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

43.5% (±15.8 points) of renting households in Princeton, KY spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

22.4% spend 35% or more.

The median renting household spends 27.8% of its income on rent.

Figures last updated on .

Paying 30% or more
43.5% (±15.8 points)
Paying 35% or more
22.4% (±11.3 points)
Median share of income
27.8% (±4.5 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 rentPrincetonCaldwell CountyKentuckyUnited States
Less than 15%21.9% (±11.4 points)21.2%16.6%12.6%
15% to 19.9%12.8% (±8.6 points)20.0%13.5%12.2%
20% to 24.9%7.2% (±6.0 points)5.8%12.7%12.6%
25% to 29.9%14.6% (±8.2 points)11.8%11.8%11.5%
30% to 34.9%21.1% (±11.1 points)17.2%8.8%9.2%
35% or more22.4% (±11.3 points)24.0%36.6%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 Caldwell County, its state and the nation

Estimate (90% margin of error)
PrincetonCaldwell CountyKentuckyUnited States
Paying 30% or more43.5% (±15.8 points)41.2% (±14.3 points)45.4% (±0.6 points)51.1%
Paying 35% or more22.4% (±11.3 points)24.0% (±10.9 points)36.6% (±0.5 points)41.9%
Median share of income27.8% (±4.5 points)26.3% (±6.5 points)28.1% (±0.3 points)30.6%
Median renter household income$31,372 (±$10,037)$33,821 (±$9,580)$39,858 (±$584)$52,966
Median gross rent$762 (±$78)$767 (±$51)$967 (±$5)$1,413

In Princeton, the share of renters paying 30% or more of income is not measurably different from Caldwell County (41.2%).

It is not measurably different from Kentucky (45.4%).

It is not measurably different from the national figure (51.1%).

Statewide, it ranks 215 of 425.

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—43.5% (±15.8 points)—
Eddyville11 mi31.9% (±12.9 points)Not measurably different
Dawson Springs12 mi68.5% (±25.2 points)Not measurably different
Fredonia12 mi33.3% (±119.9 points)Not measurably different
Kuttawa13 mi75.7% (±33.4 points)Not measurably different
Cadiz17 mi45.1% (±17.7 points)Not measurably different
Marion19 mi15.1% (±13.0 points)Lower
St. Charles19 mi46.2% (±102.2 points)Not measurably different
Grand Rivers20 mi47.3% (±32.8 points)Not measurably different

Nearby places with a measurably lower figure: Marion, KY (15.1%).

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

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?

43.5% 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, KY spends 27.8% (±4.5 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 city, Kentucky (place:63138, in state:21).

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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