Pros and Cons of Living In Princeton, New Jersey. Is Princeton, NJ a Nice Place To Live or Retire?

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Princeton, New Jersey

Moving to Princeton In New Jersey ? Is Princeton, NJ a Nice Place To Live? Pros and Cons of Living in Princeton, New Jersey. Find out the best and worst about to live, raise a family or retire in Princeton.

DEMOGRAPHICS

Population
31161
Unemployment
3.7%
21% NAT AVG.
Poverty
7.1%
49% NAT AVG.
Cost Of Living
180
80% NAT AVG.

ECONOMICS

Median Home Cost
$872400
280% NAT AVG.
Median Income
$146127
116% NAT AVG.
Median Rent
$1704
47% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
207
72% NAT. AVG.
51% STATE AVG.
Violent Crime
11
91% NAT. AVG.
82% STATE AVG.
Property Crime
196
68% NAT. AVG.
46% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 14
Unemployed People
1 in 27
People Earning < $10,000
1 in 29
People Earning < $50,000
20.2%
People With Any Degree
1 in 1.2

ETHNICITY

Ethnicity Princeton USA
White 67.5% 60.1%
African American 5.6% 12.2%
American Indian 0% 0.6%
Asian 17.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.8% 2.8%
Hispanic 5.9% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Princeton USA
Less than $10,000 3.5% 5.8%
$10,000 to $14,999 2.4% 4.1%
$15,000 to $24,999 5.9% 8.5%
$25,000 to $34,999 3.2% 8.6%
$35,000 to $49,999 5.2% 12.0%
$50,000 to $74,999 9.5% 17.2%
$75,000 to $99,999 9% 12.8%
$100,000 to $149,999 11.8% 15.6%
$150,000 to $199,999 9.8% 7.1%

EDUCATION

Education Princeton USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 5% 27.0%
Other College 5% 20.0%
Associate's Degree 2% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 30% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 19% 1.0%
Princeton is a city in New Jersey state in USA with a population of 31161 residents.. The poverty rate of Princeton is 7.1%, which is 49% lower than national average. The typical household in Princeton earns $146127 a year, compared to the national median of $67,500. Nearly 20.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Princeton remained 3.7%, which is 21% lower than national rate.

Cost of living in Princeton is 180, which is 80% higher than national average. In Princeton, only 84% of adults have a bachelor's degree and 7% have some college but no degree. Median home value in Princeton is $872400 , which is 280% higher than national average. While median income in Princeton remained $146127, which is 116% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Princeton Scorecard

Jobs90%

Housing95%

Affordability70%

Safety90%

Amenities10%

Diversity85%

Education95%

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