Princeton

Population: 8,347
Median household income: $57,234
Median home value: $117,100

Located in Gibson County, Indiana, Princeton is a community with a population of 8,347. At $57,234, its median household income sits below Gibson County's $67,763.

From 2019 to 2023, Princeton's population declined 3.9% from 8,684 to 8,347, while its median home value rose 20.8% from $96,900 to $117,100.

The median resident is 38.2 years old. The largest age group is 5 to 17, 19.1% of residents.

Demographics

ACS 2019–2023

Population: 8,347
Median age: 38.2 yrs
Median household income: $57,234
Median home value: $117,100
Median gross rent: $892
Housing units: 3,947
Homeownership rate: 60.5%
Bachelor's degree or higher: 10.2%
Unemployment rate: 3.8%

Trends

ACS 5-year · 2019–2023

Population

8,6848,347

Median household income

$47,091$57,234

Median home value

$96,900$117,100

Median gross rent

$626$892

Year	Population	Median household income	Median home value	Median gross rent
2019	8,684	$47,091	$96,900	$626
2020	8,716	$46,412	$95,400	$666
2021	8,337	$50,734	$101,700	$718
2022	8,344	$56,378	$117,800	$777
2023	8,347	$57,234	$117,100	$892

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.8%

5 to 1719.1%

18 to 246.6%

25 to 3414.5%

35 to 4412.8%

45 to 5412.9%

55 to 6411.8%

65 to 749.3%

75 and over7.1%

	Count	Share
Under 5	486	5.8%
5 to 17	1,595	19.1%
18 to 24	554	6.6%
25 to 34	1,212	14.5%
35 to 44	1,065	12.8%
45 to 54	1,073	12.9%
55 to 64	989	11.8%
65 to 74	779	9.3%
75 and over	594	7.1%

Race & ethnicity

	Count	Share
White (non-Hispanic)	6,854	82.1%
Black or African American	511	6.1%
American Indian & Alaska Native	4	0.0%
Asian	58	0.7%
Native Hawaiian & Pacific Islander	32	0.4%
Some other race	48	0.6%
Two or more races	346	4.1%
Hispanic or Latino (any race)	494	5.9%

Educational attainment (age 25+)

No high school diploma14.7%

High school graduate51.2%

Some college or associate's24.0%

Bachelor's degree7.4%

Graduate or professional degree2.7%

	Count	Share
No high school diploma	837	14.7%
High school graduate	2,922	51.2%
Some college or associate's	1,372	24.0%
Bachelor's degree	425	7.4%
Graduate or professional degree	156	2.7%

Commute to work

Mean travel time to work: 14 min

Drove alone81.6%

Carpooled8.1%

Public transit1.3%

Walked3.4%

Bicycle0.0%

Worked from home2.3%

Other means3.4%

How workers get to work

	Count	Share
Drove alone	3,069	81.6%
Carpooled	304	8.1%
Public transit	49	1.3%
Walked	126	3.4%
Bicycle	0	0.0%
Worked from home	87	2.3%
Other means	126	3.4%

Travel time

	Count	Share
Under 15 min	2,496	67.9%
15 to 29 min	637	17.3%
30 to 44 min	265	7.2%
45 to 59 min	239	6.5%
60+ min	37	1.0%

Households

Average household size: 2.34
Poverty rate: 14.8% (1,176 of 7,940)

	Count	Share
Family households	2,107	62.1%
Nonfamily households	1,284	37.9%

Housing

Median year structure built: 1971

Occupancy

	Count	Share
Occupied	3,391	85.9%
Vacant	556	14.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,052	60.5%
Renter-occupied	1,339	39.5%

1-unit, detached67.0%

1-unit, attached1.5%

2 to 4 units12.5%

5 to 19 units6.4%

20 or more units7.4%

Mobile home & other5.2%

Units in structure

	Count	Share
1-unit, detached	2,645	67.0%
1-unit, attached	59	1.5%
2 to 4 units	493	12.5%
5 to 19 units	251	6.4%
20 or more units	294	7.4%
Mobile home & other	205	5.2%

Geography

Place GEOID: 1862046
Type (LSAD): 25
Land area: 5.48 sq mi
Water area: 0.01 sq mi
Center point: 38.3545, -87.5795