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Princeton, Texas Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Princeton, Texas had a total population of 25,229, the 130th largest city in Texas, with a median household income of $105,200, which is 34% higher than the state average. The poverty rate is 4.1%.

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

Key Takeaways

Princeton Quick Facts

Population 25,229
Median Household Income $105,200
Median Home Value $331,000
Poverty Rate 4.1%
Unemployment Rate 2.5%
Median Age 32.4 years
Homeownership Rate 75.7%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 28.6%
High School Graduation Rate 91.1%
Diversity Index 70/100
Population 25,229 130th of 1,795
Median Income $105,200 top 20%
Poverty Rate 4.1% 67% lower than national
Median Home Value $331,000 top 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
Population20,96625,229+20.3%
Median household income$96,766$105,200+8.7%
Median home value$310,700$331,000+6.5%

How Princeton Compares

Economy & Housing

Household Income Distribution

Under $25K 5.2%
$25K-$50K 12.3%
$50K-$100K 28.7%
$100K+ 53.8%
Detailed income brackets
Under $10K
1.7%
$10K-$15K
1.3%
$15K-$20K
0.4%
$20K-$25K
1.9%
$25K-$30K
3.6%
$30K-$35K
1.2%
$35K-$40K
3.2%
$40K-$45K
1.8%
$45K-$50K
2.4%
$50K-$60K
4.8%
$60K-$75K
7.5%
$75K-$100K
16.4%
$100K-$125K
16.4%
$125K-$150K
13.9%
$150K-$200K
14.3%
$200K+
9.3%

Employment

2.5% Unemployment Rate State: 5.3%|National: 5.2%
75.6% Labor Force Participation

Housing Overview

Owner 75.7%
Renter 24.3%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $2,239/mo 25.5% of median household income annually

People & Demographics

Diversity Index

70out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 67 | National average: 61

Education

Princeton Rankings in Texas

#130 Population of 1,795
#232 Median Income of 1,546
#444 Education of 1,795
#265 Home Value of 1,542

Other Cities in Collin County

CityPopulationMedian IncomePovertyHome Value
Plano 290,594 $112,253 6.8% $465,900
Frisco 219,304 $150,212 3.5% $642,100
McKinney 210,600 $124,215 5.7% $471,800
Allen 110,265 $130,901 6.1% $464,100
Prosper 37,869 $195,281 5.5% $823,700
Celina 34,268 $170,894 4.7% $509,600
Anna 24,330 $105,593 7.8% $351,700
Murphy 21,188 $175,699 3.0% $555,500
Melissa 20,136 $138,763 1.9% $454,000
Royse City 20,037 $116,660 7.3% $322,500

Cities Similar to Princeton

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Anna24,330$105,593$351,70031.4%7.8%
Katy25,184$114,912$401,70048.8%8.1%
Saginaw24,970$97,276$298,50024.7%5.6%
Fresno24,560$91,264$243,50023.4%8.6%
Benbrook24,557$86,292$296,40043.7%5.9%

Population Overview

Princeton is a mid-sized community located in Texas, within Collin County. The total population is 25,229. It ranks as the 130th most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Princeton is 32.4 years. This is 9% lower than the state median of 35.6 years. With 30.5% of the population under 18, Princeton has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Princeton is $105,200. This is 34% higher than the state median of $78,476. It is also 30% higher than the national median of $80,734. The poverty rate stands at 4.1%. This is 70% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.5%. This is 52% lower than the state rate of 5.3%. The median home value is $331,000. Housing costs are 17% higher than the state median of $283,800. The home-value-to-income ratio is 3.1x. 75.7% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 62.6%.

Race & Ethnicity

Princeton is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 26.9%. The Black or African American population is significantly higher than the state average (26.9% vs 11.9%).

Education

28.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.

Data Sources & Methodology

All demographic data for Princeton, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. 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 Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Princeton, Texas?

Princeton, Texas has a population of 25,229 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Princeton, TX?

The median household income in Princeton is $105,200, which is 30% higher than the national median of $80,734.

What is the poverty rate in Princeton, TX?

The poverty rate in Princeton is 4.1%. This means approximately 1,022 residents live below the federal poverty line.

What is the racial makeup of Princeton, Texas?

Princeton's population is 39.4% White, 26.9% Black, 25.8% Hispanic/Latino, and 5.6% Asian.

What is the median home value in Princeton, TX?

The median home value in Princeton is $331,000. The home-value-to-income ratio is 3.1x.

How educated is Princeton, Texas?

28.6% of adults (25+) in Princeton hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.