How many renters in Princeton, FL pay more than 30% of their income on rent?

63.4% (±10.9 points) of renting households in Princeton, FL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

60.0% spend 35% or more.

The median renting household spends 44.1% of its income on rent.

Figures last updated on .

Paying 30% or more
63.4% (±10.9 points)
Paying 35% or more
60.0% (±10.6 points)
Median share of income
44.1% (±8.0 points)

Rent as a share of income in Princeton

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentPrincetonMiami-Dade CountyFloridaUnited States
Less than 15%4.1% (±2.8 points)6.7%8.1%12.6%
15% to 19.9%8.7% (±6.2 points)8.2%9.3%12.2%
20% to 24.9%7.7% (±5.8 points)10.0%11.3%12.6%
25% to 29.9%16.1% (±8.3 points)10.7%11.3%11.5%
30% to 34.9%3.4% (±2.6 points)9.5%9.8%9.2%
35% or more60.0% (±10.6 points)55.0%50.2%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Princeton against Miami-Dade County, its state and the nation

Estimate (90% margin of error)
PrincetonMiami-Dade CountyFloridaUnited States
Paying 30% or more63.4% (±10.9 points)64.5% (±0.9 points)60.0% (±0.4 points)51.1%
Paying 35% or more60.0% (±10.6 points)55.0% (±0.8 points)50.2% (±0.4 points)41.9%
Median share of income44.1% (±8.0 points)38.2% (±0.6 points)35.2% (±0.3 points)30.6%
Median renter household income$51,740 (±$6,422)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median gross rent$1,647 (±$165)$1,829 (±$10)$1,669 (±$5)$1,413

In Princeton, the share of renters paying 30% or more of income is not measurably different from Miami-Dade County (64.5%).

It is not measurably different from Florida (60.0%).

It is higher than the national figure (51.1%).

In Miami-Dade County, Princeton ranks 48 of 67 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 309 of 843.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Princeton

Nearest places with a published estimate, compared with Princeton
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Princeton—63.4% (±10.9 points)—
Goulds1.6 mi68.8% (±21.0 points)Not measurably different
Naranja2.2 mi61.4% (±8.0 points)Not measurably different
Homestead Base3.3 mi95.4% (±32.7 points)Not measurably different
South Miami Heights3.4 mi63.4% (±8.2 points)Not measurably different
Leisure City4.0 mi68.2% (±8.9 points)Not measurably different
Cutler Bay4.7 mi63.7% (±10.3 points)Not measurably different
West Perrine5.0 mi58.3% (±12.9 points)Not measurably different
Richmond West5.1 mi73.2% (±18.7 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Miami-Dade County, place by place

RankPlaceRenters paying 30% or more of income
41 (tie)Homestead64.1% (±6.3 points)
43Sweetwater63.8% (±9.3 points)
44Cutler Bay63.7% (±10.3 points)
45 (tie)Country Club63.6% (±6.0 points)
45 (tie)Miami Springs63.6% (±11.6 points)
47Westchester63.5% (±6.4 points)
48 (tie)Princeton63.4% (±10.9 points)
48 (tie)South Miami Heights63.4% (±8.2 points)
50Miami62.9% (±1.5 points)
51Naranja61.4% (±8.0 points)
52North Bay Village61.3% (±13.2 points)
53Kendall60.7% (±5.7 points)
54Miami Beach60.5% (±4.1 points)

Showing 13 of 67 places in Miami-Dade County, ranked from highest to lowest.

Princeton is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Princeton

Are renters in Princeton rent-burdened?

63.4% of renting households in Princeton pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Princeton spend on rent?

The median renting household in Princeton, FL spends 44.1% (±8.0 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Princeton CDP, Florida (place:58975, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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