Everything You Should Know Before Moving to Princeton, IL
Considering a move to Princeton, IL? This welcoming city of 7,600 offers affordable living with median home prices around $139,000 and average rents under $800. Residents enjoy low crime rates, short 18-minute commutes, and a friendly small-town atmosphere. Princeton boasts solid local schools, convenient healthcare, and a four-season climate with 53% sunny days. With a cost of living well below the national average and easy access to amenities, Princeton provides an attractive option for families and retirees alike.
Demographics - Princeton, IL
Demographics - Princeton, IL
Princeton is home to about 7,600 residents, with a population density of 1,200 people per square mile and a median age of 45, reflecting a mature community. The city is predominantly White (94%) with a small but present mix of other backgrounds, and nearly 5% of residents speak a language other than English at home.
Population:
7,600
Density:
1,200 per sq mi
Median Age:
45.3
Gender Ratio:
93 males per 100 females
Non-English Speakers Percentage:
4.5%
Ethnic Composition
White:
94.0%
Black:
1.3%
Asian:
0.6%
Others:
4.1%
Cost Of Living
What is the average cost of living in Princeton, IL?
Princeton offers an affordable cost of living, with a median home value of $139,000 and average monthly rent around $790. The overall cost of living index is 84.5, well below the national average, making it an attractive choice for budget-conscious families and retirees.
Median House Value:
$139,000
Gross Rent:
$790
Monthly Electricity Charges:
$115
Auto Insurance:
$1,060
House Owner Cost With Mortgage:
$1,140
House Owner Cost Without Mortgage:
$430
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
84.5
Grocery:
96.7
Housing:
62.4
Utilities:
99.8
Transportation:
87.6
Health Care:
95.2
Miscellaneous:
92.1
Crime
Is Princeton, IL a safe place to live?
Princeton experiences low crime rates, with only 110 violent crimes and 1,040 property crimes per 100,000 residents. The chance of being a victim of violent crime is roughly 1 in 900, promoting a sense of safety and security for those living here.
Violent Crimes Per 100k:
110
Property Crimes Per 100k:
1,040
Crime Index:
1,150
Chance Of Violent Crime:
1 in 900
Chance Of Property Crime:
1 in 100
Weather
What is the weather like in Princeton, IL year-round?
Residents in Princeton enjoy all four seasons, with summer highs averaging 85°F and winter lows dipping to 15°F. The city receives about 36 inches of rain annually and experiences sunshine 53% of the year, providing a balanced Midwestern climate.
Winter
Min:
15°F
Max:
33°F
Spring
Min:
39°F
Max:
67°F
Summer
Min:
62°F
Max:
85°F
Fall
Min:
41°F
Max:
66°F
Average Rainfall Inches:
36.4 inches
Sunny Days Percentage:
53%
Neighbors
Household incomes in Princeton average $57,200, with a poverty rate of 11.8% and an unemployment rate of just 5%. Most residents have at least a high school diploma, and the typical commute time is a quick 18 minutes.
Median Income:
$33,900
Household Income:
$57,200
Family Income:
$69,800
Per Capita Income:
$31,400
Income Male:
$40,500
Income Female:
$31,800
Poverty Rate:
11.8%
Non English Speakers:
4.5%
Rent:
$790
Unemployment Rate:
5.0%
Public Transport Usage:
0.4%
Commute Time:
17.8 minutes
Education
High School or Higher:
92.9%
Bachelors or More:
23.1%
Education
How are the schools in Princeton, IL?
Princeton features quality public schools with favorable student-teacher ratios, such as Princeton High School and Logan Junior High, and offers private education options like Princeton Christian Academy. Higher education is accessible nearby, with Illinois Valley Community College just 18 miles away.
Public Schools
Name:
Princeton High School
Street:
103 S Euclid Ave
Phone:
815-875-3308
Students:
600
Student Teacher Ratio:
13.5
Name:
Logan Junior High School
Street:
302 W Central Ave
Phone:
815-875-6415
Students:
350
Student Teacher Ratio:
14.0
Private Schools
Name:
Princeton Christian Academy
Street:
21890 US-34
Phone:
815-875-2933
Students:
120
Colleges
Name:
Illinois Valley Community College
City:
Oglesby
State:
IL
Distance:
18 miles
Students:
2,700
Healthcare
Princeton provides convenient access to healthcare, anchored by OSF Saint Clare Medical Center and a physician rate of 2.1 per 1,000 residents. Over 92% of the population has health insurance, ensuring most residents are covered for medical needs.
Major Hospitals
Name:
OSF Saint Clare Medical Center
Address:
530 Park Ave E, Princeton, IL 61356
Phone:
(815) 875-2811
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
92.5%
Health Care Index:
77.4
Housing Market
What is the housing market like in Princeton, IL?
The housing market in Princeton is stable, boasting a median home price of $139,000 and a high owner-occupancy rate of 70%. Rental vacancies remain moderate at 7%, and home values have appreciated by about 3% over the past year.
Median Home Price:
$139,000
Average Rent For 2 Bedroom:
$800
Owner Occupied Rate:
70.5%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
0.7%
Foreclosure Rate:
0.4%
DMV Information
Local DMV services are available through the Illinois Secretary of State Facility on Railroad Ave, offering a convenient option for license and registration needs. Residents can access additional information and resources online through the state website.
State:
Illinois
Department:
Illinois Secretary of State Facility
Address:
225 E. Railroad Ave, Princeton, IL 61356
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.