Cost of Living in Princeton, Texas
Princeton has a population of about 25,229. The median household income is $105,200, median gross rent is $2,239/month, and the median home value is $331,000. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Princeton expensive to live in?
Compared with the national median in this dataset, rent in Princeton is 35% above the national median and home values are 12% below the national median. Household income here is 25% above the national median. Monthly rent represents roughly 26% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Princeton?
The median gross rent in Princeton, Texas is $2,239 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Princeton?
The median owner-occupied home value in Princeton is $331,000 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Princeton?
The median household income in Princeton is $105,200 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.