Princeton, NJ (Borough Center / Princeton U)




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Borough Center / Princeton U

NEIGHBORHOOD REPORT
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640 Vital Statistics. 34 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 6 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 2 Alerts

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Crimes alerts

Crimes


67

Statistics

alerts 5 Alerts

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Schools alerts

Schools


65

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alerts 8 Alerts

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328

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alerts 13 Alerts

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About Princeton, NJ (Borough Center / Princeton U)


Real Estate Prices and Overview

Borough Center / Princeton U median real estate price is $796,666, which is more expensive than 95.7% of the neighborhoods in New Jersey and 95.3% of the neighborhoods in the U.S.

The average rental price in Borough Center / Princeton U is currently $2,849, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 98.2% of the neighborhoods in New Jersey.

Borough Center / Princeton U is an urban neighborhood (based on population density) located in Princeton, New Jersey.

Borough Center / Princeton U real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Borough Center / Princeton U neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Borough Center / Princeton U has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 74.0% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Princeton, the Borough Center / Princeton U neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Borough Center / Princeton U neighborhood is wealthier than 97.3% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Borough Center / Princeton U also has one of the lowest ratings of child poverty in the nation.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Borough Center / Princeton U neighborhood, where 70.2% have earned an advanced degree. Compare that to the average neighborhood in America, where just 8.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 100.0% of the neighborhoods in America.

Also, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Borough Center / Princeton U neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 95.6% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Borough Center / Princeton U neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals and highly educated executives.

Notable & Unique: Modes of Transportation

In the Borough Center / Princeton U neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 33.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, more people in Borough Center / Princeton U choose to walk to work each day (64.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Finally, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.3% of residents in the Borough Center / Princeton U neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.1% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Notable & Unique: Diversity

Did you know that the Borough Center / Princeton U neighborhood has more Eastern European and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.1% of this neighborhood's residents have Eastern European ancestry and 2.8% have British ancestry.

Borough Center / Princeton U is also pretty special linguistically. Significantly, 8.0% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.6% of the neighborhoods in America.

Notable & Unique: Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Borough Center / Princeton U neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 66.2% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Notable & Unique: Real Estate

88.1% of the real estate in the Borough Center / Princeton U neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Notable & Unique: Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Borough Center / Princeton U neighborhood. In the Borough Center / Princeton U neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.5% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Notable & Unique: Occupations

Executives, managers and professionals make up 63.7% of the workforce in the Borough Center / Princeton U neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 95.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.


The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Borough Center / Princeton U neighborhood in Princeton are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 97.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Borough Center / Princeton U neighborhood, 63.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 2.1% in manufacturing and laborer occupations.

The Neighbors: Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Borough Center / Princeton U neighborhood in Princeton, NJ, residents most commonly identify their ethnicity or ancestry as Irish (18.2%). There are also a number of people of Asian ancestry (16.0%), and residents who report German roots (15.5%), and some of the residents are also of Italian ancestry (15.3%), along with some English ancestry residents (10.3%), among others. In addition, 15.8% of the residents of this neighborhood were born in another country.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Borough Center / Princeton U neighborhood is English, spoken by 73.8% of households. Other important languages spoken here include Chinese, Korean and Spanish.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Borough Center / Princeton U neighborhood spend under 15 minutes commuting one-way to work (66.2% of working residents), one of the shortest commutes across America.

Here most residents (64.0%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (26.0%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.

Neighborhood Real Estate Data

44 Vital Statistics. 6 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Princeton, NJ (Borough Center / Princeton U) HOMES

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TYPE OF Princeton, NJ (Borough Center / Princeton U) HOMES

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SIZE OF Princeton, NJ (Borough Center / Princeton U) HOMES

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SIZE OF Princeton, NJ (Borough Center / Princeton U) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 2 Condition Alerts found.

Lifestyle

 
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Age / Marital Status

 

Age

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Military & College Status

 
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Household Types

 

One person households

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Borough Center / Princeton U

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Education

 

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 5 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
Index
Robbery
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Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Borough Center / Princeton U 0.101011101001110
Princeton 0.101011101001110
New Jersey 2.55
My Chances of Becoming a Victim of a Violent Crime

1 in

in Borough Center / Princeton U

1 in

in Princeton

1 in 392

in New Jersey
Princeton VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Borough Center / Princeton U 0.101011101001110
Princeton 0.101011101001110
New Jersey 16.26
My Chances of Becoming a Victim of a Property Crime

1 in

in Borough Center / Princeton U

1 in

in Princeton

1 in 61

in New Jersey
Princeton Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Borough Center / Princeton U 0.101011101001110
Princeton 0.101011101001110
New Jersey 69

Neighborhood Public School Data

65 Vital Statistics. 8 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

PRINCETON PUBLIC SCHOOLS


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New Jersey

(10 is best)

Better than of NJ school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to NJ Quality Rating Compared to Nation
Littlebrook School
39 Magnolia Lane
Princeton, NJ, 08540
PK-05
Johnson Park School
285 Rosedale Road
Princeton, NJ, 08540
PK-05
Princeton High School
151 Moore Street
Princeton, NJ, 08540
09-12
John Witherspoon Middle School
217 Walnut Lane
Princeton, NJ, 08540
06-08
Riverside School
58 Riverside Drive
Princeton, NJ, 08540
PK-05
Community Park School
372 Witherspoon Street
Princeton, NJ, 08540
PK-05

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
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