Princeville, NC
Population 1,502 · North Carolina
About Princeville, NC
Princeville is a small town located in North Carolina with a population of 1,502 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,583 per year, which is 34% below the national median of $75,149. The median age of 40.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Princeville features a median home value of $99,100, which is 60% below the national median of $244,900. This makes Princeville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,017, 13% below the national average of $1,163/month. Of the 705 total housing units, 70% are owner-occupied (375 units) and 30% are renter-occupied (157 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Princeville shows an unemployment rate of 8.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 24.1%, above the national average of 12.4%. Workers in Princeville have an average one-way commute time of 19.4 minutes, one of the shorter commutes in the region.
Education & Demographics
6.8% of Princeville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Princeville, NC
Compared to national averages, Princeville has a median household income of $49,583 (34% below the national median of $75,149). Home values average $99,100, which is 60% below the national median. Monthly rent at $1,017 is 13% below the US average of $1,163. Within North Carolina, Princeville's income is 23% below the state average of $64,468, and home values are 57% below the state median of $228,922.
Why Live in Princeville, NC?
Princeville offers affordable housing with a median home value of $99,100, below the US average of $244,900, and rent that’s lower than the national average at $1,017/month, and short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($49,583) that falls below the national average. However, Princeville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Princeville has a population of 1,502 with a median age of 40.9 years. Compare Princeville with other cities to see how it stacks up, or explore all cities in North Carolina.
Similar Cities Near Princeville
Cities in North Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boonville | 1,502 | $77,500 | $167,300 | Compare |
| Rose Hill | 1,501 | $44,722 | $116,200 | Compare |
| Saxapahaw | 1,501 | $63,281 | $179,300 | Compare |
| Lake Lure | 1,488 | $72,813 | $510,300 | Compare |
| Dobson | 1,521 | $44,531 | $168,300 | Compare |
| Clyde | 1,522 | $59,315 | $194,600 | Compare |
| Weldon | 1,522 | $38,725 | $96,000 | Compare |
| Bethel | 1,528 | $51,489 | $114,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Carolina
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, NC?
The population of Princeville, NC is 1,502 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Carolina.
What is the median household income in Princeville?
The median household income in Princeville, NC is $49,583 per year, which is 34% below the national median of $75,149.
What is the median home value in Princeville?
The median home value in Princeville, NC is $99,100, which is 60% below 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, NC is $1,017, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Princeville?
The unemployment rate in Princeville, NC is 8.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Princeville, NC a good place to live?
Princeville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,502 and a median age of 40.9, the city appeals to a broad range of residents.
How educated is Princeville, NC?
6.8% of residents in Princeville 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 Princeville?
Key cost-of-living indicators for Princeville, NC: median home value is $99,100 (60% below national), median rent is $1,017/month, and median household income is $49,583. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Princeville?
The poverty rate in Princeville, NC is 24.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Princeville, NC?
Princeville's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 97.5% two or more races. 0.1% of residents are foreign-born.