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Princeton, Kentucky Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Princeton, Kentucky had a total population of 6,241, the 76th largest city in Kentucky, with a median household income of $47,411, which is 26% lower than the state average. The poverty rate is 15.8%.

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

Key Takeaways

Princeton Quick Facts

Population 6,241
Median Household Income $47,411
Median Home Value $96,600
Poverty Rate 15.8%
Unemployment Rate 4.5%
Median Age 40.5 years
Homeownership Rate 52.8%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 16.7%
High School Graduation Rate 87.9%
Diversity Index 31/100
Population 6,241 76th of 552
Median Income $47,411 below average
Poverty Rate 15.8% 27% higher than national
Median Home Value $96,600 bottom 20%

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
Population6,2426,241-0.0%
Median household income$51,875$47,411-8.6%
Median home value$89,700$96,600+7.7%

How Princeton Compares

Economy & Housing

Household Income Distribution

Under $25K 26.2%
$25K-$50K 24.8%
$50K-$100K 24.5%
$100K+ 24.5%
Detailed income brackets
Under $10K
2.8%
$10K-$15K
10.3%
$15K-$20K
5.8%
$20K-$25K
7.4%
$25K-$30K
6.0%
$30K-$35K
3.8%
$35K-$40K
6.6%
$40K-$45K
4.7%
$45K-$50K
3.9%
$50K-$60K
3.9%
$60K-$75K
9.3%
$75K-$100K
11.3%
$100K-$125K
9.6%
$125K-$150K
5.5%
$150K-$200K
7.5%
$200K+
1.9%

Employment

4.5% Unemployment Rate State: 4.9%|National: 5.2%
52.8% Labor Force Participation

Housing Overview

Owner 52.8%
Renter 47.2%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $762/mo 19.3% of median household income annually

People & Demographics

Diversity Index

31out of 100
Low Diversity

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

State average: 33 | National average: 61

Education

Princeton Rankings in Kentucky

#76 Population of 552
#334 Median Income of 496
#295 Education of 550
#406 Home Value of 495

Other Cities in Caldwell County

CityPopulationMedian IncomePovertyHome Value
Fredonia 466 $66,964 19.5% $108,500

Cities Similar to Princeton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lebanon6,430$45,479$149,70011.7%25.6%
Highland Heights6,444$53,275$169,70040.7%19.9%
Cynthiana6,458$54,647$172,50015.4%30.5%
Monticello5,753$44,952$132,40013.3%30.4%
Leitchfield6,819$44,347$159,10012.4%24.3%

Population Overview

Princeton is a small city located in Kentucky, within Caldwell County. The total population is 6,241. It ranks as the 76th most populous out of 552 Census-designated places in Kentucky.

Age Demographics

The median age in Princeton is 40.5 years. This is 4% higher than the state median of 39.1 years.

Economy, Income & Housing

The median household income in Princeton is $47,411. This is 26% lower than the state median of $63,726. It is also 41% lower than the national median of $80,734. The poverty rate stands at 15.8%. This is 2% lower than the state poverty rate of 16.1%. The unemployment rate is 4.5%. This is 7% lower than the state rate of 4.9%. The median home value is $96,600. Housing costs are 53% lower than the state median of $205,600. With a home-value-to-income ratio of just 2.0x, Princeton is one of the most affordable housing markets in the area. 52.8% of occupied housing units are owner-occupied. This homeownership rate is 23% lower than the state average of 68.3%.

Race & Ethnicity

The largest racial or ethnic group in Princeton is White (non-Hispanic), making up 82.3% of the population. Black or African American residents account for 11.7%. The Black or African American population is significantly higher than the state average (11.7% vs 7.5%). The Hispanic or Latino population (1.3%) is well below the state average of 5.0%.

Education

16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 39% lower than the state rate of 27.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.9%.

Data Sources & Methodology

All demographic data for Princeton, Kentucky 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 Kentucky state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 552 Census-designated places in Kentucky. 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 Kentucky city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Princeton, Kentucky?

Princeton, Kentucky has a population of 6,241 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Princeton, KY?

The median household income in Princeton is $47,411, which is 41% lower than the national median of $80,734.

What is the poverty rate in Princeton, KY?

The poverty rate in Princeton is 15.8%. This means approximately 958 residents live below the federal poverty line.

What is the racial makeup of Princeton, Kentucky?

Princeton's population is 82.3% White, 11.7% Black, 1.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Princeton, KY?

The median home value in Princeton is $96,600. The home-value-to-income ratio is 2.0x.

How educated is Princeton, Kentucky?

16.7% of adults (25+) in Princeton hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.