Population 518 · Census ACS 2020–24
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Population and households in Princeton
Household size in Princeton
| Period | Princeton | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 2.35 | 2.58 | 2.68 |
| 2010–14 | 2.11 | 2.58 | 2.73 |
| 2015–19 | 2.04 | 2.53 | 2.71 |
| 2020–24 | 2.34 | 2.51 | 2.65 |
| Change | −0.01 | −0.06 | −0.03 |
Princeton is a place of small households, averaging 2.34 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 50.4 | 38.9 | 37.7 |
| 2010–14 | 57.4 | 40.1 | 38.6 |
| 2015–19 | 59.1 | 41.0 | 39.6 |
| 2020–24 | 56.4 | 41.3 | 40.1 |
| Change | +6.0 | +2.4 | +2.3 |
Princeton skews older: half of its residents are older than 56.4, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families. Since 2006–10, the median age has climbed from 50.4, but in a place this small, survey estimates can swing a lot from one release to the next.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 2.4% | 11.3% | 12.3% |
| 2010–14 | 3.5% | 11.5% | 12.3% |
| 2015–19 | 4.9% | 10.9% | 11.6% |
| 2020–24 | 5.4% | 10.7% | 11.6% |
| Change | +3.0 pts | −0.6 pts | −0.6 pts |
Single-parent households are relatively rare in Princeton: 5.4% of households, against 11.6% nationally.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 4.8% | 25.8% | 33.3% |
| 2010–14 | 5.3% | 28.5% | 35.6% |
| 2015–19 | 3.3% | 28.8% | 36.0% |
| 2020–24 | 5.1% | 26.8% | 34.8% |
| Change | +0.2 pts | +1.0 pts | +1.5 pts |
Princeton is overwhelmingly a place of homeowners: only 5.1% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Just over a third of owners (35.4%) have paid off their mortgages, below the national share of 39.8%.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 48.4% | 13.0% | 11.4% |
| 2010–14 | 51.1% | 13.0% | 11.4% |
| 2015–19 | 47.0% | 11.9% | 11.1% |
| 2020–24 | 38.8% | 10.2% | 9.6% |
| Change | −9.6 pts | −2.8 pts | −1.8 pts |
Vacant homes make up 38.8% 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.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 1975 | 1969 | 1974 |
| 2010–14 | 1971 | 1970 | 1975 |
| 2015–19 | 1974 | 1971 | 1977 |
| 2020–24 | 1974 | 1972 | 1980 |
| Change | −2 | +3 | +6 |
Housing in Princeton leans a little older: the median home dates to 1974, against 1980 nationally. Michigan as a whole looks much the same.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | $417 | $833 | $965 |
| 2010–14 | $589 | $886 | $1,040 |
| 2015–19 | $557 | $978 | $1,213 |
| 2020–24 | $827 | $1,228 | $1,571 |
| Change | +$410 | +$395 | +$606 |
Rent in Princeton runs $827 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 46.1% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 24.8% | 26.1% | 28.4% |
| 2010–14 | 23.6% | 27.1% | 29.6% |
| 2015–19 | 18.8% | 29.5% | 32.1% |
| 2020–24 | 25.9% | 32.7% | 35.6% |
| Change | +1.1 pts | +6.6 pts | +7.2 pts |
Just over a quarter of adults 25 and older in Princeton (25.9%) have a bachelor's degree or higher, below the national share of 35.6%.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 93.7% | 88.3% | 84.9% |
| 2010–14 | 94.1% | 89.3% | 86.1% |
| 2015–19 | 94.4% | 90.7% | 87.7% |
| 2020–24 | 98.4% | 91.8% | 89.3% |
| Change | +4.7 pts | +3.5 pts | +4.3 pts |
Finishing high school is nearly universal in Princeton: 98.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
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 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 7.0% | 11.5% | 8.1% |
| 2010–14 | 7.5% | 11.7% | 9.4% |
| 2015–19 | 1.4% | 6.1% | 5.6% |
| 2020–24 | 1.8% | 5.9% | 5.4% |
| Change | −5.2 pts | −5.7 pts | −2.7 pts |
Unemployment in Princeton has been low: just 1.8% of the labor force was out of work and looking, well below the national rate of 5.4%. 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 | 2.34 | 56.4 | 5.4% | 5.1% | 38.8% | 1974 | $827 | 25.9% | 98.4% | 1.8% |
| Austin | 2.36 | 54.5 | 7.3% | 6.8% | 34.9% | 1975 | $761 | 25.1% | 97.9% | 2.4% |
| Gwinn | 2.50 | 37.3 | 10.5% | 34.6% | 19.3% | 1968 | $769 | 21.0% | 93.0% | 4.4% |
| New Swanzy | 2.08 | 60.7 | 1.2% | 3.1% | 25.2% | 1977 | $988 | 37.0% | 99.2% | 1.9% |
| Little Lake | 2.20 | 57.2 | 3.3% | 2.3% | 25.2% | 1977 | $1,070 | 38.5% | 98.4% | 3.0% |
| Palmer | 2.25 | 51.1 | 6.4% | 16.7% | 14.0% | 1960 | $689 | 17.3% | 93.0% | 8.7% |
| K. I. Sawyer Air Force Base | 2.39 | 52.5 | 1.7% | 2.5% | 26.6% | 1978 | $1,128 | 38.7% | 97.5% | 0.3% |
| Sands | 3.03 | 37.4 | 3.0% | 8.4% | 14.7% | 1983 | $700 | 33.2% | 96.1% | 3.0% |
| Northland | 2.39 | 47.0 | 3.7% | 6.9% | 61.0% | 1975 | $861 | 14.6% | 90.0% | 5.5% |
| Skandia | 2.43 | 47.5 | 6.5% | 4.4% | 24.2% | 1977 | $1,222 | 39.8% | 96.4% | 3.8% |
| McFarland | 2.44 | 45.8 | 4.1% | 6.1% | 53.5% | 1974 | $956 | 16.1% | 88.5% | 4.8% |
All figures 2020–24.
Cities with similar populations: Bretz, WV · Williams Springs, TN · Wildorado, TX · Widener, AR · Wickhaven, PA · Buford, WY · Brookesmith, TX · Bristol, SD · Briarcliff, AR · Winchester Center, 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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