Median Income
$172,875
household / year
Median Home Value
$207,500
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
92
national avg = 100

Is Princeton, NE a Good Place to Live?

Princeton is a small town of 127 in Nebraska, with a median household income of $172,875 . Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Princeton stands out for an affordable cost of living, below-average home prices, a well-educated population.

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: 92.0

Princeton's overall cost of living index is 92.0, where 100 represents the US national average. Living in Princeton costs roughly 8% less than the average American city.

Metric Princeton, NE National Avg
Median Home Value $207,500 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 100.0% 65.9%
Median Household Income $172,875 $74,755

Crime & Safety

Safer than Average

Princeton's violent crime rate is 329.4 per 100,000 residents — 13% lower than the national average of ~380 per 100,000.

Violent Crime
329.4 /100k
Property Crime
2332.6 /100k

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

Schools & Education

Metric Princeton, NE National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 49.5% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

Princeton sees average highs of 34.4°F in January and 86.5°F in July, with 31.7 inches of annual precipitation and 28.6 inches of snow per year.

MetricPrinceton, NE
Average High — January34.4°F
Average High — July86.5°F
Annual Precipitation31.7"
Annual Snowfall28.6"

Demographics

MetricPrinceton, NENational Avg
Population127—
Median Age50.138.9
Unemployment Rate0.0%3.7%
Avg Commute TimeN/A26 min
White (non-Hispanic)100.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1811.8%22.2%
65 and over0.0%16.8%

Nearby Cities

ZIP Codes in Princeton

Princeton, NE is covered by 1 ZIP code:

Princeton vs Other Cities

Frequently Asked Questions

Princeton's cost of living index is 92, where 100 is the national average. That makes Princeton roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $207,500 and median rent is N/A/month.
Princeton's violent crime rate is 329.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2332.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Princeton, NE has a population of 127, a median household income of $172,875, and an unemployment rate of 0.0%. 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 34.4°F in January and 86.5°F in July. Annual rainfall is 31.7 inches with about 28.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Princeton, NE is covered by 1 ZIP code: 68404.
The population of Princeton, Nebraska is 127 with a median age of 50.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Princeton: cost of living index 92 (100 = US average), median home $207,500, median household income $172,875, crime index 96 (100 = US average, lower is safer). 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.