Princeton is a medium-sized city located in the state of New Jersey. With a population of 30,289 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 96.48% 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 (22.86%), management occupations (18.24%), and the sciences (8.57%). 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. A relatively large number of people in Princeton telecommute to their jobs. Overall, about 31.74% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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. Princeton is also a major college town with a large number of people who are 18 years or older and attending college. As is often the case in college towns, the many students that live in Princeton have a strong influence on the local culture and entertainment scene, which may seem dormant by comparison in the summer months when much of the student population is away. In the fall, the return of students has a reinvigorating effect on the community. Because colleges are lasting institutions, they have a stabilizing effect on the economy by providing direct local benefits such as jobs for faculty and staff and spending by students. Princeton’s economy is one such example of this. Although the majority of commuting trips in the city are by private automobile, Princeton is somewhat unusual for a city of its size for having a substantial number of people who use public transportation. For a lot of people, the train helps to get to and from their jobs every morning, which benefits everyone in the Princeton area by reducing both traffic and air pollution.If knowledge is power, Princeton is a pretty powerful place. 84.64% 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 $86,332, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $345,328 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, German, Irish, Italian, and French. In addition, Princeton has a lot of people living here who were born outside of the US (29.88%). The most common language spoken in Princeton is English. Other important languages spoken here include Chinese and Spanish.
