What percentage of people rent in Princeton, FL?

Name: Renters and owners in Princeton, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

30.7% (±4.7 points) of the occupied homes in Princeton, FL are rented (2020–2024 American Community Survey).

That is 3,813 renting households against 8,626 that own their home.

In Princeton, the share of households that rent went from 31.0% in 2015–2019 to 30.7% in 2020–2024 (−0.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 30.7% (±4.7 points)
Renting households: 3,813 (±657)
Median renter income: $51,740 (±$6,422)

Who rents and who owns in Princeton

Tenure, estimate (90% margin of error)
	Princeton	Miami-Dade County	Florida	United States
Renter-occupied share	30.7% (±4.7 points)	47.8% (±0.5 points)	32.4% (±0.2 points)	34.8%
Renting households	3,813 (±657)	465,971 (±5,269)	2,834,163 (±17,461)	45,017,354
Owning households	8,626 (±713)	509,440 (±5,300)	5,918,647 (±31,594)	84,210,142
Average renter household size	3.2 (±0.4)	2.6 (±0.0)	2.5 (±0.0)	2.3
Average owner household size	3.5 (±0.2)	2.9 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$51,740 (±$6,422)	$53,660 (±$1,055)	$53,617 (±$353)	$52,966
Median owner household income	$96,667 (±$11,084)	$94,956 (±$1,395)	$88,144 (±$469)	$100,009

In Princeton, the renter share is lower than in Miami-Dade County (47.8%).

It is not measurably different from Florida (32.4%).

It is not measurably different from the national figure (34.8%).

In Miami-Dade County, Princeton ranks 50 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 358 of 857.

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

How renting in Princeton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	31.0% (±4.2 points)	30.7% (±4.7 points)	−0.3 percentage points	Not a measurable change
Median gross rent	$1,468 (±$132)	$1,647 (±$165)	+12.2%	No measurable change after inflation
Median household income	$65,390 (±$5,225)	$83,426 (±$7,404)	+27.6%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Princeton

Nearest places with a published estimate, compared with Princeton
Place	Distance	Households that rent	Compared with this place
Princeton	—	30.7% (±4.7 points)	—
Goulds	1.6 mi	43.9% (±8.4 points)	Higher
Naranja	2.2 mi	75.5% (±4.5 points)	Higher
Homestead Base	3.3 mi	100.0% (±21.6 points)	Higher
South Miami Heights	3.4 mi	37.9% (±3.3 points)	Higher
Leisure City	4.0 mi	56.4% (±5.2 points)	Higher
Cutler Bay	4.7 mi	30.3% (±3.1 points)	Not measurably different
West Perrine	5.0 mi	46.3% (±8.3 points)	Higher
Richmond West	5.1 mi	16.2% (±3.2 points)	Lower

Nearby places with a measurably lower figure: Richmond West, FL (16.2%).

Nearby places with a measurably higher figure: Goulds, FL (43.9%), Naranja, FL (75.5%), Homestead Base, FL (100.0%).

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

Households that rent across Miami-Dade County, place by place

Rank	Place	Households that rent
44 (tie)	Ojus	34.8% (±5.9 points)
44 (tie)	Westchester	34.8% (±3.4 points)
46	Westview	34.5% (±8.7 points)
47	Medley	34.0% (±11.8 points)
48 (tie)	Key Biscayne	33.4% (±4.5 points)
48 (tie)	Three Lakes	33.4% (±5.0 points)
50	Princeton	30.7% (±4.7 points)
51	Cutler Bay	30.3% (±3.1 points)
52	Richmond Heights	29.1% (±9.2 points)
53	Kendale Lakes	29.0% (±3.4 points)
54	Tamiami	28.3% (±3.6 points)
55	The Crossings	27.4% (±4.0 points)
56	Surfside	26.0% (±8.6 points)

Showing 13 of 70 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Princeton

How many renters are there in Princeton?

Princeton has an estimated 3,813 (±657) renting households, 30.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Princeton?

In Princeton, the share of households that rent went from 31.0% in 2015–2019 to 30.7% in 2020–2024 (−0.3 percentage points), not a measurable change.

How big are renting households in Princeton?

A renting household in Princeton has 3.2 people on average, against 3.5 in an owned home.

How much do renters earn in Princeton?

The median renting household in Princeton, FL has an income of $51,740 (±$6,422) a year, against $96,667 for households that own their home.

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.