Princeton Junction is a very small town located in the state of New Jersey. With a population of 2,475 people and four constituent neighborhoods, Princeton Junction is the 403rd largest community in New Jersey.
Princeton Junction home prices are not only among the most expensive in New Jersey, but Princeton Junction real estate also consistently ranks among the most expensive in America.
Princeton Junction is a decidedly white-collar town, with fully 98.03% of the workforce employed in white-collar jobs, well above the national average. Overall, Princeton Junction is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Princeton Junction who work in management occupations (33.25%), teaching (15.42%), and computer science and math (8.57%).
Also of interest is that Princeton Junction has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 17.82% 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.
In addition, Princeton Junction is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Princeton Junction is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Princeton Junction’s overall crime rate is lower than average for the country.
In Princeton Junction, however, the average commute to work is quite long. On average, people spend 31.56 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
Even though Princeton Junction is a smaller town, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Princeton Junction, you'll likely find that many of your neighbors like to as well. Princeton Junction is one of the more educated communities in America, with a full 84.21% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Princeton Junction in 2018 was $99,501, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $398,004 for a family of four.
Princeton Junction is a very ethnically-diverse town. The people who call Princeton Junction home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Princeton Junction residents report their race to be White, followed by Asian. Important ancestries of people in Princeton Junction include German, Irish, European, Russian, and Dutch.
Princeton Junction also has a high percentage of its population that was born in another country: 30.72%.
The most common language spoken in Princeton Junction is English. Other important languages spoken here include Other Asian languages and Langs. of India.