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The total population of Princeton is estimated to be 7,749 with 3,574 males (46.12%) and 4,175 females (53.88%). There are 601 more females than males in Princeton.
The median household income in Princeton was $57,820 in 2021, which marked an a decrease of 927(1.58%) from $58,747 in 2020. This income is 77.50% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Princeton sees its highest median household income among householders in the age group of 45 to 64 years old, at $76,339. Overall, the median household income for the city of Princeton stands at $57,820.
In Princeton, the median income for all workers aged 15 years and older, regardless of work hours, was $46,518 for males and $25,052 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,665 for males and $44,351 for females.
In Princeton, population is primarily represented by White households, reporting a median income of $57,221.
In 2022, the population of Princeton was 7,721, a 0.23% decrease year-by-year from 2021. Previously, in 2021, Princeton's population was 7,739, a decline of 1.01% compared to a population of 7,818 in 2020.
The median age in Princeton, IL is 48.7, as per 2021 ACS 5-Year Estimates. Of the total population, 15.86% were under the age of 15, 14.26% aged 15 to 29, 41.70% aged 30 to 64, 24.74% aged 65 to 84, and 3.45% were 85 years of age and older.
Racial distribution of Princeton population: 94.67% are White, 0.05% are Black or African American, 1.06% are Asian, 1.99% are some other race and 2.23% are multiracial.