Population 9,687 · Census ACS 2020–24
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Population and households in Princeton
Household size in Princeton
| Period | Princeton | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.82 | 2.63 | 2.53 | 2.68 |
| 2010–14 | 2.84 | 2.70 | 2.58 | 2.73 |
| 2015–19 | 2.52 | 2.70 | 2.56 | 2.71 |
| 2020–24 | 2.84 | 2.64 | 2.52 | 2.65 |
| Change | +0.02 | +0.01 | −0.01 | −0.03 |
The typical household in Princeton holds 2.84 people, more than the U.S. average of 2.65. Princeton has larger households than the great majority of North Carolina cities.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 34.3 | 35.7 | 37.9 | 37.7 |
| 2010–14 | 38.3 | 36.7 | 38.9 | 38.6 |
| 2015–19 | 42.3 | 38.1 | 40.2 | 39.6 |
| 2020–24 | 39.0 | 38.4 | 40.3 | 40.1 |
| Change | +4.7 | +2.7 | +2.3 | +2.3 |
Half of the people in Princeton are younger than 39.0 and half are older, close to the national median of 40.1. Since 2006–10, the median age has climbed from 34.3, mirroring the country. The youngest areas are in the center, the oldest in the west.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 17.0% | 10.9% | 12.3% | 12.3% |
| 2010–14 | 13.7% | 11.5% | 12.5% | 12.3% |
| 2015–19 | 11.8% | 10.7% | 11.6% | 11.6% |
| 2020–24 | 9.2% | 9.4% | 11.4% | 11.6% |
| Change | −7.8 pts | −1.5 pts | −1.0 pts | −0.6 pts |
Single parents head nearly one in ten households in Princeton (9.2%), below the national share of 11.6%. The Raleigh area as a whole looks much the same. Since 2006–10, the single-parent share has fallen 7.8 points, a much bigger shift than 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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 30.9% | 32.1% | 31.9% | 33.3% |
| 2010–14 | 30.6% | 33.7% | 34.2% | 35.6% |
| 2015–19 | 31.9% | 34.3% | 34.8% | 36.0% |
| 2020–24 | 30.4% | 33.4% | 33.4% | 34.8% |
| Change | −0.5 pts | +1.3 pts | +1.4 pts | +1.5 pts |
Most households in Princeton own their homes; 30.4% rent, a little below the national share of 34.8%. Among homeowners, 36.3% have no mortgage at all, below the national share of 39.8%. Rentals cluster in the center; owners are most common in the southwest.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.3% | 9.4% | 12.8% | 11.4% |
| 2010–14 | 12.3% | 8.6% | 12.8% | 11.4% |
| 2015–19 | 10.1% | 7.8% | 12.5% | 11.1% |
| 2020–24 | 8.6% | 7.6% | 11.4% | 9.6% |
| Change | −0.7 pts | −1.7 pts | −1.5 pts | −1.8 pts |
Vacancy in Princeton is close to the national rate: 8.6% of homes are empty, against 9.6%. Vacancy is down 0.7 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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 1984 | 1990 | 1983 | 1974 |
| 2010–14 | 1983 | 1992 | 1985 | 1975 |
| 2015–19 | 1987 | 1994 | 1986 | 1977 |
| 2020–24 | 1990 | 1999 | 1990 | 1980 |
| Change | +6 | +9 | +7 | +6 |
Much of the housing in Princeton is relatively new: half of its homes were built after 1990, compared with 1980 for the U.S. as a whole. Still, homes here are older than in the wider Raleigh area, where the median home dates to 1999. The median year built has moved up from 1984 in 2006–10, a sign of steady new building.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | $623 | $923 | $789 | $965 |
| 2010–14 | $748 | $1,018 | $868 | $1,040 |
| 2015–19 | $841 | $1,207 | $981 | $1,213 |
| 2020–24 | $1,041 | $1,666 | $1,317 | $1,571 |
| Change | +$418 | +$743 | +$528 | +$606 |
Rent in Princeton runs $1,041 a month at the median, utilities included, well below the U.S. median of $1,571. Rents are up $418 a month from 2006–10, a 67% jump, faster than rents rose nationally. Rent takes 21.8% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the center; the highest are in the northeast.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 10.0% | 41.7% | 27.8% | 28.4% |
| 2010–14 | 11.6% | 43.0% | 29.0% | 29.6% |
| 2015–19 | 15.8% | 47.3% | 32.0% | 32.1% |
| 2020–24 | 20.8% | 51.6% | 36.2% | 35.6% |
| Change | +10.8 pts | +9.8 pts | +8.4 pts | +7.2 pts |
College degrees are relatively uncommon in Princeton: 20.8% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%. The share with a degree has risen 10.8 points since 2006–10, as it has nationally. College graduates are most concentrated in the northeast and least in the west.
