Princeton Junction CDP, Mercer County, New Jersey Population and Demographics

In this article, we'll explore the population statistics for Princeton Junction CDP, New Jersey, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in Princeton Junction CDP, New Jersey. The most basic data is the total population, which is the total number of people living in Princeton Junction CDP, New Jersey. The estimated population of Princeton Junction CDP, New Jersey is 2,208 people, with a median age of 47.9.

We can look at the total population in Princeton Junction CDP over the last 5 years to see how much it has changed.

Year Population Change 5-Year Change
2021
2,208
+11.01%
-9.02%
2020
1,989
-14.85% -
2019
2,336
-8.39% -
2018
2,550
+5.07%
-
2017
2,427
- -

Population of Princeton Junction CDP, New Jersey by Race and Ethnicity

We can also look at how the population has changed over the last 5 years by each of the race/ethnicity types as defined by the US Census Bureau.

Race 2021 2017 Change
White
70.2%
65.1%
+7.83%
Black/African American
1.6%
1.2%
+33.33%
Native
0%
0%
0.00%
Hispanic
3.4%
4.7%
-27.66%
Asian
20%
26.3%
-23.95%
Hawaiian/Pacific Islander
0%
0%
0.00%
Two Or More Races
4.9%
2.6%
+88.46%
Other
0%
0%
0.00%

This data can be very important for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of Princeton Junction CDP, New Jersey by Age and Gender

The age and gender of a population is another interesting demographic statistic because it lets us track trends in the population over time. For example, we can see how the population has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 47.9 -3.23% 47.8 +0.84% 49.3 -4.09%
2020 49.5 +4.21% 47.4 +1.94% 51.4 0%
2019 47.5 +3.94% 46.5 +3.56% 51.4 +11.02%
2018 45.7 +4.58% 44.9 +12.25% 46.3 -0.86%
2017 43.7 - 40 - 46.7 -

The median age of Princeton Junction CDP, New Jersey gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 272 -87.7% 101 +45.4% 74 137
10 to 19 107 +58.89% 120 -20.21% 160 51
20 to 29 35 +87.43% 53 +42.09% 65 67
30 to 39 200 -8.68% 228 -58.75% 178 114
40 to 49 162 -6.39% 148 25.14% 137 147
50 to 59 159 +43.96% 139 +37.23% 236 192
60 to 69 123 +82.04% 200 16.46% 227 168
70+ 169 -20.23% 211 -42.26% 130 125

Median Household Income

The latest median household income of Princeton Junction CDP, New Jersey is $196,364.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less. The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for Princeton Junction CDP.

  • Under 25
    $0.00
  • 25 to 44
    $250,001.00
  • 45 to 64
    $215,547.00
  • 65 and over
    $0.00

Average Household Income

Whenever we ask what is the average household income in Princeton Junction CDP, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in Princeton Junction CDP, and then dividing that number by the total number of households. This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of Princeton Junction CDP, New Jersey is currently $203,233.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

48.40% of households in Princeton Junction CDP are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of Princeton Junction CDP against other areas.

  • Less than $24,999
    15.06%
  • $25,000 to $49,999
    5.88%
  • $50,000 to $74,999
    6.20%
  • $75,000 to $99,999
    0.00%
  • $100,000 to $149,999
    11.43%
  • $150,000 to $199,999
    13.03%
  • $200,000 or more
    48.40%

Per Capita Income

The per capita income in Princeton Junction CDP is $86,457.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of Princeton Junction CDP by the total population of Princeton Junction CDP.

This is different from the average or mean income because it includes and accounts for all people in Princeton Junction CDP, New Jersey, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in Princeton Junction CDP to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    36.87%
  • Bachelor's degree
    50.66%
  • Some college or associate's degree
    1.70%
  • High school diploma or equivalent
    9.99%
  • Less than high school diploma
    0.77%

Employment

Employment rates are all based around the total population in Princeton Junction CDP that are over the age of 16.

The total population of Princeton Junction CDP over the age of 16 is 1,826.

Of those people, a total of 74.90% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in Princeton Junction CDP is 67.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate.

Age Population Participation Unemployment Rate
16 to 19 years 40 0.00% 0.00%
20 to 24 years 19 100.00% 0.00%
25 to 29 years 113 99.10% 0.00%
30 to 34 years 248 100.00% 0.00%
35 to 44 years 158 90.50% 0.00%
45 to 54 years 323 83.60% 0.70%
55 to 59 years 275 90.90% 13.20%
60 to 64 years 276 77.20% 25.40%
65 to 74 years 182 53.80% 51.00%
75 years and over 192 7.30% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in Princeton Junction CDP. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau.

Age Population Participation Unemployment Rate
White 1,338 75.40% 9.20%
Black or African American 51 100.00% 68.60%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 379 76.30% 3.80%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 0 0.00% 0.00%
Two or more races 58 31.00% 0.00%
Hispanic or Latino 75 45.30% 0.00%
Not Hispanic or Latino 1,337 75.50% 9.20%

Occupations

In this section we can look at the most common occupations in Princeton Junction CDP as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in Princeton Junction CDP is 1,228, with median earnings of $101,286.00.

Women in Princeton Junction CDP, New Jersey earning approximately 54.50% of the men's earnings.

