.8% | 28.4% |
| 2010–14 | 14.5% | 24.6% | 29.6% |
| 2015–19 | 13.0% | 27.1% | 32.1% |
| 2020–24 | 12.1% | 30.0% | 35.6% |
| Change | −5.4 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Princeton: 12.1% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. Since 2006–10, the share with a degree has fallen 5.4 points, even as the national share rose. Of the 187 Indiana cities with 5,000+ people, only seven have a lower share of college graduates.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 87.0% | 86.5% | 84.9% |
| 2010–14 | 90.1% | 87.7% | 86.1% |
| 2015–19 | 90.4% | 88.7% | 87.7% |
| 2020–24 | 87.3% | 89.9% | 89.3% |
| Change | +0.2 pts | +3.4 pts | +4.3 pts |
About one in eight adults in Princeton never finished high school, a bit more than nationally: 87.3% have a diploma or equivalent, against 89.3% across the U.S. Princeton has a lower share of high school graduates than most Indiana cities.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Princeton
| Period | Princeton | Indiana | U.S. |
|---|---|---|---|
| 2006–10 | 9.2% | 8.4% | 8.1% |
| 2010–14 | 6.2% | 8.9% | 9.4% |
| 2015–19 | 3.2% | 4.9% | 5.6% |
| 2020–24 | 2.5% | 4.3% | 5.4% |
| Change | −6.7 pts | −4.1 pts | −2.7 pts |
Unemployment in Princeton has been low: just 2.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 6.7 points from 2006–10, as it has nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Princeton compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Princeton | 2.38 | 38.8 | 9.8% | 31.7% | 11.8% | 1968 | $997 | 12.1% | 87.3% | 2.5% |
| Douglas | 2.32 | 44.8 | 7.1% | 14.7% | 9.3% | 1970 | $1,050 | 14.6% | 91.3% | 2.5% |
| Buckskin | 2.87 | 34.9 | 11.8% | 15.7% | 7.7% | 1987 | $1,021 | 17.8% | 88.9% | 3.3% |
| Patoka | 2.51 | 41.3 | 6.5% | 12.3% | 8.4% | 1979 | $758 | 21.0% | 95.4% | 0.7% |
| Francisco | 2.39 | 47.0 | 5.4% | 11.1% | 7.8% | 1966 | $980 | 17.6% | 94.8% | 0.8% |
| Fort Branch | 2.31 | 34.3 | 22.0% | 27.6% | 7.8% | 1974 | $1,019 | 25.9% | 95.1% | 2.2% |
| Mount Olympus | 2.31 | 54.1 | 5.7% | 3.5% | 8.4% | 1969 | $800 | 21.0% | 95.4% | 1.4% |
| Owensville | 2.51 | 38.8 | 6.7% | 18.8% | 10.0% | 1978 | $879 | 18.5% | 92.0% | 4.1% |
| East Mount Carmel | 2.83 | 38.0 | 11.1% | 12.3% | 8.4% | 1987 | $845 | 20.9% | 91.9% | 0.4% |
| Hazleton | 2.49 | 49.4 | 5.0% | 2.9% | 9.1% | 1970 | $790 | 20.8% | 92.9% | 3.3% |
| Mounts | 2.52 | 46.0 | 4.2% | 18.1% | 10.1% | 1985 | $953 | 22.6% | 93.8% | 1.1% |
All figures 2020–24.
Cities with similar populations: Waterford, NY · Celebration, FL · Center Valley, PA · Centerville, GA · Centerville, MA · Chadds Ford, PA · Chalco, NE · Cheat Lake, WV · Claremont, NC · Warr Acres, OK
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Princeton. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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