Median Income
$45,764
household / year
Median Home Value
$74,800
owner-occupied
Median Rent
$430
gross / month
Cost of Living
83
national avg = 100

Is Princeton, MO a Good Place to Live?

Princeton is a small town of 1,264 in Missouri, with a median household income of $45,764 and a 1.1% unemployment rate. Its cost of living index is 83 (US average = 100), which is 17% 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: No major red flags stand out in the available data. 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: 83.2

Princeton's overall cost of living index is 83.2, where 100 represents the US national average. Living in Princeton costs roughly 17% less than the average American city.

Metric Princeton, MO National Avg
Median Home Value $74,800 $244,900
Median Monthly Rent $430 $1,163
Homeownership Rate 72.2% 65.9%
Median Household Income $45,764 $74,755

Crime & Safety

Very Safe

Princeton's violent crime rate is 27.6 per 100,000 residents — 93% lower than the national average of ~380 per 100,000.

Violent Crime
27.6 /100k
Property Crime
193.5 /100k

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

Schools & Education

Princeton is served primarily by PRINCETON R-V. The student-to-teacher ratio is 8.9:1 (better than the national average of ~16:1).

Metric Princeton, MO National Avg
School District PRINCETON R-V
Elementary Schools 1
Middle Schools N/A
High Schools 1
Student/Teacher Ratio 8.9:1 16:1
Bachelor's Degree or Higher 19.4% 35.4%
High School Diploma or Higher 89.4% 91.1%

Weather & Climate

Princeton sees average highs of 33.6°F in January and 85.8°F in July, with 38.0 inches of annual precipitation and 17.2 inches of snow per year.

MetricPrinceton, MO
Average High — January33.6°F
Average High — July85.8°F
Annual Precipitation38.0"
Annual Snowfall17.2"

Demographics

MetricPrinceton, MONational Avg
Population1,264
Median Age39.338.9
Unemployment Rate1.1%3.7%
Avg Commute Time21.5 min26 min
White (non-Hispanic)90.7%59.3%
Black or African American0.6%13.6%
Hispanic or Latino5.8%18.9%
Asian0.0%6.3%
Under 1825.4%22.2%
65 and over17.5%16.8%

Nearby Cities

Princeton vs Other Cities

Frequently Asked Questions

Princeton's cost of living index is 83, where 100 is the national average. That makes Princeton roughly 17% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $74,800 and median rent is $430/month.
Princeton's violent crime rate is 27.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 193.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Princeton are operated by PRINCETON R-V. The district has 1 elementary, several middle, and 1 high schools. The student-to-teacher ratio is 8.9:1. 19.4% of adults 25+ hold a bachelor's degree or higher.
Princeton, MO has a population of 1,264, a median household income of $45,764, and an unemployment rate of 1.1%. 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 33.6°F in January and 85.8°F in July. Annual rainfall is 38.0 inches with about 17.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Princeton, Missouri is 1,264 with a median age of 39.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Princeton: cost of living index 83 (100 = US average), median home $74,800, median household income $45,764, crime index 8 (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.