Princeton, TX Profile: Facts & Data

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Princeton, Texas - Basic Facts

The City of Princeton had a population of 13,391 as of July 1, 2019.

The primary coordinate point for Princeton is located at latitude 33.1801 and longitude -96.498 in Collin County. The formal boundaries for the City of Princeton encompass a land area of 7.55 sq. miles and a water area of 0.05 sq. miles. Collin County is in the Central time zone (GMT -6). The elevation is 574 feet.

The City of Princeton (GNIS ID: 2411493) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Princeton is located within Princeton Division of Collin County.

Alternate Unofficial Names for Princeton: Wilson's Switch.

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  1. Princeton 2019 Demographic Data
  2. Growth Rates for Princeton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Texas Research Tools (Easy Tools & Current Data)
  3. Texas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Princeton, TX Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Princeton, TX Housing Affordability Index is 195
State of Texas Housing Affordability Index is 132
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Princeton, TX Wealth Index is 80
State of Texas Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Texas COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 13,391 (100%)
Population in Households 13,391 (100.0%)
Population in Families 11,675 (87.2%)
Population in Group Quarters1 0
Population Density 1,409
Diversity Index2 63
 

INCOME

Median Household Income $68,368
Average Household Income $81,033
Per Capita Income $27,453
Wealth Index4 80

HOUSING

Total Housing Units 4,651 (100%)
Owner Occupied HU 3,602 (77.4%)
Renter Occupied HU 810 (17.4%)
Vacant Housing Units 240 ( 5.2%)
Median Home Value $172,696
Housing Affordability Index3 195
 

HOUSEHOLDS

Total Households 4,411
Average Household Size 3.04
Family Households 3,364
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 7.64% 4.21%
Households 7.38% 4.02%
Families 7.37% 3.99%
Median Household Income   3.08%
Per Capita Income   3.31%

Princeton, TX - Peer Comparisons by Rank and Percentile

The table below compares Princeton to the other 1,746 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 213 88th
Population Density # 491 72nd
Diversity Index # 535 69th
Median Household Income # 354 80th
Per Capita Income # 649 63rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Texas Census Data Comparison Tool.

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