Princeton is a medium-sized city located in the state of Texas. With a population of 22,900 people and five associated neighborhoods, Princeton is the 170th largest community in Texas. Princeton has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Princeton, where the median household income is $93,586.00. Princeton real estate is some of the most expensive in Texas, although Princeton house values don't compare to the most expensive real estate in the U.S.Princeton is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Princeton is a city of service providers, professionals, and sales and office workers. There are especially a lot of people living in Princeton who work in sales jobs (10.85%), business and financial occupations (9.80%), and office and administrative support (9.77%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.25% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. Because of many things, Princeton is a great place for families with children to consider. First of all, many other families with children live here, making Princeton a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Princeton has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Princeton’s overall crime rate is lower than average for the country. One downside of living in Princeton is that it can take a long time to commute to work. In Princeton, the average commute to work is 33.38 minutes, which is quite a bit higher than the national average. Being a small city, Princeton does not have a public transit system used by locals to get to and from work.The percentage of people in Princeton who are college-educated is somewhat higher than the average US community of 21.84%: 27.09% of adults in Princeton have at least a bachelor's degree. The per capita income in Princeton in 2022 was $33,975, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $135,900 for a family of four. However, Princeton contains both very wealthy and poor people as well. Princeton is an extremely ethnically-diverse city. 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 Black or African-American. Princeton also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 26.59% of the city’s residents. Important ancestries of people in Princeton include German, English, Irish, Italian, and African. The most common language spoken in Princeton is English. Other important languages spoken here include Spanish and Polish.
