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Retire To Princeton, NJ
City Report

Princeton, New Jersey is one of the great places in the U.S. for that retirement or second home. Find city facts on home sales prices, air quality, water quality, medical care, cost of living, weather and other demographics.


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Read the city profile and recent blog posts from local real estate experts. The EPA map shows superfund cleanups in the area and the interactive map provides a birds-eye view of the city.

Links in the data below provide a list of cities similar to Princeton in that certain data category. Check back often for home price updates.


Princeton, New Jersey
Princeton University campus at Princeton, New Jersey

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Princeton, New Jersey


Population
. 1990 2000 2007
Mercer County blank 350,761 blank
Princeton 12,016 14,203 13,517



Princeton
Home Sales Prices
(new & existing homes)
. Average Annual Average Yr-Over-Yr Change
2010 .$573,727-5.4%
Jun $570,000 . .
May $393,000 . .
Apr $345,000 . .
Mar $779,000 . .
Feb $630,000 . .
Jan $595,000 . .
2009 .$606,559-1.5%
2008 .$615,858-16.0%
2007 . $732,958 13.1%
2006 . $648,068 2.6%
2005 . $631,862 18.7%
 Local Home Resources Resources:
     






Cost of Living (2010)
197% GPTR 99 City Average
127%



Home Sales Price Comparison
(2010)
. . GPTR 99 City Avg
Near Large City Trenton na
Home Sales Price in Trenton $230,000 $213,000
Home Sales Price Bargain Index 249% of Trenton home prices 155%



Princeton
Distance to Nearest Large City
(pop. > 200,000)
41 miles  to Newark GPTR 99 City Average
97 miles



Air Quality
Mercer County
. Good Days Moderate Days Unhealthy for Sensitive Persons Days Unhealthy Days
2008 216 48 10 0
2007 256 88 16 2
2006 299 57 6 0
2005 301 56 8 0




Princeton
Water Quality
. % Good % Threatened % Impaired
2006 na na na
2004 na na na
2002 19 0 81




Taxes
(2009-2010)
blank Tax Rate Days Worked to Pay State Rank Tax Rate
(99 City Avg)
Days Worked to Pay
(99 City Avg)
State and Local Sales Tax 7.0% -- 19* 6.8% --
Federal, State and Local Tax -- 115 days 2* -- 99 days
* State rank of 1 pays the highest taxes



Princeton
Recreation
. # of Parks # of Parks
(99 City Avg)
National Parks, Historic Sites, etc.
(managed by National Park Service)
Delaware National Scenic River, Edgar Allan Poe National Historic Site plus 30 more 7
National Campgrounds, Lodges, etc.
(other federal agency-managed sites)
10 26
State Parks, Sites, etc. 30 11



Crime Report
(crimes per 10,000 population)
. Total Crimes Violent Crimes Property Crimes
2008 92 1 91
2007 255 11 244
2006 267 16 251
2005 325 15 310




Princeton
Climate
(1971-2000)
. . 99 City Avg
January - Avg Low Temp 22 F 27 F
January - Avg Daily Temp 30 F 37 F
July - Avg Daily Temp 74 F 74 F
July - Avg High Temp 85 F 86 F
Avg Annual Precipitation 48 in 35 in



Elevation
100 feet GPTR 99 City Average
1,660 feet



Princeton
Natural Hazards
. Risk Level 99 City Average
Total Hazard Risk Moderate Moderate
Earthquake .7% .6%
Tsunami No Risk No Risk
Hurricane 20-40 0
Flood Very High Very High
Tornado Low Low
Volcano No Risk No Risk
Wildfire Low Low



Demographics
(2006)
. . 99 City Avg
White 80.3% 83.3%
Black 6.4% 6.9%
Native American 0.3% 0.8%
Asian 7.5% 3.2%
Native Hawaiian and Other Pacific Islander 0.1% 0.2%
Other 2.5% 3.3%
Multiple Races 3.0% 2.4%
Hispanic (of any race) 7.1% 8.7%



Princeton
Median Age (2006)
25 years GPTR 99 City Average
36 years



Family Income & Housing
(2006)
. . 99 City Average
Total Housing Units 3,495 26,131
Occupied Housing Units 95% 86%
Vacant Housing Units (seasonal or recreational use) 5% 14%
Home Ownership Rate na 54%
Median Family Income $102,957 $55,423
Average Family Size 2.90 2.91



Princeton
Medical Care
(2009)
Hospital/Medical Center City Distance from City Accredited - Dept. of HHS, AOA or JCAHO GPTR 99 City
Average
University Medical Center at Princeton Princeton In the city Yes 4 accredited hospitals within 10 miles of city
Princeton Specialty Care Center Princeton In the city Yes



Population Density
(2007)
. . 99 City Avg
Land Area (sq mi) 2 31
People Per Square Mile 6,759 2,035



Princeton
Building Permits
(single family homes)
2009 19
2008 19
2007 11
2006 23
2005 12




Heating and Cooling Degree Days
(avg annual)
. . 99 City Avg
Total Degree Days 6,108 5,926
HDD 5,357 4,677
CDD 751 1,249



EPA Hazardous Material Cleanup Sites
(Princeton Area)
Princeton Area EPA Cleanup Sites


Legend:
Small green circles (older style maps) or multi-colored circles (newer style maps: click here for legend) indicate 1)Superfund Sites 2)Federal Facilities 3)RCRA Corrective Action Sites and 4)Brownfields Properties (EPA hazardous material cleanup sites defined at Environment link)



Princeton Area Interactive Maps

(Click map icons to Zoom In/Out, change format, navigate or rotate. Click map and drag mouse
to pan. Use Pegman for a StreetView.)



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