Housing data for Princeton, TX
Princeton, TX has an estimated 25,229 residents and 8,130 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Collin County.
24.3% of households rent.
The median gross rent is $2,239 a month.
Its population grew measurably since 2015–2019 (+132.6%).
Figures last updated on .
- Residents
- 25,229 (±52)
- Housing units
- 8,130 (±403)
- Households that rent
- 24.3%
- Median gross rent
- $2,239
- Residents since 2015–2019
- +132.6%
What stands out in Princeton
Homes in buildings of 5 or more units: 4.7% (±2.4 points) in Princeton, lower than in Collin County (25.2%).
Working from home: 14.5% (±3.1 points) in Princeton, lower than in Collin County (27.5%).
Median home value: $331,000 (±$12,213) in Princeton, lower than in Collin County ($475,600).
Households that rent: 24.3% (±4.2 points) in Princeton, lower than in Collin County (35.5%).
- Types of homes in Princeton
- Commute and cars in Princeton
- Home values in Princeton
- Renters and owners in Princeton
Housing in Princeton at a glance
- Median rent: $2,239 median gross rent a month
- Rent by bedrooms: $1,331 median gross rent, 2 bedrooms
- Rent burden: 41.8% of renters pay 30% or more of income
- Renters and owners: 24.3% of households rent
- Income and affordability: $105,200 median household income
- Home values: $331,000 median home value
- Homeowner costs: $2,279 median monthly cost with a mortgage
- Property taxes: $5,326 median real estate taxes a year
- Types of homes: 4.7% of homes are in buildings of 5 or more units
- Bedrooms: 89.1% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 10.2% of homes were built before 1980
- Vacancy rate: 7.1% rental vacancy rate
- Heating fuel: 64.1% heat with electricity
- Commute and cars: 32.2 minutes average trip to work
- Crime reported to police: 256 violent crimes per 100,000 residents
- Growth: +132.6% residents since 2015–2019
- How long people stay: 42.7% moved in since 2020
- Crowding and facilities: 6.0% of homes have more than 1 person per room
Princeton against Collin County, its state and the nation
| Princeton | Collin County | Texas | United States | |
|---|---|---|---|---|
| Residents | 25,229 (±52) | 1,163,337 (exact) | 30,188,424 (exact) | 334,922,499 |
| Housing units | 8,130 (±403) | 437,396 (±144) | 12,128,515 (±1,574) | 143,775,355 |
| Households that rent | 24.3% (±4.2 points) | 35.5% (±0.5 points) | 37.4% (±0.2 points) | 34.8% |
| Median gross rent | $2,239 (±$144) | $1,859 (±$15) | $1,403 (±$4) | $1,413 |
| Median household income | $105,200 (±$9,799) | $121,600 (±$1,883) | $78,476 (±$263) | $80,734 |
| Median home value | $331,000 (±$12,213) | $475,600 (±$3,261) | $283,800 (±$738) | $332,700 |
| Median real estate taxes (a year) | $5,326 (±$372) | $7,521 (±$90) | $4,232 (±$19) | $3,119 |
| Built before 1980 | 10.2% (±4.7 points) | 10.3% (±0.4 points) | 33.2% (±0.2 points) | 49.7% |
| Average commute | 32.2 minutes (±2.3) | 28.2 minutes (±0.4) | 26.7 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.1% (±2.5 points) | 96.5% (±0.3 points) | 91.4% (±0.1 points) | 91.0% |
| Median age of residents | 32.4 years (±1.3) | 37.3 years (±0.1) | 35.6 years (±0.1) | 38.9 years |
Princeton covers 14.1 square miles of land, about 1,787 residents per square mile (Census Bureau Gazetteer).
