Princeton is a somewhat small borough located in the state of New Jersey. With a population of 31,187 people and nine constituent neighborhoods, Princeton is the 160th largest community in New Jersey.
Princeton home prices are not only among the most expensive in New Jersey, but Princeton real estate also consistently ranks among the most expensive in America.
Princeton is a decidedly white-collar borough, with fully 95.74% of the workforce employed in white-collar jobs, well above the national average. Overall, Princeton is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Princeton who work in teaching (21.63%), management occupations (16.34%), and business and financial occupations (7.92%).
Also of interest is that Princeton has more people living here who work in computers and math than 95% of the places in the US.
And if you like science, one thing you'll find is that Princeton has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
Of important note, Princeton is also a borough of artists. Princeton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Princeton’s character.
A relatively large number of people in Princeton telecommute to their jobs. Overall, about 8.82% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because there are quite a few people attending college in Princeton, it is thought of as a college town. To the benefit of the many students in the area, Princeton provides a number of services, amenities and opportunities geared towards their needs and activities.
Princeton, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the borough.
Like elsewhere in America, most people in Princeton use a private automobile to get to work. But notably, a substantial number of Princeton‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Princeton. 81.04% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Princeton in 2018 was $77,436, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $309,744 for a family of four. However, Princeton contains both very wealthy and poor people as well.
Princeton is an extremely ethnically-diverse borough. The people who call Princeton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Princeton residents report their race to be White, followed by Asian. Important ancestries of people in Princeton include German, English, Irish, Italian, and Russian.
Princeton also has a high percentage of its population that was born in another country: 28.51%.
The most common language spoken in Princeton is English. Other important languages spoken here include Chinese and Spanish.