Princeton, FL
Population 41,476 · Florida
About Princeton, FL
Princeton is a mid-sized city located in Florida with a population of 41,476 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,130 per year, which is 9% above the national median of $75,149. The median age of 35.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Princeton features a median home value of $386,000, which is 58% above the national median of $244,900. This places Princeton in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,663, 43% above the national average of $1,163/month. Of the 12,270 total housing units, 71% are owner-occupied (8,437 units) and 29% are renter-occupied (3,510 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Princeton shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Princeton have an average one-way commute time of 41.1 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
27.0% of Princeton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.9% White, 0.2% Hispanic or Latino, 5.3% Black or African American, and 32.6% Asian residents, with 45.8% of the population being foreign-born.
Cost of Living in Princeton, FL
Compared to national averages, Princeton has a median household income of $82,130 (9% above the national median of $75,149). Home values average $386,000, which is 58% above the national median. Monthly rent at $1,663 is 43% above the US average of $1,163. Within Florida, Princeton's income is 8% above the state average of $75,893, and home values are 9% above the state median of $353,675.
Why Live in Princeton, FL?
Princeton offers a strong local economy with a median household income of $82,130, well above the national average, and a low poverty rate of 11.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $386,000. However, Princeton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Princeton has a population of 41,476 with a median age of 35.1 years. Compare Princeton with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Princeton
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hallandale Beach | 41,224 | $48,518 | $256,900 | Compare |
| Land O' Lakes | 41,845 | $98,648 | $349,900 | Compare |
| Meadow Woods | 40,741 | $77,124 | $351,600 | Compare |
| University CDP (Orange County), Florida | 42,481 | $59,322 | $275,300 | Compare |
| Lake Worth Beach | 42,650 | $60,978 | $329,300 | Compare |
| The Acreage | 40,188 | $105,405 | $464,400 | Compare |
| Plant City | 40,009 | $64,536 | $251,500 | Compare |
| Oviedo | 39,990 | $114,092 | $428,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Princeton With Other Cities
Frequently Asked Questions about Princeton
What is the population of Princeton, FL?
The population of Princeton, FL is 41,476 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Princeton?
The median household income in Princeton, FL is $82,130 per year, which is 9% above the national median of $75,149.
What is the median home value in Princeton?
The median home value in Princeton, FL is $386,000, which is 58% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Princeton?
The median monthly rent in Princeton, FL is $1,663, which is 43% above the national average of $1,163/month.
What is the unemployment rate in Princeton?
The unemployment rate in Princeton, FL is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Princeton, FL a good place to live?
Princeton offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 41,476 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Princeton, FL?
27.0% of residents in Princeton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Princeton?
Key cost-of-living indicators for Princeton, FL: median home value is $386,000 (58% above national), median rent is $1,663/month, and median household income is $82,130. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Princeton?
The poverty rate in Princeton, FL is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Princeton, FL?
Princeton's population is 1.9% White, 0.2% Hispanic or Latino, 5.3% Black or African American, 32.6% Asian, and 15.6% two or more races. 45.8% of residents are foreign-born.