What percentage of people rent in Princeton Junction, NJ?

18.0% (±7.7 points) of the occupied homes in Princeton Junction, NJ are rented (2020–2024 American Community Survey).

That is 143 renting households against 652 that own their home.

In Princeton Junction, the share of households that rent went from 18.4% in 2015–2019 to 18.0% in 2020–2024 (−0.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
18.0% (±7.7 points)
Renting households
143 (±63)
Median renter income
$72,917 (±$67,399)

Who rents and who owns in Princeton Junction

Tenure, estimate (90% margin of error)
Princeton JunctionMercer CountyNew JerseyUnited States
Renter-occupied share18.0% (±7.7 points)37.8% (±1.2 points)36.2% (±0.2 points)34.8%
Renting households143 (±63)54,545 (±1,760)1,268,573 (±8,082)45,017,354
Owning households652 (±161)89,569 (±1,662)2,239,128 (±10,678)84,210,142
Average renter household size1.6 (±0.3)2.3 (±0.1)2.4 (±0.0)2.3
Average owner household size2.7 (±0.5)2.7 (±0.0)2.8 (±0.0)2.6
Median renter household income$72,917 (±$67,399)$61,039 (±$3,997)$62,674 (±$718)$52,966
Median owner household income$250,000 or more$131,963 (±$3,408)$133,477 (±$624)$100,009

In Princeton Junction, the renter share is lower than in Mercer County (37.8%).

It is also lower than in New Jersey (36.2%).

It is lower than the national figure (34.8%).

In Mercer County, Princeton Junction ranks 7 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 111 of 252.

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

How renting in Princeton Junction has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.4% (±7.7 points)18.0% (±7.7 points)−0.4 percentage pointsNot a measurable change
Median gross rent$1,048 (±$757)$1,661 (±$1,218)+58.5%No measurable change after inflation
Median household income$231,094 (±$29,402)$224,732 (±$105,844)−2.8%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 Junction

Nearest places with a published estimate, compared with Princeton Junction
PlaceDistanceHouseholds that rentCompared with this place
Princeton Junction—18.0% (±7.7 points)—
Plainsboro Center1.7 mi65.6% (±10.3 points)Higher
Plainsboro Township2.4 mi52.3% (±3.7 points)Higher
Princeton Meadows3.1 mi62.4% (±5.1 points)Higher
Princeton3.4 mi44.6% (±3.9 points)Higher
Kingston4.0 mi34.2% (±15.2 points)Not measurably different
Monmouth Junction5.0 mi35.9% (±4.6 points)Higher
Heathcote5.2 mi20.8% (±6.6 points)Not measurably different
Cranbury5.4 mi22.8% (±8.5 points)Not measurably different

Nearby places with a measurably higher figure: Plainsboro Center, NJ (65.6%), Plainsboro Township, NJ (52.3%), Princeton Meadows, NJ (62.4%).

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

Households that rent across Mercer County, place by place

RankPlaceHouseholds that rent
1The College of New Jersey100.0% (±21.0 points)
2Twin Rivers31.1% (±8.8 points)
3Robbinsville Center25.8% (±9.7 points)
4Yardville20.4% (±4.6 points)
5Lawrenceville20.2% (±8.0 points)
6Groveville19.5% (±10.6 points)
7Princeton Junction18.0% (±7.7 points)
8Mercerville15.3% (±3.3 points)
9White Horse11.0% (±3.8 points)
10Hamilton Square4.4% (±2.3 points)

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

It lies inside West Windsor Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Princeton Junction

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Questions about Princeton Junction

How many renters are there in Princeton Junction?

Princeton Junction has an estimated 143 (±63) renting households, 18.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Princeton Junction?

In Princeton Junction, the share of households that rent went from 18.4% in 2015–2019 to 18.0% in 2020–2024 (−0.4 percentage points), not a measurable change.

How big are renting households in Princeton Junction?

A renting household in Princeton Junction has 1.6 people on average, against 2.7 in an owned home.

How much do renters earn in Princeton Junction?

The median renting household in Princeton Junction, NJ has an income of $72,917 (±$67,399) a year, against $250,000 or more 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 Junction CDP, New Jersey (place:60960, in state:34).

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.

Figures last updated on .

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