Everything You Should Know Before Moving to Princeton, IN
Considering a move to Princeton, IN? With a friendly population of about 8,200 and a median home value of $125,000, Princeton offers affordable living and short average commutes of just 20 minutes. Enjoy a small-town atmosphere, low cost of living, and access to local schools and healthcare. While property crime rates are higher than average, the city boasts 61% sunny days yearly and convenient access to nearby colleges and amenities. Explore more about living in Princeton below!
Demographics - Princeton, IN
Demographics - Princeton, IN
Princeton, Indiana is home to approximately 8,200 residents, with a median age of 39.8 years and a population density of 1,700 people per square mile. The city is predominantly White, and features a nearly even gender split, fostering a close-knit, family-friendly community atmosphere.
Population:
8,200
Density:
1,700 per sq mi
Median Age:
39.8
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
3.5%
Ethnic Composition
White:
92.3%
Black:
2.2%
Asian:
0.7%
Others:
4.8%
Cost Of Living
What is the average cost of living in Princeton, IN?
Princeton offers a notably affordable cost of living, with a median home value of $125,000 and average rent around $790 per month. The cost of living index sits at 80.1, well below the national average, making this city an attractive choice for budget-conscious families and individuals.
Median House Value:
$125,000
Gross Rent:
$790
Monthly Electricity Charges:
$130
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,050
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
3.15%
|
High:
5.25%
Cost Of Living Index:
80.1
Grocery:
93.2
Housing:
62.5
Utilities:
98.5
Transportation:
89.1
Health Care:
94.2
Miscellaneous:
88.6
Crime
Is Princeton, IN a safe place to live?
While Princeton provides a generally safe environment, property crime rates are higher than the national average, with a 1 in 43 chance of experiencing property crime. Violent crime remains relatively low, at 240 incidents per 100,000 residents, contributing to a sense of security for most residents.
Violent Crimes Per 100k:
240
Property Crimes Per 100k:
2,300
Crime Index:
2,540
Chance Of Violent Crime:
1 in 417
Chance Of Property Crime:
1 in 43
Weather
What is the weather like in Princeton, IN year-round?
Residents enjoy four distinct seasons, with warm summers averaging highs near 87°F and mild winters with lows around 24°F. Princeton receives about 46.7 inches of rainfall annually and enjoys sunshine 61% of the year, perfect for outdoor activities.
Winter
Min:
24°F
Max:
40°F
Spring
Min:
44°F
Max:
68°F
Summer
Min:
65°F
Max:
87°F
Fall
Min:
46°F
Max:
70°F
Average Rainfall Inches:
46.7 inches
Sunny Days Percentage:
61%
Neighbors
Local households earn a median income of $51,300, and most residents have at least a high school education. The area maintains a low unemployment rate of 3.8%, and average commute times are a convenient 20 minutes, supporting a balanced lifestyle.
Median Income:
$33,800
Household Income:
$51,300
Family Income:
$60,400
Per Capita Income:
$25,400
Income Male:
$47,500
Income Female:
$32,500
Poverty Rate:
13.4%
Non English Speakers:
3.5%
Rent:
$790
Unemployment Rate:
3.8%
Public Transport Usage:
0.5%
Commute Time:
20.2 minutes
Education
High School or Higher:
88.9%
Bachelors or More:
15.2%
Education
How are the schools in Princeton, IN?
Princeton features quality public and private schools, such as Princeton Community High School and St. Joseph Catholic School, and is within easy reach of colleges like Oakland City University just 8 miles away. Students benefit from favorable student-teacher ratios and diverse educational opportunities.
Public Schools
Name:
Princeton Community High School
Street:
1101 N Main St
Phone:
812-385-2591
Students:
650
Student Teacher Ratio:
16.5
Name:
Princeton Community Middle School
Street:
1106 N Embree St
Phone:
812-386-2025
Students:
410
Student Teacher Ratio:
16.8
Private Schools
Name:
St. Joseph Catholic School
Street:
427 S Stormont St
Phone:
812-385-2228
Students:
210
Colleges
Name:
Oakland City University
City:
Oakland City
State:
IN
Distance:
8 miles
Students:
2,350
Name:
University of Southern Indiana
City:
Evansville
State:
IN
Distance:
27 miles
Students:
9,400
Healthcare
Princeton is served by Gibson General Hospital and has a solid healthcare foundation with 1.7 physicians per 1,000 residents. Over 90% of locals have health insurance, ensuring good access to essential medical services.
Major Hospitals
Name:
Gibson General Hospital
Address:
1808 Sherman Dr, Princeton, IN 47670
Phone:
(812) 385-3401
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.7
Health Insurance Coverage:
90.8%
Health Care Index:
67.4
Housing Market
What is the housing market like in Princeton, IN?
The housing market in Princeton is affordable and stable, with a median home price of $125,000 and a homeownership rate of 65%. Average rent for a two-bedroom apartment is around $790, and the market experiences modest appreciation, making homeownership accessible.
Median Home Price:
$125,000
Average Rent For 2 Bedroom:
$790
Owner Occupied Rate:
65.1%
Rental Vacancy Rate:
8.2%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.6%
Foreclosure Rate:
0.8%
DMV Information
Residents can conveniently access the Indiana Bureau of Motor Vehicles at 225 N. Hart St in Princeton for licensing and registration services. The local office offers helpful support and resources for all your vehicle needs.
State:
Indiana
Department:
Bureau of Motor Vehicles
Address:
225 N. Hart St, Princeton, IN 47670
Phone:
888-692-6841
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.