Princeton, KY
Population 6,242 · Kentucky
About Princeton, KY
Princeton is a small community in Kentucky with a population of 6,242 residents. The median household income is $51,875 per year, which is near the national average. The median age in Princeton is 41.2 years.
Housing in Princeton has a median home value of $89,700 and median monthly rent of $719. Of the 2,928 total housing units, the majority are owner-occupied, with 1,381 owner-occupied and 1,045 renter-occupied units.
The unemployment rate in Princeton is 2.3% and the poverty rate is 13.7%. 19.3% of residents hold a bachelor's degree or higher. The average commute time is 21.9 minutes.
Cost of Living in Princeton, KY
Compared to national averages, Princeton has a median household income of $51,875 (31% below the national median of $75,149). Home values average $89,700, which is 63% below the national median. Monthly rent at $719 is 38% below the US average of $1,163. Within Kentucky, Princeton's income is 22% below the state average of $66,273, and home values are 51% below the state median of $182,504.
Why Live in Princeton, KY?
Princeton offers affordable housing with a median home value of $89,700, below the US average of $244,900, and rent that’s lower than the national average at $719/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($51,875) that falls below the national average. However, Princeton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Princeton has a population of 6,242 with a median age of 41.2 years. Compare Princeton with other cities to see how it stacks up, or explore all cities in Kentucky.
Similar Cities Near Princeton
Cities in Kentucky with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crestwood | 6,275 | $101,086 | $315,100 | Compare |
| Cold Spring | 6,298 | $80,172 | $235,200 | Compare |
| Lebanon | 6,364 | $39,483 | $130,100 | Compare |
| Cynthiana | 6,412 | $49,817 | $154,700 | Compare |
| Leitchfield | 6,434 | $47,168 | $156,700 | Compare |
| Wilmore | 6,031 | $64,245 | $210,700 | Compare |
| Highland Heights | 6,531 | $52,437 | $148,600 | Compare |
| Fort Wright | 5,882 | $100,647 | $305,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Kentucky
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Princeton
What is the population of Princeton, KY?
The population of Princeton, KY is 6,242 according to the latest Census data.
What is the median household income in Princeton?
The median household income in Princeton, KY is $51,875 per year.
What is the median home value in Princeton?
The median home value in Princeton, KY is $89,700.
What is the average rent in Princeton?
The median monthly rent in Princeton, KY is $719.
What is the unemployment rate in Princeton?
The unemployment rate in Princeton, KY is 2.3%.