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CITY · 2010 ACS

Princeton

Minnesota · 4,698 residents · 4.932 sq mi
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The short version

Princeton has notably lower household income than the US average, with a median household income of $38,022. Population has grown 19% since 2000. Median home value has risen by half since 2000, reaching $144,900. Households here earn about 34% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $52,703
Mid-age
median age 38.7
US median: 37.2
Less educated
22% hold a bachelor's degree
US average: 28%
Less affordable
home values up 33%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
4,698
+19%since 2000
from 3,933 in 2000
1990 – 2025
Population density
953 / sq mi
+19%since 2000
from 797 / sq mi in 2000
US average: 261
Median age
38.7
+5%since 2000
from 36.7 in 2000
US average: 37.2
Population, 1990 – 2024
4K4K4K5K5K1990201020202024Princeton
20245K
1990201020202024
Section 02

Income & economy

Median household income
$38,022
−15%inflation adjusted, since 2000
from $35,216 in 2000
US average: $52,703
1990 – 2024
Per capita income
$21,230
+15%since 2000
from $18,381 in 2000
US average: $27,286
Households earning $100K+
17.0%
−6.5 ptssince 2009
from 23.5% in 2009
US average: 33.3%
Poverty rate
11.1%
+4.4 ptssince 2000
from 6.7% in 2000
US average: 13.8%
Income inequality (Gini)
0.406
US average: 0.461
Workforce by industry, 2010
Retail trade17.4%
US avg: 10.9%
Information11.9%
US avg: 11.5%
Finance & insurance10%
US avg: 5.1%
Wholesale trade8.6%
US avg: 7.2%
Professional, scientific, technical8.6%
US avg: 4.2%
Arts, entertainment, food3.4%
US avg: 2.4%
Transportation & warehousing2.9%
US avg: 3.1%
Education & health services1.4%
US avg: 0.9%
Other services1%
US avg: 7%
Public administration1%
US avg: 4.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$144,900
+33%inflation adjusted, since 2000
from $86,200 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$583
+3%inflation adjusted, since 2000
from $446 in 2000
US average: $853
Owner-occupied
44.7%
−21.2 ptssince 2000
from 65.8% in 2000
36.8% rent
Vacancy rate
7.5%
+1.4 ptssince 2009
from 6.1% in 2009
US average: 12.1%
Owner cost-burdened
40.0%
+0.4 ptssince 2009
from 39.6% in 2009
US average: 30.9%
Renter cost-burdened
45.1%
−8.5 ptssince 2009
from 53.6% in 2009
US average: 46.8%
Afford Score
3.8
+56%since 2000
from 2.4 in 2000
1990 – 2024
RELATED:See current rent listings in Princeton on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.8%(3,846)
Black0.1%(4)
Hispanic / Latino0.9%(35)
Asian0.3%(10)
Other0%
Diversity Score3.1%(122)
2010
White, non-Hispanic95.3%(4,475)
Black0.4%(17)
Hispanic / Latino1.7%(79)
Asian0.3%(13)
Other2.3%(107)
Diversity Score11.1%(523)
Diversity Score
11
+257%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
21.6%
+10.0 ptssince 2000
from 11.6% in 2000
US average: 27.9%
High school or higher
87.4%
+10.6 ptssince 2000
from 76.8% in 2000
US average: 84.9%
Graduate degree
2.0%
−1.4 ptssince 2000
from 3.4% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
24.1 min
+26%since 2000
from 19.2 min in 2000
US average: 25.2
Drive alone to work
76.1%
+1.5 ptssince 2009
from 74.6% in 2009
US average: 76.2%
Carpooled to work
11.1%
−0.7 ptssince 2009
from 11.8% in 2009
US average: 10.4%
Public transit
0.0%
−0.3 ptssince 2009
from 0.3% in 2009
US average: 4.7%
Worked from home
3.9%
−1.5 ptssince 2009
from 5.5% in 2009
US average: 4.1%
Walked to work
5.9%
+1.2 ptssince 2009
from 4.7% in 2009
US average: 2.8%
Biked to work
1.0%
−0.2 ptssince 2009
from 1.2% in 2009
US average: 0.5%
No vehicle available
16.0%
+5.8 ptssince 2009
from 10.2% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
14.1%
−4.1 ptssince 2009
from 18.1% in 2009
US average: 12.9%
Management & professional
30.2%
−31.4 ptssince 2009
from 61.6% in 2009
US average: 35.2%
Section 08

People & community

Male
48.1%
−0.4 ptssince 2009
from 48.5% in 2009
Female
51.9%
+0.4 ptssince 2009
from 51.5% in 2009
Foreign born
0.9%
+0.2 ptssince 2009
from 0.7% in 2009
US average: 12.8%
Veterans
10.3%
−35.7 ptssince 2009
from 46.0% in 2009
US average: 9.9%
Drill deeper

Places similar to Princeton

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Pop 5,941
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Head to head

Compare Princeton to nearby cities

PRINCETON VS
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Income$111,198+192%
Home value$327,600+126%
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PRINCETON VS
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Income$108,741+186%
Home value$370,100+155%
Population27,896+409%
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PRINCETON VS
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Income$120,549+217%
Home value$330,200+128%
Population12,929+136%
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PRINCETON VS
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Income$69,154+82%
Home value$251,600+74%
Population11,090+102%
SEE FULL COMPARISON →
Frequently asked

How many people live in Princeton, Minnesota?

Princeton, Minnesota has about 4,698 residents according to the 2010 American Community Survey.

What is the median household income in Princeton, Minnesota?

The typical household in Princeton, Minnesota earns about $38,022 a year. Half of households make more than that, and half make less.

Is Princeton, Minnesota expensive?

In Princeton, Minnesota, the median home is worth about $144,900, and the typical rent is about $583 a month.

How educated are people in Princeton, Minnesota?

About 21.6% of adults age 25 and over in Princeton, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Princeton, Minnesota?

About 11.1% of people in Princeton, Minnesota live below the federal poverty line.

Has Princeton, Minnesota grown since 1990?

Yes, Princeton, Minnesota has grown since 1990. The population has added about 981 residents, a change of about 26 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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