Princeton city, Indiana Demographics & Population 2026
As of 2026, Princeton city, Indiana has a total population of 8,347, the 92nd largest city in Indiana, with a median household income of $57,234, which is 18% lower than the state average. The poverty rate is 14.8%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
Princeton city Quick Facts
How Princeton city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Princeton city Rankings in Indiana
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Cities Similar to Princeton city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Elwood city | 8,320 | $54,084 | $92,800 | 7.1% | 14.6% |
| Brazil city | 8,064 | $49,331 | $105,900 | 9.7% | 13.6% |
| Angola city | 9,383 | $59,355 | $186,900 | 28.9% | 16.3% |
| Tell City city | 7,490 | $50,702 | $121,200 | 17.0% | 19.3% |
| Decatur city | 9,769 | $58,867 | $132,900 | 12.7% | 10.8% |
Population Overview
Princeton city is a small city located in Indiana. The total population is 8,347. It ranks as the 92nd most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Princeton city is 38.2 years. This is about average than the state median of 38.0 years.
Economy, Income & Housing
The median household income in Princeton city is $57,234. This is 18% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 14.8%. This is 21% higher than the state poverty rate of 12.2%. The unemployment rate is 3.8%. This is 13% lower than the state rate of 4.3%. The median home value is $117,100. Housing costs are 42% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.0x, Princeton city is one of the most affordable housing markets in the area. 60.5% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 70.3%.
Race & Ethnicity
The largest racial or ethnic group in Princeton city is White (non-Hispanic), making up 82.1% of the population. Black or African American residents account for 6.1%. The Asian population (0.7%) is well below the state average of 2.5%.
Education
10.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.4%.
Data Sources & Methodology
All demographic data for Princeton city, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Princeton city, Indiana?
Princeton city, Indiana has a population of 8,347 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Princeton city, IN?
The median household income in Princeton city is $57,234, which is 27% lower the national median of $78,538.
What is the poverty rate in Princeton city, IN?
The poverty rate in Princeton city is 14.8%. This means approximately 1,176 residents live below the federal poverty line.
What is the racial makeup of Princeton city, Indiana?
Princeton city's population is 82.1% White, 6.1% Black, 5.9% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Princeton city, IN?
The median home value in Princeton city is $117,100. The home-value-to-income ratio is 2.0x.
How educated is Princeton city, Indiana?
10.2% of adults (25+) in Princeton city hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.