Everything You Should Know Before Moving to Princeton, TX
Considering a move to Princeton, TX? With a growing population of 18,180, Princeton offers affordable living with a median home price around $320,000 and average rents near $1,660. Residents enjoy a low violent crime rate (148 per 100k), a short 33-minute average commute, and plenty of sunshine—64% of days are sunny! The city features strong schools, nearby colleges, and a family-friendly atmosphere with a warm Texas climate. Dive into the details below to explore housing, schools, and quality of life in Princeton.
Demographics - Princeton, TX
Demographics - Princeton, TX
Princeton, TX is a youthful and diverse city of 18,180 residents, with a median age of 32.5 and a balanced gender ratio. Over 23% of the population speaks a language other than English at home, and the community includes a mix of White (57%), Black (9%), Asian (2%), and other ethnic backgrounds. The city’s moderate density and inclusive atmosphere make it a welcoming place for new residents.
Population:
18,180
Density:
2,050 per sq mi
Median Age:
32.5
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
23.5%
Ethnic Composition
White:
57.2%
Black:
8.6%
Asian:
2.4%
Others:
31.8%
Cost Of Living
What is the average cost of living in Princeton, TX?
The cost of living in Princeton is close to the national average, with a median home value of $320,000 and average rents around $1,660 per month. Texas’s lack of state income tax can provide added savings, and monthly expenses such as utilities and groceries remain affordable for most households. Overall, Princeton offers a balance of reasonable housing costs and accessible everyday expenses.
Median House Value:
$320,000
Gross Rent:
$1,660
Monthly Electricity Charges:
$140
Auto Insurance:
$1,520
House Owner Cost With Mortgage:
$2,020
House Owner Cost Without Mortgage:
$570
State Taxes:
Low:
0% (no state income tax)
|
High:
0% (no state income tax)
Cost Of Living Index:
99.8
Grocery:
96.5
Housing:
97.2
Utilities:
106.5
Transportation:
101.0
Health Care:
99.0
Miscellaneous:
98.0
Crime
Is Princeton, TX a safe place to live?
Princeton maintains a relatively low crime rate, with just 148 violent crimes and 1,360 property crimes per 100,000 residents. The chance of being a victim of violent crime is about 1 in 675, which is favorable compared to many cities of similar size. These statistics contribute to a sense of safety and peace of mind for families and individuals alike.
Violent Crimes Per 100k:
148
Property Crimes Per 100k:
1,360
Crime Index:
1,508
Chance Of Violent Crime:
1 in 675
Chance Of Property Crime:
1 in 74
Weather
What is the weather like in Princeton, TX year-round?
Residents of Princeton enjoy a warm Texas climate, with mild winters averaging lows in the mid-30s and hot summers reaching highs in the mid-90s. The area receives about 42 inches of rainfall annually and boasts sunny weather 64% of the year. This climate supports an active outdoor lifestyle for much of the year.
Winter
Min:
36°F
Max:
56°F
Spring
Min:
53°F
Max:
76°F
Summer
Min:
73°F
Max:
95°F
Fall
Min:
54°F
Max:
78°F
Average Rainfall Inches:
41.7 inches
Sunny Days Percentage:
64%
Neighbors
Princeton’s households typically earn a median income of $80,100, with a low poverty rate of 7.8% and an unemployment rate of just 3.1%. Most residents commute about 33 minutes to work, and almost 90% have at least a high school diploma. The community is family-friendly, diverse, and offers a stable economic environment.
Median Income:
$41,800
Household Income:
$80,100
Family Income:
$88,900
Per Capita Income:
$29,800
Income Male:
$48,200
Income Female:
$38,900
Poverty Rate:
7.8%
Non English Speakers:
23.5%
Rent:
$1,660
Unemployment Rate:
3.1%
Public Transport Usage:
0.7%
Commute Time:
33.1 minutes
Education
High School or Higher:
89.8%
Bachelors or More:
23.2%
Education
How are the schools in Princeton, TX?
Princeton is served by strong public schools such as Princeton High School and Clark Middle School, each with manageable student-teacher ratios around 15:1. The city also offers private school options and is just minutes from higher education institutions like Collin College. This makes Princeton an attractive location for families seeking quality education for all ages.
Public Schools
Name:
Princeton High School
Street:
1000 E Princeton Dr
Phone:
469-952-5400
Students:
1,520
Student Teacher Ratio:
15.8
Name:
Clark Middle School
Street:
301 Panther Pkwy
Phone:
469-952-5400
Students:
1,060
Student Teacher Ratio:
15.2
Private Schools
Name:
Faith Christian Academy
Street:
5100 W Lucas Rd
Phone:
972-736-3733
Students:
180
Colleges
Name:
Collin College
City:
McKinney
State:
TX
Distance:
7 miles
Students:
55,000
Name:
Texas A&M University-Commerce at Collin Higher Education Center
City:
McKinney
State:
TX
Distance:
8 miles
Students:
1,400
Healthcare
Princeton residents have convenient access to major hospitals in nearby McKinney, including Medical City McKinney and Baylor Scott & White, both offering emergency services. With 2.1 physicians per 1,000 people and nearly 84% health insurance coverage, healthcare is accessible and comprehensive. The area’s healthcare index reflects a good standard of medical care for families and individuals.
Major Hospitals
Name:
Medical City McKinney
Address:
4500 Medical Center Dr, McKinney, TX 75069
Phone:
(972) 547-8000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Baylor Scott & White Medical Center - McKinney
Address:
5252 W University Dr, McKinney, TX 75071
Phone:
(469) 764-1000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
83.9%
Health Care Index:
71.0
Housing Market
What is the housing market like in Princeton, TX?
The housing market in Princeton features a median home price of $320,000 and an average two-bedroom rent of $1,660, offering options for both buyers and renters. About 69% of homes are owner-occupied, and the area has experienced nearly 5% annual home appreciation. A moderate vacancy rate and ongoing new construction indicate a healthy, growing market.
Median Home Price:
$320,000
Average Rent For 2 Bedroom:
$1,660
Owner Occupied Rate:
69.1%
Rental Vacancy Rate:
6.2%
Home Appreciation Rate (1yr):
4.9%
New Construction Rate:
3.0%
Foreclosure Rate:
0.7%
DMV Information
Vehicle services in Princeton are managed by the Texas Department of Motor Vehicles, with resources available online or at the main Austin office. Residents benefit from Texas’s straightforward DMV processes and statewide service network. Information and assistance are easily accessible for registration, licensing, and other needs.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Ave, Austin, TX 78731
Phone:
1-888-368-4689
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.