Princeville, HI
Population 1,794 · Hawaii
About Princeville, HI
Princeville is a small town located in Hawaii with a population of 1,794 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,938 per year, which is 42% above the national median of $75,149. The median age of 53.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Princeville features a median home value of $1,215,000, which is 396% above the national median of $244,900. This places Princeville in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 2,703 total housing units, 72% are owner-occupied (618 units) and 28% are renter-occupied (237 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Princeville shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Princeville have an average one-way commute time of 17.7 minutes, one of the shorter commutes in the region.
Education & Demographics
63.9% of Princeville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.1% White, 3.0% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 10.6% of the population being foreign-born.
How Princeville Ranks in Hawaii
Cost of Living in Princeville, HI
Compared to national averages, Princeville has a median household income of $106,938 (42% above the national median of $75,149). Home values average $1,215,000, which is 396% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Hawaii, Princeville's income is 13% above the state average of $94,535, and home values are 59% above the state median of $766,495.
Why Live in Princeville, HI?
Princeville offers a strong local economy with a median household income of $106,938, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 63.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.7%, better than the national average, and short commute times averaging just 17.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,215,000. However, Princeville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Princeville has a population of 1,794 with a median age of 53.7 years. Compare Princeville with other cities to see how it stacks up, or explore all cities in Hawaii.
Similar Cities Near Princeville
Cities in Hawaii with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pahala | 1,785 | $71,908 | $216,600 | Compare |
| Hawi | 1,720 | $85,197 | $662,500 | Compare |
| Fern Acres | 1,714 | $49,554 | $267,400 | Compare |
| Mokuleia | 1,684 | $83,571 | $989,100 | Compare |
| Ko Olina | 1,677 | $125,577 | $885,500 | Compare |
| Kealakekua | 1,989 | $79,332 | $574,600 | Compare |
| Kapaau | 2,029 | $74,583 | $577,600 | Compare |
| Kaloko | 1,555 | $104,167 | $1,143,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Hawaii
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Princeville With Other Cities
Frequently Asked Questions about Princeville
What is the population of Princeville, HI?
The population of Princeville, HI is 1,794 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Hawaii.
What is the median household income in Princeville?
The median household income in Princeville, HI is $106,938 per year, which is 42% above the national median of $75,149.
What is the median home value in Princeville?
The median home value in Princeville, HI is $1,215,000, which is 396% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Princeville?
The median monthly rent in Princeville, HI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Princeville?
The unemployment rate in Princeville, HI is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Princeville, HI a good place to live?
Princeville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,794 and a median age of 53.7, the city appeals to established professionals and retirees.
How educated is Princeville, HI?
63.9% of residents in Princeville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Princeville?
Key cost-of-living indicators for Princeville, HI: median home value is $1,215,000 (396% above national), median rent is $0/month, and median household income is $106,938. The home-value-to-income ratio is 11.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Princeville?
The poverty rate in Princeville, HI is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Princeville, HI?
Princeville's population is 2.1% White, 3.0% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 1.2% two or more races. 10.6% of residents are foreign-born.