Historic Nassau Street architecture in Princeton

Relocation guide

Moving to Princeton

What it costs, what the weather is like, schools, outdoors and the honest pros and cons, from public data.

Population

30,451

Median age 27.5

Median household income

$184,113

Median rent

$2,448/mo

Median home value

$1,040,400

Schools

12

2 districts

Summer high / winter low

86° / 24°

Pros

  • Household incomes run 134% above the US median ($184,113).
  • Rent takes only about 16% of the median household income.
  • Mild weather in May, September, October, with highs between 65°F and 85°F.
  • 31 national forests, lakes and recreation areas within reach.

Cons

  • Homes cost 243% more than the US median ($1,040,400).
  • Cold winters: January lows average 24°F.

Pros and cons come from comparisons with US medians and the city’s 30-year weather normals; they leave out things numbers can’t capture.

Plan your move

Where in Princeton?

Princeton spans 3 zip codes. Median home values range from $723,400 to $754,800 by zip.

Compare zip codes

Thinking about a nearby city too?

Life in Princeton

4 Mercer Street (Princeton, New Jersey)
4 Mercer Street (Princeton, New Jersey)David Keddie · CC BY-SA 4.0
View south along Quaker Road (Mercer County Route 533) at Parkside Drive in Princeton, Mercer County, New Jersey
2017-09-12 17 27 10 View south along Quaker Road (Mercer County Route 533) at Parkside Drive in Princeton, Mercer County, New JerseyFamartin · CC BY-SA 4.0
McCormick Hall, Princeton University Art Museum, Princeton University Campus, Princeton, New Jersey, USA
McCormick Hall, Princeton University Art Museum, Princeton University Campus, Princeton, New Jersey, USAGary Miotla · CC BY 3.0

See Princeton

Elements Restaurant in Princeton NJ Part 1 - Crazy Plates & Tasting Menu video thumbnail

LOCAL FOOD · YOUTUBE SHORT

Elements Restaurant in Princeton NJ Part 1 - Crazy Plates & Tasting Menu

A local food Short shared by High Speed Dining.

Watch on YouTube ↗
Best college sandwich comes from Hoagie Haven in Princeton, NJ. video thumbnail

LOCAL FOOD · YOUTUBE SHORT

Best college sandwich comes from Hoagie Haven in Princeton, NJ.

A local food Short shared by Lets Eat Cal.

Watch on YouTube ↗

Questions

Is Princeton a good place to live?

It depends on what you need. Household incomes run 134% above the US median ($184,113). Rent takes only about 16% of the median household income. On the other hand: Homes cost 243% more than the US median ($1,040,400). Cold winters: January lows average 24°F.

How much do I need to earn to live in Princeton?

The median household earns $184,113. Rent at the median ($2,448/month) is about 16% of that; a common rule of thumb is to keep rent under 30% of income, which means earning about $97,920 a year.

How many schools are in Princeton?

12 public and private schools across 2 districts. See the schools page for each school’s grades and contact details.

What is the weather like in Princeton?

Highs average 86°F in July and lows 24°F in January. The most comfortable months are May, September, October.

Sources: U.S. Census Bureau, American Community Survey 2019–2023 5-year estimates; NOAA climate normals; NCES schools; OpenStreetMap parks; Recreation.gov.

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