Princeton is a medium-sized city located in the state of New Jersey. With a population of 30,377 people and ten associated neighborhoods, Princeton is the 58th largest community in New Jersey. Princeton home prices are not only among the most expensive in New Jersey, but Princeton real estate also consistently ranks among the most expensive in America.Princeton is a decidedly white-collar city, with fully 95.86% of the workforce employed in white-collar jobs, well above the national average. Overall, Princeton is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Princeton who work in teaching (21.72%), management occupations (17.41%), and business and financial occupations (8.48%). And if you like science, one thing you'll find is that Princeton has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too. Also of interest is that Princeton has more people living here who work in computers and math than 95% of the places in the US. Of important note, Princeton is also a city of artists. Princeton has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Princeton’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 30.54% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. In addition, Princeton is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on local Princeton culture, lifestyle and entertainment options. Princeton really pulses to the beat of the academic calendar. In Princeton every fall, returning students reinvigorate the community, who you will notice are all over town, buying groceries, out with friends, and getting acquainted or re-acquainted with each other and Princeton. One of the beneficial effects that colleges provide is that they tend to be lasting institutions that deliver direct economic benefits to the local economy in the form of such things as jobs for faculty and staff, and spending by students. Princeton benefits directly from this. For the size of the city, public transportation in Princeton is quite heavily used. Mostly, people who use it for their daily commute are taking the train. For Princeton, the benefits are reduced air pollution and congestion on the highways.If knowledge is power, Princeton is a pretty powerful place. 85.41% of the adults in Princeton have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Princeton in 2022 was $83,200, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $332,800 for a family of four. Princeton is an extremely ethnically-diverse city. The people who call Princeton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Princeton residents report their race to be White, followed by Asian. Important ancestries of people in Princeton include English, Irish, German, Italian, and French. Princeton also has a high percentage of its population that was born in another country: 29.08%. The most common language spoken in Princeton is English. Other important languages spoken here include Chinese and Spanish.
