Living in Princeton, Missouri
Cost of living, income, home prices, rent and demographics of Princeton · Census data 2020–2024
Princeton has 1,352 residents with a median age of 38.2. The median household income is $58,558 (17% lower than the Missouri median), the median home value is $78,000, the median rent is $547/month.
Princeton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Princeton at a glance
- Population
- 1,352
- Median age
- 38.2State: 39
- Median household income
- $58,558State: $70,702
- Median home value
- $78,000State: $230,300
- Median rent
- $547/moState: $1,033
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 22 min
Is Princeton a good place to live?
Pros: Home values 66% lower than the state median; an average commute of 22 minutes.
Cons: Median household income 17% lower than the Missouri median; a poverty rate of 18%.
The weather is best in May–June and August–September.
Cost of living in Princeton
Housing is the biggest part of the cost of living. In Princeton the median home value is $78,000, 77% lower than the U.S. median. Renters pay a median of $547 per month, which is 21.9% of household income. Homeowners with a mortgage pay $853 a month in housing costs.
Princeton median household income
The median household income in Princeton is $58,558 and the income per person is $27,134. 18% of residents live below the poverty line (Missouri: 12.6%).
Housing in Princeton: homes for sale and rent
- Housing units
- 628
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 19.3%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.55
Princeton demographics
- Population
- 1,352
- Median age
- 38.2
- Under 18
- 26.5%
- 65 and older
- 13.4%
- Households
- 507
- Foreign-born
- 7.1%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Princeton ›
Education in Princeton
18.6% of adults 25 and older in Princeton have a bachelor's degree or higher (Missouri: 32.4%), and 4.9% have a graduate or professional degree.
Jobs and commute in Princeton
- Unemployment rate
- 0%State: 4%
- Average commute
- 22 minState: 24 min
- Work from home
- 13.7%
- Drive alone
- 67.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 79.7%
Princeton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Princeton | 1,352 | $58,558 | $78,000 | $547 |
| Mercer | 325 | $39,028 | $63,800 | $570 |
| Cainsville | 212 | $41,667 | $62,000 | $538 |
| Spickard | 253 | $25,938 | $32,100 | — |
| Mount Moriah | 121 | $56,875 | $53,500 | — |
| Lineville | 259 | $50,833 | $56,100 | $519 |
| Ridgeway | 478 | $39,000 | $83,100 | $435 |
More for people moving to Princeton
Princeton ZIP code ›Weather and climate ›Living in Princeton: FAQ
What is the median household income in Princeton, MO?
The median household income in Princeton is $58,558, 17% lower than the Missouri median of $70,702 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Princeton?
The median home value in Princeton is $78,000, compared with $230,300 in Missouri.
How much is rent in Princeton?
The median gross rent in Princeton is $547 per month, about 21.9% of household income.
Is Princeton, MO a good place to live?
Pluses: home values 66% lower than the state median; an average commute of 22 minutes. Minuses: median household income 17% lower than the Missouri median; a poverty rate of 18%.
What is the median age in Princeton?
The median age in Princeton is 38.2 years (Missouri: 39).
How long is the commute in Princeton?
The average commute to work in Princeton is 22 minutes; 13.7% of workers work from home.
What is the unemployment rate in Princeton?
The unemployment rate in Princeton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Princeton?
18.6% of adults in Princeton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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