Median Income
$79,940
household / year
Median Home Value
$229,500
owner-occupied
Median Rent
$745
gross / month
Cost of Living
89
national avg = 100

Is Princeton, IA a Good Place to Live?

Princeton is a small town of 882 in Iowa, with a median household income of $79,940 and a 5.7% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Princeton stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Princeton is right for you depends on your priorities — the full breakdown is below.

All Princeton city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 89.3

Princeton's overall cost of living index is 89.3, where 100 represents the US national average. Living in Princeton costs roughly 11% less than the average American city.

Metric Princeton, IA National Avg
Median Home Value $229,500 $244,900
Median Monthly Rent $745 $1,163
Homeownership Rate 82.3% 65.9%
Median Household Income $79,940 $74,755

Crime & Safety

Near National Average

Princeton's violent crime rate is 393.8 per 100,000 residents — 4% higher than the national average of ~380 per 100,000.

Violent Crime
393.8 /100k
Property Crime
2347.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Princeton is served primarily by North Scott Comm School District. The student-to-teacher ratio is 16.0:1 .

Metric Princeton, IA National Avg
School District North Scott Comm School District —
Elementary Schools 5 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 16.0:1 16:1
Bachelor's Degree or Higher 20.8% 35.4%
High School Diploma or Higher 93.9% 91.1%

Weather & Climate

Princeton sees average highs of 30.5°F in January and 85.0°F in July, with 38.8 inches of annual precipitation and 31.9 inches of snow per year.

MetricPrinceton, IA
Average High — January30.5°F
Average High — July85.0°F
Annual Precipitation38.8"
Annual Snowfall31.9"

Demographics

MetricPrinceton, IANational Avg
Population882—
Median Age45.538.9
Unemployment Rate5.7%3.7%
Avg Commute Time25.5 min26 min
White (non-Hispanic)93.2%59.3%
Black or African American0.0%13.6%
Hispanic or Latino5.0%18.9%
Asian0.0%6.3%
Under 1818.4%22.2%
65 and over20.6%16.8%

Nearby Cities

ZIP Codes in Princeton

Princeton, IA is covered by 1 ZIP code:

Princeton vs Other Cities

Frequently Asked Questions

Princeton's cost of living index is 89, where 100 is the national average. That makes Princeton roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $229,500 and median rent is $745/month.
Princeton's violent crime rate is 393.8 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2347.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Princeton are operated by North Scott Comm School District. The district has 5 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 16.0:1. 20.8% of adults 25+ hold a bachelor's degree or higher.
Princeton, IA has a population of 882, a median household income of $79,940, and an unemployment rate of 5.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Princeton averages 30.5°F in January and 85.0°F in July. Annual rainfall is 38.8 inches with about 31.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Princeton, IA is covered by 1 ZIP code: 52768.
The population of Princeton, Iowa is 882 with a median age of 45.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Princeton: cost of living index 89 (100 = US average), median home $229,500, median household income $79,940, crime index 107 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Princeton side by side with your current city to see the trade-offs.