Most Expensive Princeton Neighborhoods
Princeton is a somewhat small borough located in the state of New Jersey. With a population of 30,108 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 97.12% 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 (23.26%), management occupations (13.07%) and office and administrative support (7.54%).
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.
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.
Telecommuters are a relatively large percentage of the workforce: 12.53% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 is a college town. There are a lot of students in Princeton attending college, and as a result Princeton provides a number of services, amenities and opportunities geared to the needs and activities of students.
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 like to read, write and learn? If you move to Princeton, you'll likely find that many of your neighbors like to as well. Princeton is one of the more educated communities in America, with a full 80.90% 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 in 2010 was $63,193, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $252,772 for a family of four.
Princeton is a very 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, German, English, Italian, Polish and Russian.
Princeton also has a high percentage of its population that was born in another country: 25.20%.
The languages spoken by people in Princeton are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Princeton is English. Other important languages spoken here include Chinese, Spanish and French.
|NUMBER OF HOMES AND APARTMENTS||9,528|
|PRINCETON HOME OWNERSHIP|
|% OWNER OCCUPIED||47.03%|
|% RENTER OCCUPIED||52.97%|
|TYPE OF PRINCETON HOMES|
|SINGLE FAMILY DETACHED||55.61%|
|ROWHOUSES AND ATTACHED HOMES||14.11%|
|SMALL APARTMENT BUILDINGS||11.56%|
|COMPLEXES OR HIGH RISE APARTMENTS||18.73%|
|SIZE OF PRINCETON HOMES|
|5 OR MORE BEDROOMS||13.15%|
|AGE OF PRINCETON HOMES|
|NEWER HOMES (2000 OR LATER)||10.07%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||26.23%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||38.63%|
|HISTORIC (1939 OR BEFORE)||25.07%|
|PRINCETON REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$709,465|
|MEDIAN RENTAL PRICE||$1,609|
|HOME VALUE RANGE|
|$0 - $49,000||1.26%|
|$49,001 - $99,000||0.70%|
|$99,001 - $197,000||1.73%|
|$197,001 - $296,000||3.63%|
|$296,001 - $395,000||5.95%|
|$395,001 - $494,000||8.84%|
|$494,001 - $740,000||26.93%|
|$740,001 - $987,000||22.38%|
|PEOPLE OF PRINCETON||DETAILS|
|UNDER 5 YEARS||4.44%|
|5 TO 17||13.10%|
|18 TO 24||23.27%|
|25 TO 34||11.58%|
|35 TO 54||22.01%|
|55 TO 64||11.61%|
|65 YEARS AND OVER||14.00%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||96.22%|
|MEDIAN HOUSEHOLD INCOME||$116,875|
|PER CAPITA INCOME||$63,193|
|INDIVIDUALS BELOW POVERTY LEVEL||5.71%|
|INDUSTRIES PEOPLE WORK IN||Education (39.81%)
Professional, scientific, and technical services (11.14%)
Information Technology (2.54%)
|BLACK OR AFRICAN AMERICAN||6.31%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.27%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.44%|
|TWO OR MORE RACES||2.64%|
|HISPANIC OR LATINO (OF ANY RACE)||6.42%|
|ETHNICITIES PRESENT||Irish (12.57%)
Eastern European (3.06%)
|LANGUAGES SPOKEN||English (68.32%)
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