Princeton, KY demographics:
population, income, and more
Princeton population
How many people live in Princeton
Princeton is home to 6,241 residents, according to the most recent Census data. Gender-wise, 49% of Princeton locals are male, and 51% are female.
Age demographics
The median age in Princeton is 40, with the population distributed as follows: about 21.4% are children under 15, then 12.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.3% of the population, while another 24.8% fall into the 45 to 64 bracket. Finally, around 20.1% are 65 or older.
Racial makeup
In Princeton, 98.5% of the population are US-born citizens, while 1.3% have gained naturalized citizenship. At the same time, 0.2% of residents are non-citizens. There’s also a share of 4.4% that includes residents with two or more races.
Households in Princeton
A peek inside Princeton households
Princeton has 2,367 households, with an average of 3 members in each. Of these, 68.4% are families, while the remaining 31.6% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Princeton
The housing landscape of Princeton
Princeton's housing consists of 2,837 units, with 79.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 3.3% of the housing landscape.
The age of buildings in Princeton
In Princeton, the median construction year is 1969. About 14.6% of homes were built before the 1940s, with another 4.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 5.8% of homes were added from 2000 to 2009, 3.3% between 2010 and 2019, and 4.2% are part of the newest wave of development.
Princeton occupancy rates
Out of the 2,367 occupied housing units in Princeton, 52.8% are owner-occupied, while 47.2% are lived in by tenants. Meanwhile, 16.6% of all homes on the local market sit vacant.
Princeton housing costs
Housing costs in Princeton come to a median of $700 per month, while tenants specifically pay a median gross rent of $762.
Education in Princeton
Princeton education at a glance
About 52.9% of the population in Princeton went to high school, while 21.4% pursued college studies. Another 8.8% earned an associate degree and 9.5% hold a bachelor’s. Meanwhile, 5.5% went even further, earning a master’s or doctorate.
Income in Princeton
How much people earn in Princeton
The average annual household income in Princeton was $66,945 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -3.8% change from the previous year. At the same time, the median income stood at $47,411, reflecting a -8.6% shift over the same period.
Princeton income by age
In Princeton, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $52,417. Those with someone between 45 and 64 in charge, often well established professionally, earn $78,000 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $23,182, while those led by someone over 65, many of whom may be retired, have about $29,250 in earnings. Overall, 85.3% of the locals in this community live above the poverty line.
Average renter income in Princeton
To get a better sense of what renters earn on average in Princeton, their median household income was $27,536 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 33.2%, shows what portion of their earnings goes toward housing expenses.
Employment in Princeton
Workforce and job types in Princeton
The job market in Princeton is powered by 2,398 working residents, spread across a range of industries and roles. 66.7% of the working population are employed in professional or administrative positions, while 33.3% are in hands-on or service-based jobs. Also, 3.7% run their own businesses, 69.6% are employed by private companies, and 19.1% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Princeton stands at 4.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Princeton
How people get around in Princeton
Commuting methods vary: 92.8% of residents travel by personal vehicle and 2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Princeton by zipcode?
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FAQs about Princeton demographics
What is the total population of Princeton?
What is the gender ratio in Princeton?
- 49% males (3,060 residents)
- 51% females (3,181 residents)
What is the median age in Princeton?
What is the age distribution of the population in Princeton?
- Under 15: 21.4% (1,338 residents)
- Ages 15-24: 12.4% (773 residents)
- Ages 25-44: 21.3% (1,328 residents)
- Ages 45-64: 24.8% (1,548 residents)
- Over 65: 20.1% (1,254 residents)
What is the racial and ethnic makeup of Princeton?
- White: 82.3% (5,139 residents)
- Black or African American: 11.7% (728 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 4.4% (272 residents)
- Other: 1.6% (102 residents)
What percentage of the population in Princeton are U.S.-born citizens?
How many housing units are there in Princeton?
How many households are in Princeton and what is the average household size?
What is the median household income in Princeton?
What is the employment rate and job market overview for Princeton?
Job types:
- White-collar workers: 66.7% (1,600 residents)
- Blue-collar workers: 33.3% (798 residents)
Places of employment:
- Self-employed: 3.7% (88 residents)
- Private companies: 69.6% (1,670 residents)
- Governmental workers: 19.1% (459 residents)
- Not-for-profit companies: 7.6% (181 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.