Living in Princeton, West Virginia

Cost of living, income, home prices, rent and demographics of Princeton · Census data 2020–2024

Princeton has 5,736 residents with a median age of 44.2. The median household income is $43,900 (26% lower than the West Virginia median), the median home value is $120,300, the median rent is $747/month.

Princeton at a glance

Population
5,736
Median age
44.2State: 42.7
Median household income
$43,900State: $59,608
Median home value
$120,300State: $162,600
Median rent
$747/moState: $872
Homeowners
56.8%
Bachelor's degree or higher
21%
Average commute
17 min

Is Princeton a good place to live?

Pros: Home values 26% lower than the state median; an average commute of 17 minutes; unemployment of 1.6%.

Cons: Median household income 26% lower than the West Virginia median; a poverty rate of 16.9%.

The weather is best in June to September.

Cost of living in Princeton

Housing is the biggest part of the cost of living. In Princeton the median home value is $120,300, 64% lower than the U.S. median. Renters pay a median of $747 per month, which is 34.2% of household income. Homeowners with a mortgage pay $1,090 a month in housing costs.

Median home value

Princeton$120,300
West Virginia$162,600
United States$332,700

Median monthly rent

Princeton$747
West Virginia$872
United States$1,413

Princeton median household income

The median household income in Princeton is $43,900 and the income per person is $28,035. 16.9% of residents live below the poverty line (West Virginia: 16.7%).

Median household income

Princeton$43,900
West Virginia$59,608
United States$80,734

Housing in Princeton: homes for sale and rent

Housing units
3,400
Owner-occupied
56.8%
Renter-occupied
43.2%
Vacant
16.9%Includes seasonal homes
Median year built
1953
Average household size
2.02

Princeton demographics

Population
5,736
Median age
44.2
Under 18
17.5%
65 and older
23.8%
Households
2,826
Foreign-born
0.2%
Veterans
7.6%Adults 18+

Race and ethnicity

White88.7%
Hispanic or Latino0.6%
Black2.6%
Asian0.1%

Hispanic or Latino can be of any race. Population history of Princeton ›

Education in Princeton

21% of adults 25 and older in Princeton have a bachelor's degree or higher (West Virginia: 24.1%), and 8.8% have a graduate or professional degree.

Bachelor's degree or higher

Princeton21%
West Virginia24.1%
United States35.7%

Jobs and commute in Princeton

Unemployment rate
1.6%State: 5.4%
Average commute
17 minState: 27 min
Work from home
10%
Drive alone
76.9%
Public transit
0.7%
Walk to work
4.2%
Homes with broadband
89.2%

Princeton vs nearby towns

TownPopulationMedian incomeHome valueRent
Princeton5,736$43,900$120,300$747
Athens1,494$56,667$168,100$975
Montcalm484$63,024——
Bluewell1,992$35,168$125,500$728
Bluefield9,387$49,375$105,400$804
Brush Fork1,096$70,098$90,000—
Bramwell135$53,929$93,000$708
Bluefield4,979$54,041$152,500$870
Pocahontas234$42,344$38,800$917

More for people moving to Princeton

Princeton ZIP code ›Weather and climate ›

Living in Princeton: FAQ

What is the median household income in Princeton, WV?

The median household income in Princeton is $43,900, 26% lower than the West Virginia median of $59,608 (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 $120,300, compared with $162,600 in West Virginia.

How much is rent in Princeton?

The median gross rent in Princeton is $747 per month, about 34.2% of household income.

Is Princeton, WV a good place to live?

Pluses: home values 26% lower than the state median; an average commute of 17 minutes; unemployment of 1.6%. Minuses: median household income 26% lower than the West Virginia median; a poverty rate of 16.9%.

What is the median age in Princeton?

The median age in Princeton is 44.2 years (West Virginia: 42.7).

How long is the commute in Princeton?

The average commute to work in Princeton is 17 minutes; 10% of workers work from home.

What is the unemployment rate in Princeton?

The unemployment rate in Princeton is 1.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Princeton?

21% 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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