Population 8,401 · Census ACS 2020–24
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Population and households in Princeton
Household size in Princeton
| Period | Princeton | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.32 | 2.51 | 2.68 |
| 2010–14 | 2.38 | 2.53 | 2.73 |
| 2015–19 | 2.48 | 2.52 | 2.71 |
| 2020–24 | 2.48 | 2.51 | 2.65 |
| Change | +0.16 | −0.00 | −0.03 |
Households in Princeton run small, averaging 2.48 people against 2.65 nationally, which usually means more singles and couples and fewer children. Since 2006–10, household size has climbed from 2.32, even as the national average fell. The biggest households, usually families with children, are concentrated in the east.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 45.6 | 38.5 | 37.7 |
| 2010–14 | 41.2 | 39.3 | 38.6 |
| 2015–19 | 38.8 | 40.0 | 39.6 |
| 2020–24 | 44.0 | 39.9 | 40.1 |
| Change | −1.6 | +1.5 | +2.3 |
Princeton skews older than the country: its median age is 44.0, against 40.1 nationally. Since 2006–10, the median age has dropped from 45.6, even as the national median rose. Residents skew youngest in the east and oldest in the center.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 6.9% | 11.7% | 12.3% |
| 2010–14 | 14.7% | 11.9% | 12.3% |
| 2015–19 | 14.0% | 11.8% | 11.6% |
| 2020–24 | 15.5% | 11.9% | 11.6% |
| Change | +8.6 pts | +0.2 pts | −0.6 pts |
Single-parent households are common in Princeton: 15.5% of all households, against 11.6% nationally. Since 2006–10, the single-parent share has risen 8.6 points, even as the national share fell. Princeton has a higher share of single-parent households than at least four in five Kentucky cities.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 26.7% | 30.1% | 33.3% |
| 2010–14 | 32.8% | 32.3% | 35.6% |
| 2015–19 | 26.9% | 32.8% | 36.0% |
| 2020–24 | 39.1% | 31.7% | 34.8% |
| Change | +12.4 pts | +1.5 pts | +1.5 pts |
Renting is a bit more common in Princeton than nationally: 39.1% of households rent their homes, against 34.8% for the U.S. Among homeowners, 52.4% have no mortgage at all, well above the national share of 39.8%. Renting is most common in the north and least common in the southwest. Since 2006–10, the renter share has risen 12.4 points, a much bigger shift than nationally.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 18.6% | 12.2% | 11.4% |
| 2010–14 | 14.9% | 11.9% | 11.4% |
| 2015–19 | 16.7% | 12.3% | 11.1% |
| 2020–24 | 17.0% | 10.6% | 9.6% |
| Change | −1.6 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 17.0% of the housing in Princeton, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Vacancy is down 1.6 points from 2006–10, as it has nationally.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1961 | 1977 | 1974 |
| 2010–14 | 1967 | 1979 | 1975 |
| 2015–19 | 1971 | 1980 | 1977 |
| 2020–24 | 1969 | 1982 | 1980 |
| Change | +8 | +5 | +6 |
Princeton is a place of older homes: half were built before 1969, while the national median is 1980. That means established neighborhoods, and more houses that may need updating. Newer construction is concentrated in the northwest, while the east has the oldest housing. Only eight of the 146 Kentucky cities with 5,000+ people have older homes.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $479 | $657 | $965 |
| 2010–14 | $575 | $728 | $1,040 |
| 2015–19 | $588 | $814 | $1,213 |
| 2020–24 | $775 | $1,024 | $1,571 |
| Change | +$296 | +$367 | +$606 |
A typical rental in Princeton costs $775 a month with utilities, well below the national median of $1,571. Rents are up $296 a month from 2006–10, a 62% jump, roughly in step with the nation. Rent takes 23.2% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 16.2% | 21.3% | 28.4% |
| 2010–14 | 17.4% | 22.5% | 29.6% |
| 2015–19 | 17.3% | 24.5% | 32.1% |
| 2020–24 | 17.5% | 27.6% | 35.6% |
| Change | +1.3 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Princeton: 17.5% 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 edged up 1.3 points, a smaller shift than nationally. College graduates are most concentrated in the south and least in the east.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 81.7% | 81.7% | 84.9% |
| 2010–14 | 87.8% | 83.9% | 86.1% |
| 2015–19 | 87.0% | 86.4% | 87.7% |
| 2020–24 | 90.1% | 88.8% | 89.3% |
| Change | +8.4 pts | +7.2 pts | +4.3 pts |
High school completion in Princeton is close to the national rate: 90.1% of adults have a diploma or equivalent, against 89.3%. The share with a diploma is up 8.4 points from 2006–10, in line with the national trend.
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 | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 7.6% | 8.4% | 8.1% |
| 2010–14 | 11.6% | 9.5% | 9.4% |
| 2015–19 | 3.0% | 5.8% | 5.6% |
| 2020–24 | 3.9% | 5.1% | 5.4% |
| Change | −3.8 pts | −3.3 pts | −2.7 pts |
Unemployment in Princeton runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. Unemployment is down 3.8 points from 2006–10, in line with the national trend. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current 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 | 2.48 | 44.0 | 15.5% | 39.1% | 17.0% | 1969 | $775 | 17.5% | 90.1% | 3.9% |
| Crowtown | 2.49 | 41.1 | 6.6% | 33.5% | 13.9% | 1982 | $838 | 17.9% | 95.0% | 12.3% |
| Dulaney | 2.72 | 47.7 | 15.5% | 35.5% | 25.3% | 1975 | $690 | 14.1% | 81.2% | 2.7% |
| McGowan | 2.58 | 47.2 | 1.1% | 1.9% | 27.5% | 1979 | $768 | 27.8% | 96.0% | 0.0% |
| Pumpkin Center | 2.23 | 56.6 | 11.5% | 10.9% | 40.3% | 1995 | $683 | 19.2% | 94.3% | 0.0% |
| Crider | 2.70 | 39.7 | 5.9% | 17.8% | 14.8% | 1978 | $906 | 21.1% | 93.6% | 4.7% |
| Farmersville | 2.11 | 36.8 | 7.3% | 14.6% | 11.9% | 1986 | $753 | 8.4% | 90.3% | 6.5% |
| Scottsburg | 2.30 | 54.7 | 9.4% | 9.5% | 37.7% | 1992 | $653 | 20.9% | 94.6% | 0.0% |
| Saratoga | 2.26 | 50.0 | 5.8% | 7.9% | 33.3% | 1986 | $1,223 | 23.9% | 93.1% | 3.0% |
| Olney | 2.64 | 45.6 | 7.4% | 29.8% | 23.0% | 1976 | $897 | 12.0% | 91.3% | 7.2% |
| Needmore | 2.11 | 36.9 | 7.3% | 14.8% | 11.9% | 1986 | $754 | 8.5% | 90.3% | 6.5% |
All figures 2020–24.
Cities with similar populations: Castle Hayne, NC · Bunnell, FL · Burlington, CT · York, ME · Yoakum, TX · Yarmouth, ME · Wyoming, OH · Woodbury, NY · Carleton, MI · Woodbridge, CT
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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