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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 76.8% | 89.9% | 84.5% | 84.9% |
| 2010–14 | 79.8% | 90.6% | 86.0% | 86.1% |
| 2015–19 | 82.9% | 92.0% | 88.1% | 87.7% |
| 2020–24 | 88.3% | 93.3% | 90.2% | 89.3% |
| Change | +11.5 pts | +3.4 pts | +5.7 pts | +4.3 pts |
High school completion in Princeton is close to the national rate: 88.3% of adults have a diploma or equivalent, against 89.3%. The rate is lower than in the Raleigh area as a whole (93.3%). The share with a diploma is up 11.5 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 | Raleigh area | North Carolina | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.5% | 6.7% | 8.8% | 8.1% |
| 2010–14 | 15.0% | 7.9% | 10.6% | 9.4% |
| 2015–19 | 6.3% | 4.2% | 5.7% | 5.6% |
| 2020–24 | 3.6% | 4.1% | 4.8% | 5.4% |
| Change | −3.9 pts | −2.6 pts | −4.0 pts | −2.7 pts |
Unemployment in Princeton runs below the national rate: 3.6% of the labor force was out of work and looking, against 5.4% nationally. Since 2006–10, unemployment has fallen 3.9 points, mirroring the country. 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 | 2.84 | 39.0 | 9.2% | 30.4% | 8.6% | 1990 | $1,041 | 20.8% | 88.3% | 3.6% |
| Pine Level | 2.97 | 41.5 | 14.3% | 30.0% | 13.0% | 1992 | $867 | 19.8% | 88.2% | 3.8% |
| Pike Crossroads | 2.15 | 46.4 | 5.7% | 22.9% | 7.0% | 1998 | $1,403 | 24.4% | 95.4% | 1.6% |
| Micro | 3.17 | 37.6 | 17.1% | 44.4% | 5.5% | 1992 | $1,054 | 11.3% | 74.9% | 3.0% |
| Selma | 2.79 | 38.1 | 14.6% | 33.2% | 8.6% | 1992 | $998 | 17.8% | 86.0% | 4.6% |
| Stevens Mill | 2.41 | 35.9 | 8.4% | 29.0% | 4.8% | 1994 | $844 | 14.9% | 85.3% | 4.8% |
| Pikeville | 2.77 | 35.0 | 14.9% | 22.8% | 8.0% | 1996 | $1,199 | 22.5% | 89.9% | 1.6% |
| Grantham | 2.34 | 42.2 | 7.0% | 26.5% | 12.5% | 1985 | $915 | 11.7% | 90.0% | 1.4% |
| Smithfield | 2.69 | 41.2 | 8.7% | 27.6% | 8.6% | 1988 | $1,103 | 20.5% | 86.8% | 4.3% |
| Goldsboro | 2.31 | 40.3 | 14.8% | 47.4% | 10.6% | 1983 | $1,061 | 24.9% | 88.7% | 7.0% |
| Fremont | 2.37 | 39.2 | 14.1% | 33.3% | 19.3% | 1978 | $1,016 | 17.4% | 84.7% | 3.6% |
All figures 2020–24.
Cities with similar populations: Weiser, ID · Cadiz, KY · Camp Pendleton, CA · Cape St. Claire, MD · Capitola, CA · Caro, MI · Carrollton, VA · Carthage, TX · Castroville, CA · Waynesville, OH
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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