Living in Princeton Junction, New Jersey
Cost of living, income, home prices, rent and demographics of Princeton Junction · Census data 2020–2024
Princeton Junction has 2,025 residents with a median age of 44.3. The median household income is $224,732 (117% higher than the New Jersey median), the median home value is $709,800, the median rent is $1,661/month.
Princeton Junction at a glance
- Population
- 2,025
- Median age
- 44.3State: 40.1
- Median household income
- $224,732State: $103,556
- Median home value
- $709,800State: $454,400
- Median rent
- $1,661/moState: $1,720
- Homeowners
- 82%
- Bachelor's degree or higher
- 78.9%
- Average commute
- 28 min
Is Princeton Junction a good place to live?
Pros: Median household income 117% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 8.3%.
Cons: Home values 56% higher than the state median; unemployment of 6.8%.
The weather is best in May–June and August–September.
Cost of living in Princeton Junction
Housing is the biggest part of the cost of living. In Princeton Junction the median home value is $709,800, 113% higher than the U.S. median. Renters pay a median of $1,661 per month, which is 18.8% of household income. Homeowners with a mortgage pay $3,609 a month in housing costs.
Princeton Junction median household income
The median household income in Princeton Junction is $224,732 and the income per person is $90,565. 8.3% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Princeton Junction: homes for sale and rent
- Housing units
- 893
- Owner-occupied
- 82%
- Renter-occupied
- 18%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.54
Princeton Junction demographics
- Population
- 2,025
- Median age
- 44.3
- Under 18
- 23.3%
- 65 and older
- 13.5%
- Households
- 795
- Foreign-born
- 28.8%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Princeton Junction ›
Education in Princeton Junction
78.9% of adults 25 and older in Princeton Junction have a bachelor's degree or higher (New Jersey: 43.6%), and 42.5% have a graduate or professional degree.
Jobs and commute in Princeton Junction
- Unemployment rate
- 6.8%State: 6.3%
- Average commute
- 28 minState: 31 min
- Work from home
- 45.3%
- Drive alone
- 40%
- Public transit
- 10%
- Walk to work
- 0%
- Homes with broadband
- 100%
Princeton Junction vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Princeton Junction | 2,025 | $224,732 | $709,800 | $1,661 |
| Plainsboro Center | 2,773 | $119,317 | $483,300 | $2,099 |
| West Windsor | 30,479 | $197,190 | $776,400 | $2,327 |
| Plainsboro | 24,167 | $131,638 | $683,100 | $2,037 |
| Princeton Meadows | 15,561 | $131,213 | $665,700 | $2,010 |
| Princeton | 30,756 | $192,079 | $1,050,600 | $2,636 |
| Kingston | 1,670 | $110,813 | $475,900 | $1,765 |
| Monmouth Junction | 9,141 | $133,585 | $552,900 | $1,935 |
| Heathcote | 7,717 | $141,295 | $567,500 | $1,623 |
More for people moving to Princeton Junction
Princeton Junction ZIP code ›Weather and climate ›Living in Princeton Junction: FAQ
What is the median household income in Princeton Junction, NJ?
The median household income in Princeton Junction is $224,732, 117% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Princeton Junction?
The median home value in Princeton Junction is $709,800, compared with $454,400 in New Jersey.
How much is rent in Princeton Junction?
The median gross rent in Princeton Junction is $1,661 per month, about 18.8% of household income.
Is Princeton Junction, NJ a good place to live?
Pluses: median household income 117% higher than the New Jersey median; an average commute of 28 minutes; a poverty rate of 8.3%. Minuses: home values 56% higher than the state median; unemployment of 6.8%.
What is the median age in Princeton Junction?
The median age in Princeton Junction is 44.3 years (New Jersey: 40.1).
How long is the commute in Princeton Junction?
The average commute to work in Princeton Junction is 28 minutes; 45.3% of workers work from home.
What is the unemployment rate in Princeton Junction?
The unemployment rate in Princeton Junction is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Princeton Junction?
78.9% of adults in Princeton Junction 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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