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The total population of Princeton is estimated to be 8,344 with 4,319 males (51.76%) and 4,025 females (48.24%). There are 294 less females than males in Princeton.
The median household income in Princeton was $54,839 in 2021, which marked an an increase of 2,248(4.27%) from $52,591 in 2020. This income is 73.50% 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 25 to 44 years old, at $66,970. Overall, the median household income for the city of Princeton stands at $54,839.
In Princeton, the median income for all workers aged 15 years and older, regardless of work hours, was $36,435 for males and $21,896 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,308 for males and $39,445 for females.
In Princeton, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $85,412, while Some Other Race households represent the opposite end with the lowest median household income of $17,611.
In 2022, the population of Princeton was 8,367, a 0.53% increase year-by-year from 2021. Previously, in 2021, Princeton's population was 8,323, an increase of 0.05% compared to a population of 8,319 in 2020.
The median age in Princeton, IN is 39.6, as per 2021 ACS 5-Year Estimates. Of the total population, 16.60% were under the age of 15, 21.60% aged 15 to 29, 43.86% aged 30 to 64, 14.48% aged 65 to 84, and 3.45% were 85 years of age and older.
Racial distribution of Princeton population: 85.80% are White, 6.80% are Black or African American, 0.49% are Asian, 2.33% are some other race and 4.58% are multiracial.