Princeton Junction is a very small town located in the state of New Jersey. With a population of 2,583 people and three constituent neighborhoods, Princeton Junction is the 411th 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 97.19% 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 (24.41%), computer science and math (17.68%), and teaching (17.23%).
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: 8.18% 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Princeton Junction is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Princeton Junction really has some of the features that families look for when choosing a good community to raise children. Is Princeton Junction perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
In Princeton Junction, however, the average commute to work is quite long. On average, people spend 34.88 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 85.28% 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 $104,835, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $419,340 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, Russian, European, and Italian.
Princeton Junction also has a high percentage of its population that was born in another country: 29.49%.
The most common language spoken in Princeton Junction is English. Other important languages spoken here include Other Asian languages and Langs. of India.