Minnesota / Mille Lacs County

Moving to Princeton, MN

Thinking of making a move to Princeton, MN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Princeton, MN

Considering a move to Princeton, MN? This welcoming community of 5,302 residents offers a blend of suburban charm and convenience, with median home prices around $258,000 and average rents near $1,050. Commute times average 30 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (57% annually), ideal for families and commuters alike. Explore Princeton's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Princeton, MN

Princeton has a population of 5,302 residents, offering a diverse community with a median age of nearly 37 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 1% Black, and 1% Asian residents, and over 4% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
5,302
Density
1,150 per sq mi
Median Age
36.7
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
4.2%

Ethnic Composition

White
94.2%
Black
0.8%
Asian
0.6%
Others
4.4%

Cost Of Living

What is the average cost of living in Princeton, MN?

The cost of living in Princeton is higher than the national average, with a cost of living index of 98.7. Median home values are around $258,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$258,000
Gross Rent
$1,050
Monthly Electricity Charges
$120
Auto Insurance
$1,330
House Owner Cost With Mortgage
$1,420
House Owner Cost Without Mortgage
$510
State Taxes
Low: 5.35%| High: 9.85%
Cost Of Living Index
98.7
Grocery
97.2
Housing
91.5
Utilities
101.8
Transportation
98.0
Health Care
104.5
Miscellaneous
96.3

Crime

Is Princeton, MN a safe place to live?

Princeton is considered a safe community, with a low violent crime rate of 165 incidents per 100,000 residents and a property crime chance of 1 in 47. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Minnesota.

Violent Crimes Per 100k
165
Property Crimes Per 100k
2,140
Crime Index
2,305
Chance Of Violent Crime
1 in 606
Chance Of Property Crime
1 in 47

Weather

What is the weather like in Princeton, MN year-round?

Princeton experiences four distinct seasons, with warm summers reaching highs of 82°F and cold winters dipping to 2°F. The area receives about 30 inches of rainfall annually and enjoys sunshine on 57% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
2°F
Max
23°F

Summer

Min
55°F
Max
82°F

Spring

Min
33°F
Max
60°F

Fall

Min
36°F
Max
62°F
Average Rainfall Inches
29.8 inches
Sunny Days Percentage
57%

Neighbors

The neighborhood boasts a healthy median household income of $58,900 and a low poverty rate of 10.8%. Over 92% of residents have at least a high school diploma, and nearly 19% hold a bachelor's degree or higher. Commute times average 30 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$36,800
Household Income
$58,900
Family Income
$67,100
Per Capita Income
$28,200
Income Male
$42,000
Income Female
$34,000
Poverty Rate
10.8%
Non English Speakers
4.2%
Rent
$1,050
Unemployment Rate
3.5%
Public Transport Usage
0.6%
Commute Time
30.4 minutes

Education

High School or Higher
91.8%
Bachelors or More
18.9%

Education

How are the schools in Princeton, MN?

Princeton offers quality education options, with public schools like Princeton High School and Princeton Intermediate School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Anoka-Ramsey Community College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Princeton High School
Street
807 8th Ave S
Phone
763-389-6010
Students
1,100
Student Teacher Ratio
18.0
Name
Princeton Intermediate School
Street
721 S 9th Ave
Phone
763-389-6700
Students
750
Student Teacher Ratio
17.1

Colleges

Name
Anoka-Ramsey Community College
City
Cambridge
State
MN
Distance
17 miles
Students
4,000

Healthcare

Princeton residents have access to quality healthcare, with major hospitals like Fairview Northland Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.7 per 1,000 people and 92.5% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Fairview Northland Medical Center
Address
911 Northland Dr, Princeton, MN 55371
Phone
(763) 389-1313
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.7
Health Insurance Coverage
92.5%
Health Care Index
78.9

Housing Market

What is the housing market like in Princeton, MN?

The local housing market is strong, with a median home price of $258,000 and an owner-occupied rate of nearly 65%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 5.7%. Princeton offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$258,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
64.9%
Rental Vacancy Rate
5.7%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
1.2%
Foreclosure Rate
0.7%

DMV Information

Residents of Princeton handle vehicle services through the Minnesota Department of Public Safety – Driver and Vehicle Services, conveniently located in Princeton. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Minnesota
Department
Minnesota Department of Public Safety – Driver and Vehicle Services
Address
601 Northland Dr, Princeton, MN 55371
Phone
1-651-297-2126

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.

FAQs About Moving to Princeton, MN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Princeton, review the core fields on this page: population 5,302, median home value $258,000, average rent for 2 bedroom $1,050, commute time 30.4 minutes, and sunny days percentage 57%.

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