Princeton is a somewhat small borough located in the state of New Jersey. With a population of 29,603 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 97.31% 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 (21.29%), management occupations (13.22%), and office and administrative support (8.98%).
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.
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.
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.21% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Princeton is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in Princeton enrolled in college, Princeton has a number of services, amenities and opportunities geared towards the needs and activities of students.
For the size of the borough, public transportation in Princeton is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Princeton, the benefits are reduced air pollution and congestion on the highways.
If knowledge is power, Princeton is a pretty powerful place. 78.79% of the adults in Princeton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Princeton in 2010 was $63,271, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $253,084 for a family of four.
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 Irish, English, Italian, and Polish.
Princeton also has a high percentage of its population that was born in another country: 25.53%.
The most common language spoken in Princeton is English. Other important languages spoken here include Chinese and Spanish.