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Princeton, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Princeton, Indiana had a total population of 8,372, the 92nd largest city in Indiana, with a median household income of $57,618, which is 20% lower than the state average. The poverty rate is 16.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Princeton Quick Facts

Population 8,372
Median Household Income $57,618
Median Home Value $128,700
Poverty Rate 16.9%
Unemployment Rate 2.9%
Median Age 38.0 years
Homeownership Rate 61.3%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 8.6%
High School Graduation Rate 83.3%
Diversity Index 35/100
Population 8,372 92nd of 967
Median Income $57,618 below average
Poverty Rate 16.9% 36% higher than national
Median Home Value $128,700 below average

How Princeton Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population8,3478,372+0.3%
Median household income$57,234$57,618+0.7%
Median home value$117,100$128,700+9.9%

How Princeton Compares

Economy & Housing

Household Income Distribution

Under $25K 18.7%
$25K-$50K 27.2%
$50K-$100K 32.7%
$100K+ 21.4%
Detailed income brackets
Under $10K
5.0%
$10K-$15K
3.5%
$15K-$20K
7.6%
$20K-$25K
2.6%
$25K-$30K
8.9%
$30K-$35K
4.2%
$35K-$40K
3.4%
$40K-$45K
4.4%
$45K-$50K
6.3%
$50K-$60K
7.7%
$60K-$75K
10.2%
$75K-$100K
14.8%
$100K-$125K
9.6%
$125K-$150K
2.1%
$150K-$200K
6.7%
$200K+
3.0%

Employment

2.9% Unemployment Rate State: 4.3%|National: 5.2%
61.3% Labor Force Participation

Housing Overview

Owner 61.3%
Renter 38.7%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,022/mo 21.3% of median household income annually

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Princeton Rankings in Indiana

#92 Population of 967
#509 Median Income of 796
#689 Education of 966
#500 Home Value of 818

Other Cities in Gibson County

CityPopulationMedian IncomePovertyHome Value
Fort Branch 3,021 $58,707 17.2% $195,900
Oakland City 2,262 $48,850 14.2% $109,500
Haubstadt 1,905 $74,940 4.9% $228,100
Owensville 1,156 $56,635 6.2% $131,700
Patoka 737 $48,958 26.5% $99,000
Francisco 537 $63,836 14.3% $98,300
Somerville 243 $60,208 11.3% $96,100
Hazleton 196 $64,250 13.3% $69,000
Mackey 88 $45,625 28.4% $211,500

Cities Similar to Princeton

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elwood8,356$53,280$97,8008.3%19.5%
Brazil7,831$52,055$113,90013.5%18.6%
Tell City7,505$52,949$139,00016.8%22.4%
Charlestown8,294$77,288$208,30025.7%12.5%
Decatur9,811$58,646$142,80012.3%11.3%

Population Overview

Princeton is a small city located in Indiana, within Gibson County. The total population is 8,372. It ranks as the 92nd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Princeton is 38.0 years. This is about the same as the state median of 38.1 years.

Economy, Income & Housing

The median household income in Princeton is $57,618. This is 20% lower than the state median of $71,957. It is also 29% lower than the national median of $80,734. The poverty rate stands at 16.9%. This is 37% higher than the state poverty rate of 12.3%. The unemployment rate is 2.9%. This is 33% lower than the state rate of 4.3%. The median home value is $128,700. Housing costs are 41% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.2x, Princeton is one of the most affordable housing markets in the area. 61.3% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Princeton is White (non-Hispanic), making up 80.2% of the population. Hispanic or Latino residents account for 7.1%. The Asian population (0.9%) is well below the state average of 2.6%.

Education

8.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 83.3%.

Data Sources & Methodology

All demographic data for Princeton, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Princeton, Indiana?

Princeton, Indiana has a population of 8,372 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Princeton, IN?

The median household income in Princeton is $57,618, which is 29% lower than the national median of $80,734.

What is the poverty rate in Princeton, IN?

The poverty rate in Princeton is 16.9%. This means approximately 1,357 residents live below the federal poverty line.

What is the racial makeup of Princeton, Indiana?

Princeton's population is 80.2% White, 4.9% Black, 7.1% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Princeton, IN?

The median home value in Princeton is $128,700. The home-value-to-income ratio is 2.2x.

How educated is Princeton, Indiana?

8.6% of adults (25+) in Princeton hold a bachelor's degree or higher, and 2.2% hold a graduate or professional degree.