Princeton is a medium-sized city located in the state of Texas. With a population of 22,900 people and five associated neighborhoods, Princeton is the 170th largest community in Texas. There's nothing like the smell of a brand new house, and in Princeton, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Princeton, and putting down their money on brand new construction. Princeton’s real estate is, on average, some of the newest in the nation. Princeton does seem to be experiencing an influx of affluent people, because the median household income is $93,586.00.

Princeton real estate is some of the most expensive in Texas, although Princeton house values don't compare to the most expensive real estate in the U.S.

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.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.25% 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.

Because of many things, Princeton is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Princeton really has some of the features that families look for when choosing a good community to raise children. Is Princeton perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

One downside of living in Princeton is that it can take a long time to commute to work. In Princeton, the average commute to work is 33.38 minutes, which is quite a bit higher than the national average.

Being a small city, Princeton does not have a public transit system used by locals to get to and from work.

The percentage of people in Princeton who are college-educated is somewhat higher than the average US community of 21.84%: 27.09% of adults in Princeton have at least a bachelor's degree.

The per capita income in Princeton in 2022 was $33,975, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $135,900 for a family of four. However, Princeton contains both very wealthy and poor people as well.

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 Black or African-American. Princeton also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 26.59% of the city’s residents. Important ancestries of people in Princeton include German, English, Irish, Italian, and African.

The most common language spoken in Princeton is English. Other important languages spoken here include Spanish and Polish.