Welcome to the Townfolio for Princeton, NJ where you will find a full community profile.
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Demographics
View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.
Total Population
30,168
Median Household Income
114,645
Total Visible Minorities
N/A
Median Age
32.8What is the Median Age of Princeton, NJ?
Princeton, NJ has a median age of 32 years old. Overall, the median age in Princeton, NJ is increasing at an average of 9.09% per year.
Median Household Income
In Princeton, NJ, the median household income is $114645 per year. Overall, it is growing at an average of 0.51% per year. In the last census, its median household income declined by $2230.
Us Income Distribution
According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Princeton, NJ has a gini coefficient of 0.63 out of 1, while the 2015 national gini coefficient is 0.39.
Us Marital Status
Majority of the population are married, making up 19.02 per cent of the population. Having a predominantly married population is highy beneficial to Princeton, NJ as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.
Us Sex By Age
Overall, there is no significant difference between the numbers of men and women. people. The 22 to 24 years old age cohort exhibits the largest discrepancy with a difference of 572 people between the sexes. Furthermore, majority of the population is between the ages 18 to 19 years old, comprising 9.23 per cent of the population. Meanwhile, 70.55 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 14.59 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 4482 people are expected to retire in the coming years.
Labor Force
View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.
Us Median Salary By Occupation
The highest paying occupations in Princeton, NJ are those in Management, business, science, and arts occupations, where the median salary hovers around $105225.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Health diagnosing and treating practitioners and other technical occupations where median salary is at $244048.0. In the services industry, those in Law enforcement workers including supervisors earn the most at $87333.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $126938.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $103000.0 per year.
Real Estate
View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.
Housing Occupied
92.47%
Housing Vacant
7.53%
No. of Families
6,530
No. of Non-Families
3,443Median Gross Rent
Princeton, NJ has an average rent of $1291 per month. Overall, the average rent in Princeton, NJ is dwindling at an average of -2.44% per year. In the last census, its average rent declined by $53.
Heating Sources
Most people in Princeton, NJ uses utility gas to heat up their homes. With 7414 households using it, it is the leading heating source in Princeton, NJ. Moreover, 14.16% of households say they use electricity making it the second most popular choice. The third widely used heating source is fuel oil, kerosene and others, with 772 households saying they use it as their primary heating source.
Transportation
View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.
Most Used
Transportation
Busiest Time
On Roads
Residents Who
Work Locally
Vehicle Drivers
N/ACar Ownership
Most households in Princeton, NJ have three vehicles for transportation. 5861 people responding in Princeton, NJ feel that having three vehicles is sufficient. Moreover, 27.38% of households say they use two vehicles. Moreover, 1515 households have four vehicles
Us Time Leaving For Work
Majority of commuters in Princeton, NJ leave their homes from 8:00am to 9:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 15.45% of respondents, is from 9:00am to 10:00am. However, 1720 of commuters still prefer to leave from 7:30am to 8:00am.
Us Transportation Mode
Majority of commuters in Princeton, NJ are driving alone in a private car, truck, or van to go to work. Moreover, 18.1% of respondents say that they prefer walking. The third most popular means of transportation is using the railway with 866 commuters have preferring it. Meanwhile, there are 1881 people who do not need to commute to get to work, as they work from home.
Education
View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.
Dominant Level
of Education
Most Popular
Field of Study
Most Popular
Educational Destination
Least Popular
Field of Study
Us Field Of Study
Most are in Social Sciences with 2437 people practicing it in Princeton, NJ. Literature & Languages is another popular field of expertise, as 13.56% of inhabitants are involved in it. The third group are those who are in Liberal Arts & History, with 1790 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Princeton, NJ has 8691 people or 55.52% of workers in STEM industries.
Utilities
View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.