Population Earnings
Total 1,228 $101,286.00
Male 669 $135,972.00
Female 559 $74,094.00

Occupations by Category

In the table below, we can break down the population and earnings even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 361 $132,434.00
Business and Financial 152 $120,139.00
Computer and Mathematical 83 $158,125.00
Architecture and Engineering 31 $0.00
Life, Physical, and Social Science 11 $0.00
Community and Social Service 60 $52,083.00
Legal 40 $236,136.00
Educational and Library 137 $77,303.00
Arts, Design, Entertainment, Sports, and Media 15 $0.00
Healthcare Practitioners 49 $0.00
Healthcare Support 33 $0.00
Firefighters and Protective Service 18 $0.00
Law Enforcement 0 $0.00
Food Preparation and Serving 33 $0.00
Building and Grounds Cleaning 0 $0.00
Personal Care and Service 0 $0.00
Sales 119 $76,776.00
Office and Administrative Support 58 $61,638.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 0 $0.00
Installation, Maintenance, and Repair 0 $0.00
Production 1 $0.00
Transportation and Material Moving 27 $0.00

Occupations by Gender

The table below shows the same occupations from the list above, but we have split them by male and female to see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 232 $240,694.00 129 $64,922.00
Business and Financial 77 $222,847.00 75 $74,844.00
Computer and Mathematical 75 $158,681.00 8 $0.00
Architecture and Engineering 31 $0.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 11 $0.00
Community and Social Service 0 $0.00 60 $52,083.00
Legal 11 $0.00 29 $0.00
Educational and Library 46 $0.00 91 $66,845.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00 15 $0.00
Healthcare Practitioners 0 $0.00 49 $0.00
Healthcare Support 14 $0.00 19 $0.00
Firefighters and Protective Service 0 $0.00 18 $0.00
Law Enforcement 0 $0.00 0 $0.00
Food Preparation and Serving 17 $0.00 16 $0.00
Building and Grounds Cleaning 0 $0.00 0 $0.00
Personal Care and Service 0 $0.00 0 $0.00
Sales 119 $76,776.00 0 $0.00
Office and Administrative Support 19 $0.00 39 $0.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 0 $0.00 0 $0.00
Installation, Maintenance, and Repair 0 $0.00 0 $0.00
Production 1 $0.00 0 $0.00
Transportation and Material Moving 27 $0.00 0 $0.00

Households and Family Size

A household defined bu the US Census Bureau is a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 936 households in Princeton Junction CDP, with an average household size of 2.35 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 714 families in Princeton Junction CDP with an average family size of 2.74 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each.

Married Male Female Nonfamily
Total Households 667 33 14 222
Average Household Size 2.71 3.45 2.57 1.07
Total Families 667 33 14 0
Average Household Size 2.71 3.45 2.57 0

Poverty

Of the 714 families in Princeton Junction CDP, 1.50% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in Princeton Junction CDP:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 1,072 housing units in Princeton Junction CDP, New Jersey.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 936 87.31%
Vacant 136 12.69%

19.78% of the total 1,072 housing units in Princeton Junction CDP are rental units. This is approximately 212 properties.

For owner-occupied housing units, a total of 724 are occupied by the owner - or 67.54% of the total.

Rental Rates

The median rent for a property in Princeton Junction CDP is $1,040.00.

In the chart below, we can look at the number of rental properties in Princeton Junction CDP that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    0
  • Less than $500
    62
  • $500 to $999
    39
  • $1,000 to $1,499
    44
  • $1,500 to $1,999
    14
  • $2,000 to $2,499
    20
  • $2,500 to $2,999
    33
  • $3,000 or more
    0

Property Value

The median value of a property in Princeton Junction CDP is $574,100.00.

Just like with rental rates, we can look at the number of properties in Princeton Junction CDP that fall into a particular value range.

  • Less than $50,000
    14
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    0
  • $200,000 to $299,999
    0
  • $300,000 to $499,999
    219
  • $500,000 to $999,999
    491
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in Princeton Junction CDP. The chart below shows the number of properties in Princeton Junction CDP that fall into a particular age range.

  • 1939 or earlier
    208
  • 1940 to 1949
    9
  • 1950 to 1959
    195
  • 1960 to 1969
    60
  • 1970 to 1979
    248
  • 1980 to 1989
    177
  • 1990 to 1999
    99
  • 2000 to 2009
    33
  • 2010 to 2013
    43
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in Princeton Junction CDP that have a particular number of vehicles available.

  • No vehicles available
    50
  • 1 vehicle available
    322
  • 2 vehicles available
    371
  • 3 or more vehicles available
    193

Commuting to Work

In this section, we can also look at how people in Princeton Junction CDP get to work. The chart below shows the number of people in Princeton Junction CDP that commute to work in a particular way.

35.9 minutes is the average travel time to work for people in Princeton Junction CDP.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    0
  • 5 to 9 minutes
    115
  • 10 to 14 minutes
    120
  • 15 to 19 minutes
    101
  • 20 to 24 minutes
    64
  • 25 to 29 minutes
    29
  • 30 to 34 minutes
    73
  • 35 to 39 minutes
    73
  • 40 to 44 minutes
    52
  • 45 to 59 minutes
    24
  • 60 to 89 minutes
    88
  • 90 or more minutes
    124

Summary

We've covered a LOT of demographic and population data for Princeton Junction CDP, New Jersey in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.