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Princeton, Kentucky

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
6,241
Population
$47,411
Median Income
$96,600
Home Value
40.5
Median Age

Demographics

Princeton has a population of 6,241 with a median age of 40.5. Here is the racial and ethnic breakdown of the population:

White
82.3%
Black
11.7%
Other
4.8%
Hispanic
1.2%
Demographic Value
Total Population6,241
Median Age40.5
White82.3%
Black or African American11.7%
Hispanic or Latino1.2%
Other / Two or More Races4.8%
Princeton, Kentucky — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 82.3%Black: 11.7%Other: 4.8%Other: 1.2%6,241PopulationWhiteWhite82.3%BlackBlack11.7%OtherOther4.8%OtherOther1.2%

Income & Economy

The median household income in Princeton is $47,411, which is 41.2% below the national median of $80,610. The per capita income is $27,952. The poverty rate is 15.8%.

$47,411
Median Household Income
$27,952
Per Capita Income
15.8%
Poverty Rate

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Education

In Princeton, 87.9% of residents age 25+ have a high school diploma or higher, and 16.7% hold a bachelor's degree or higher (5.9% with a graduate or professional degree).

HS Diploma+
87.9%
Bachelor's+
16.7%
Graduate+
5.9%
Education Level % of Adults (25+)
High School Diploma or Higher87.9%
Bachelor's Degree or Higher16.7%
Graduate or Professional Degree5.9%

Housing

The median home value in Princeton is $96,600, below the national median of $303,400. The median monthly rent is $762. The homeownership rate is 52.8%.

$96,600
Median Home Value
$762/mo
Median Rent
52.8%
Homeownership Rate
Housing Metric Value
Median Home Value$96,600
Median Monthly Rent$762
Homeownership Rate52.8%
Vacancy Rate16.6%

Salaries in Kentucky

Explore salary data for popular occupations in Kentucky:

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Other Cities in Kentucky

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Frequently Asked Questions

What is the population of Princeton, Kentucky?
The population of Princeton, Kentucky is 6,241 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Princeton, Kentucky?
The median household income in Princeton, Kentucky is $47,411. This is 41.2% below the national median of $80,610.
What is the median home value in Princeton, Kentucky?
The median home value in Princeton, Kentucky is $96,600. The median monthly rent is $762.
What percentage of people in Princeton have a college degree?
In Princeton, Kentucky, 16.7% of adults age 25 and older hold a bachelor's degree or higher, and 87.9% have a high school diploma or higher.
Is Princeton, Kentucky an affordable place to live?
The home price-to-income ratio in Princeton, Kentucky is 2.0x (median home value $96,600 vs. median income $47,411), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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