Population 16,317 · Census ACS 2020–24
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Population and households in Princeton
Household size in Princeton
| Period | Princeton | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.60 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.67 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.69 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.72 | 2.58 | 2.52 | 2.65 |
| Change | +0.12 | −0.00 | +0.00 | −0.03 |
Households in Princeton average 2.72 people, about the same as the country as a whole (2.65). The typical household here is bigger than in the Minneapolis area overall, where it has 2.58 people. Since 2006–10, household size has climbed from 2.60, even as the national average fell.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 40.4 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 39.7 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 40.1 | 39.2 | 40.0 | 40.1 |
| Change | +3.5 | +2.5 | +2.1 | +2.3 |
Half of the people in Princeton are younger than 40.1 and half are older, the same as the national median. The median age has climbed from 36.6 in 2006–10, in line with the national trend. Residents skew youngest in the center and oldest in the north.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.5% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 11.3% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 11.8% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 9.5% | 9.8% | 9.6% | 11.6% |
| Change | +1.0 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head about one in ten households in Princeton (9.5%), below the national share of 11.6%. The Minneapolis area as a whole looks much the same. Since 2006–10, the single-parent share has edged up 1.0 points, even as the national share fell.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 16.0% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 21.8% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 19.5% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 16.4% | 29.3% | 27.8% | 34.8% |
| Change | +0.4 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 16.4% of households in Princeton rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Nearly a third of owners (32.1%) have paid off their mortgages, below the national share of 39.8%. Rentals cluster in the center; owners are most common in the southeast.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.9% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 7.2% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 7.3% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 7.4% | 5.7% | 8.3% | 9.6% |
| Change | −0.6 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Fewer homes sit empty in Princeton than nationally: 7.4%, against 9.6% for the U.S. Locally, though, the rate is higher than in the Minneapolis area overall (5.7%). Vacancy has edged down 0.6 points since 2006–10, a smaller shift than 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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1975 | 1973 | 1974 |
| 2010–14 | 1986 | 1976 | 1974 | 1975 |
| 2015–19 | 1983 | 1977 | 1975 | 1977 |
| 2020–24 | 1985 | 1980 | 1978 | 1980 |
| Change | +1 | +4 | +5 | +6 |
The housing in Princeton is a little younger than the country's: half of it was built after 1985, against 1980 nationally. Newer construction is concentrated in the southwest, while the center 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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $916 | $1,007 | $882 | $965 |
| 2010–14 | $961 | $1,077 | $953 | $1,040 |
| 2015–19 | $922 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,069 | $1,603 | $1,404 | $1,571 |
| Change | +$153 | +$597 | +$522 | +$606 |
A typical rental in Princeton costs $1,069 a month with utilities, well below the national median of $1,571. Rent has climbed $153 a month since 2006–10, up 17%, a slower climb than the nation's. The typical renter here spends 27.5% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. Rents run highest in the northeast and lowest in the southwest.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 17.1% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 15.8% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 17.6% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 19.1% | 45.4% | 39.6% | 35.6% |
| Change | +1.9 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Fewer adults in Princeton have a four-year degree than in the country as a whole: 19.1%, against 35.6% nationally. The share with a degree has risen 1.9 points since 2006–10, a smaller shift than nationally. Of the 188 Minnesota cities with 5,000+ people, only 17 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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 91.5% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 89.7% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 91.8% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 93.9% | 94.0% | 93.7% | 89.3% |
| Change | +2.4 pts | +1.6 pts | +2.3 pts | +4.3 pts |
High school completion in Princeton is above the national rate: 93.9% of adults have a diploma or equivalent, against 89.3%. The picture is much the same across the Minneapolis area. Since 2006–10, the share with a diploma has risen 2.4 points, mirroring the country.
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 | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.8% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 7.4% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 3.6% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 2.2% | 4.0% | 4.1% | 5.4% |
| Change | −5.6 pts | −2.7 pts | −2.4 pts | −2.7 pts |
The job market in Princeton has been strong: just 2.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Unemployment is down 5.6 points from 2006–10, as it has nationally. 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 | 2.72 | 40.1 | 9.5% | 16.4% | 7.4% | 1985 | $1,069 | 19.1% | 93.9% | 2.2% |
| West Point | 3.11 | 42.1 | 7.7% | 3.3% | 14.6% | 1979 | $1,275 | 21.2% | 95.3% | 1.2% |
| Zimmerman | 3.03 | 37.2 | 8.6% | 9.4% | 6.8% | 1999 | $1,378 | 24.0% | 94.7% | 2.0% |
| Pease | 2.99 | 38.1 | 10.5% | 7.6% | 4.4% | 1993 | $1,224 | 20.1% | 94.8% | 1.9% |
| Dalbo | 2.88 | 45.8 | 8.3% | 6.6% | 7.8% | 1981 | $1,504 | 23.1% | 95.2% | 4.8% |
| Oxlip | 2.67 | 47.1 | 4.6% | 8.5% | 17.3% | 1983 | $1,250 | 21.5% | 95.6% | 2.3% |
| Orrock | 2.96 | 41.1 | 6.4% | 2.5% | 11.4% | 1998 | $1,819 | 35.7% | 96.0% | 3.4% |
| Walbo | 2.61 | 45.4 | 3.3% | 4.6% | 5.2% | 1977 | $1,480 | 23.1% | 96.4% | 0.9% |
| Oak Park | 2.90 | 37.6 | 6.8% | 4.2% | 5.7% | 1982 | $1,192 | 17.4% | 91.7% | 2.7% |
| East Lake Francis Shores | 2.62 | 42.8 | 3.4% | 6.9% | 8.6% | 1975 | $1,529 | 24.1% | 90.4% | 5.2% |
| Milaca | 2.33 | 42.2 | 12.5% | 26.1% | 7.4% | 1989 | $1,186 | 16.6% | 91.4% | 3.7% |
All figures 2020–24.
Cities with similar populations: West Park, FL · Wilmington Island, GA · Williamsburg, KY · Whitefish Bay, WI · Dewitt, MI · Dexter, MI · White Plains, MD · Douglassville, PA · Druid Hills, GA · White Hall, AR
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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