What percentage of people rent in Princeton, NC?
50.3% (±11.8 points) of the occupied homes in Princeton, NC are rented (2020–2024 American Community Survey).
That is 334 renting households against 330 that own their home.
In Princeton, the share of households that rent went from 51.7% in 2015–2019 to 50.3% in 2020–2024 (−1.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 50.3% (±11.8 points)
- Renting households
- 334 (±136)
- Median renter income
- $32,022 (±$6,393)
Who rents and who owns in Princeton
| Princeton | Johnston County | North Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 50.3% (±11.8 points) | 23.9% (±1.4 points) | 33.4% (±0.2 points) | 34.8% |
| Renting households | 334 (±136) | 20,499 (±1,263) | 1,428,852 (±8,279) | 45,017,354 |
| Owning households | 330 (±98) | 65,092 (±1,328) | 2,853,493 (±14,473) | 84,210,142 |
| Average renter household size | 2.4 (±1.2) | 2.5 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.4) | 2.8 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $32,022 (±$6,393) | $49,305 (±$5,124) | $48,010 (±$418) | $52,966 |
| Median owner household income | $88,182 (±$22,091) | $98,880 (±$4,108) | $88,911 (±$521) | $100,009 |
In Princeton, the renter share is higher than in Johnston County (23.9%).
It is also higher than in North Carolina (33.4%).
It is higher than the national figure (34.8%).
In Johnston County, Princeton ranks 2 of 11 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 88 of 663.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 51.7% (±8.8 points) | 50.3% (±11.8 points) | −1.4 percentage points | Not a measurable change |
| Median gross rent | $734 (±$138) | $690 (±$132) | −6.0% | No measurable change after inflation |
| Median household income | $24,917 (±$8,376) | $45,500 (±$25,915) | +82.6% | 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Princeton | — | 50.3% (±11.8 points) | — |
| Pine Level | 5.5 mi | 19.2% (±6.4 points) | Lower |
| Micro | 7.0 mi | 33.8% (±17.8 points) | Not measurably different |
| Selma | 8.9 mi | 56.9% (±9.4 points) | Not measurably different |
| Kenly | 9.5 mi | 45.8% (±12.0 points) | Not measurably different |
| Pikeville | 10 mi | 40.6% (±16.1 points) | Not measurably different |
| Mar-Mac | 11 mi | 20.7% (±9.0 points) | Lower |
| Smithfield | 11 mi | 41.3% (±8.1 points) | Not measurably different |
| Fremont | 12 mi | 43.4% (±13.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Pine Level, NC (19.2%), Mar-Mac, NC (20.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Johnston County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Selma | 56.9% (±9.4 points) |
| 2 | Princeton | 50.3% (±11.8 points) |
| 3 | Four Oaks | 49.9% (±14.2 points) |
| 4 | Kenly | 45.8% (±12.0 points) |
| 5 | Benson | 45.4% (±11.2 points) |
| 6 | Smithfield | 41.3% (±8.1 points) |
| 7 | Clayton | 37.3% (±4.4 points) |
| 8 | Micro | 33.8% (±17.8 points) |
Showing 8 of 11 places in Johnston County, ranked from highest to lowest.
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
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Princeton, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Princeton beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Princeton, and send estimates and invoices from your phone.
Questions about Princeton
How many renters are there in Princeton?
Princeton has an estimated 334 (±136) renting households, 50.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Princeton?
In Princeton, the share of households that rent went from 51.7% in 2015–2019 to 50.3% in 2020–2024 (−1.4 percentage points), not a measurable change.
How big are renting households in Princeton?
A renting household in Princeton has 2.4 people on average, against 2.6 in an owned home.
How much do renters earn in Princeton?
The median renting household in Princeton, NC has an income of $32,022 (±$6,393) a year, against $88,182 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princeton town, North Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Princeton town, North Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Princeton town, North Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Princeton town, North Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Princeton town, North Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 town, North Carolina (place:53820, in state:37).
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.
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 .
Related
- Housing in Princeton at a glance
- Median rent in Princeton
- Rent by bedrooms in Princeton
- Home values in Princeton
- Homeowner costs in Princeton
- Property taxes in Princeton
- Types of homes in Princeton
- Bedrooms in Princeton
- Age of homes in Princeton
- Heating fuel in Princeton
- Commute and cars in Princeton
- Population growth in Princeton
- How long people stay in Princeton
- North Carolina landlord and tenant rules
- Housing across Johnston County
- North Carolina places ranked by share of renters
- Housing data for every place in North Carolina