Princeton, TX
Population 20,966 · Texas
About Princeton, TX
Princeton is a mid-sized city in Texas with a population of 20,966 residents. The median household income is $96,766 per year, which is above the national average. The median age in Princeton is 32.9 years.
Housing in Princeton has a median home value of $310,700 and median monthly rent of $2,059. Of the 7,033 total housing units, the majority are owner-occupied, with 5,448 owner-occupied and 1,361 renter-occupied units.
The unemployment rate in Princeton is 2.0% and the poverty rate is 5.3%. 28.3% of residents hold a bachelor's degree or higher. The average commute time is 33 minutes.
Cost of Living in Princeton, TX
Compared to national averages, Princeton has a median household income of $96,766 (29% above the national median of $75,149). Home values average $310,700, which is 27% above the national median. Monthly rent at $2,059 is 77% above the US average of $1,163. Within Texas, Princeton's income is 33% above the state average of $72,726, and home values are 47% above the state median of $211,769.
Why Live in Princeton, TX?
Princeton offers a strong local economy with a median household income of $96,766, well above the national average, and a strong job market with an unemployment rate of just 2.0%, and a low poverty rate of 5.3%, better than the national average.
Princeton has a population of 20,966 with a median age of 32.9 years. Compare Princeton with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Princeton
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Anna | 20,975 | $99,375 | $312,700 | Compare |
| Brushy Creek | 20,953 | $137,630 | $451,500 | Compare |
| Murphy | 21,001 | $165,109 | $508,500 | Compare |
| Fate | 20,757 | $129,500 | $361,100 | Compare |
| Stephenville | 21,345 | $55,504 | $226,300 | Compare |
| Ennis | 21,546 | $72,772 | $225,900 | Compare |
| Portland | 20,369 | $81,944 | $226,900 | Compare |
| Dickinson | 21,612 | $82,018 | $244,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Princeton, TX is 20,966 according to the latest Census data.
What is the median household income in Princeton?
The median household income in Princeton, TX is $96,766 per year.
What is the median home value in Princeton?
The median home value in Princeton, TX is $310,700.
What is the average rent in Princeton?
The median monthly rent in Princeton, TX is $2,059.
What is the unemployment rate in Princeton?
The unemployment rate in Princeton, TX is 2.0%.