08542 Zip Code

April 23, 2024

Zip Code:	08542
City/Town:	Princeton
State:	New Jersey

Population:	5,189
Per Capita Income:	$38,840
Mean Household Income:	$82,256

Total Housing Units:	1,481
Median Home Value:	$226,200
Median Year Homes Built:	1940

Land Area:	0.5 sq miles 1.3 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (08542 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

5,189

Male:

2,718

52.4%

49.2%

Female:

2,471

47.6%

50.8%

Median Age:

24.3 yrs

37.2 yrs

Under 5 years:

189

3.6%

6.5%

5 to 9 years:

159

13.7%

6.6%

10 to 19 years:

877

16.9%

13.8%

20 to 29 years:

1,867

36.0%

13.8%

30 to 39 years:

680

13.1%

13.0%

40 to 49 years:

475

9.2%

14.2%

50 to 59 years:

392

7.6%

13.6%

60 to 69 years:

242

4.7%

9.4%

70 to 79 years:

166

3.2%

5.4%

80 years and over:

142

2.7%

3.7%

Housing Information (08542 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$226,200

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$4,376 / yr.

$1,334 / yr.

Median rent:

$892 / mo.

$519 / mo.

Total households:

1,481

Family households:

689

46.5%

66.4%

Nonfamily households:

792

53.5%

33.6%

Households with individuals under 18 years:

341

23.0%

33.4%

Households with individuals 65 years and over:

284

19.2%

24.9%

Average household size:

2.3

Average family size:

3.1

Total housing units:

1,644

Occupied housing units:

1,481

90.1%

88.6%

Vacant housing units:

163

9.9%

11.4%

For rent:

3.2%

3.1%

Rented, not occupied:

0.7%

0.2%

For sale only:

1.8%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

2.4%

3.5%

All other vacants:

1.8%

2.8%

Homeowner vacancy rate:

5.2%

2.4%

Rental vacancy rate:

5.1%

9.2%

Owner-occupied housing units:

528

Population in owner-occupied housing units:

1,198

Average household size of owner-occupied units:

2.3

2.65

Renter-occupied housing units:

953

Population in renter-occupied housing units:

2,241

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (08542 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,553

Less than 9th grade:

328

12.8%

6.2%

9th to 12th grade, no diploma:

240

9.4%

8.7%

High school graduate (includes equivalency):

279

10.9%

29.0%

Some college, no degree:

303

11.9%

20.6%

Associate degree:

2.1%

7.5%

Bachelor's degree:

622

24.4%

17.6%

Graduate or professional degree:

728

28.5%

10.3%

Percent high school graduate or higher:

77.8%

85.0%

Percent bachelor's degree or higher:

52.9%

27.9%

Income Information (08542 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

1,470

28.3%

50.4%

Median income:

$26,979 / yr.

$27,932 / yr.

Full-time, year-round workers:

741

14.3%

59.7%

Median income:

$34,972 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,264

24.4%

49.6%

Median income:

$22,382 / yr.

$16,327 / yr.

Full-time, year-round workers:

435

8.4%

40.3%

Median income:

$47,708 / yr.

$28,135 / yr.

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