How Princeton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 10,846 (±27) | 25,229 (±52) | +132.6% | Measurable increase |
| Housing units | 3,878 (±357) | 8,130 (±403) | +109.6% | Measurable increase |
| Median gross rent | $1,324 (±$95) | $2,239 (±$144) | +69.1% | Up after inflation |
| Median home value | $185,200 (±$11,517) | $331,000 (±$12,213) | +78.7% | Up after inflation |
| Median household income | $67,204 (±$5,519) | $105,200 (±$9,799) | +56.5% | Up after inflation |
| Median owner cost with a mortgage | $1,458 (±$60) | $2,279 (±$111) | +56.3% | Up after inflation |
| Median real estate taxes | $3,468 (±$308) | $5,326 (±$372) | +53.6% | Up after inflation |
| Households that rent | 32.9% (±5.7 points) | 24.3% (±4.2 points) | −8.6 percentage points | Measurable decrease |
| Rental vacancy rate | 13.2% (±9.8 points) | 7.1% (±6.6 points) | −6.1 percentage points | Not a measurable change |
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.
Crime reported to police in Princeton
In 2025, the Princeton Police Department reported 256 violent and 815 property crimes per 100,000 residents to the FBI.
ZIP codes in Princeton
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 75407 | 20% | 34,171 | $2,126 | $329,000 | $100,037 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Princeton
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lowry Crossing | 2.3 mi | $1,208 | $396,900 | 2.7% |
| New Hope | 3.4 mi | $1,827 | $422,800 | 30.0% |
| Fairview | 6.7 mi | $1,947 | $597,300 | 26.1% |
| Lucas | 7.1 mi | — | $941,900 | 7.7% |
| Melissa | 7.7 mi | $2,532 | $454,000 | 11.3% |
| Seis Lagos | 8.5 mi | — | $753,600 | 0.0% |
| Farmersville | 8.8 mi | $1,236 | $289,400 | 29.5% |
| McKinney | 9.0 mi | $1,901 | $471,800 | 36.2% |
Places in Texas most like Princeton
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Anna | $2,105 | $351,700 | $105,593 | 21.5% |
| Wylie | $2,189 | $387,000 | $119,522 | 22.6% |
| Krum | $1,974 | $336,500 | $124,405 | 24.2% |
| Aubrey | $1,882 | $345,000 | $101,574 | 24.0% |
| Hornsby Bend | $2,147 | $314,900 | $89,614 | 26.6% |
| Hutto | $2,255 | $365,700 | $118,834 | 20.4% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Texas.
HUD Fair Market Rent for Princeton, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,491 | $1,536 | $1,807 | $2,275 | $2,892 |
HUD income limits for Princeton, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,450 | $42,400 | $67,850 |
| 2 people | $29,100 | $48,450 | $77,550 |
| 3 people | $32,750 | $54,500 | $87,250 |
| 4 people | $36,350 | $60,550 | $96,900 |
| 5 people | $39,300 | $65,400 | $104,700 |
| 6 people | $44,360 | $70,250 | $112,450 |
| 7 people | $50,040 | $75,100 | $120,200 |
| 8 people | $55,720 | $79,950 | $127,950 |
These are the limits HUD sets for its housing programs in the Dallas, TX HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,100.
A program can use its own limits; tax-credit and local programs often do.
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
What is the average rent in Princeton, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Princeton is $2,239 (±$144) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a two-bedroom apartment in Princeton?
The median gross rent for a two-bedroom home in Princeton, TX is $1,331 (±$373) a month (2020–2024 American Community Survey).
Are renters in Princeton rent-burdened?
41.8% 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).
How many renters are there in Princeton?
Princeton has an estimated 1,912 (±345) renting households, 24.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Princeton?
The median household income in Princeton is $105,200 (±$9,799) a year (2020–2024 American Community Survey).
What is the average home value in Princeton, TX?
The Census Bureau publishes the median: $331,000 (±$12,213) for owner-occupied homes in Princeton (2020–2024 American Community Survey).
Is Princeton growing?
In Princeton, the number of residents went from 10,846 in 2015–2019 to 25,229 in 2020–2024 (+132.6%), a measurable increase.
What ZIP codes are in Princeton?
The ZIP code that covers Princeton is 75407.
What is the median rent in ZIP code 75407?
The median gross rent in ZIP Code Tabulation Area 75407 is $2,126 (±$121) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Princeton city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Princeton city, Texas
- HUD Fair Market Rents, fiscal year 2027: Dallas, TX HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Dallas, TX HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Princeton Police Department (ORI TX0430900)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Princeton city, Texas (place:59576, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .