How many renters in Princeton, TX pay more than 30% of their income on rent?
41.8% (±14.5 points) of renting households in Princeton, TX spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
26.9% spend 35% or more.
The median renting household spends 26.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 41.8% (±14.5 points)
- Paying 35% or more
- 26.9% (±11.1 points)
- Median share of income
- 26.7% (±3.8 points)
Rent as a share of income in Princeton
| Share of income spent on rent | Princeton | Collin County | Texas | United States |
|---|---|---|---|---|
| Less than 15% | 7.0% (±5.9 points) | 11.8% | 11.2% | 12.6% |
| 15% to 19.9% | 11.9% (±8.1 points) | 13.3% | 12.3% | 12.2% |
| 20% to 24.9% | 26.7% (±9.8 points) | 14.7% | 13.2% | 12.6% |
| 25% to 29.9% | 12.6% (±8.2 points) | 12.7% | 11.6% | 11.5% |
| 30% to 34.9% | 14.9% (±9.3 points) | 10.1% | 9.4% | 9.2% |
| 35% or more | 26.9% (±11.1 points) | 37.4% | 42.3% | 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 Collin County, its state and the nation
| Princeton | Collin County | Texas | United States | |
|---|---|---|---|---|
| Paying 30% or more | 41.8% (±14.5 points) | 47.5% (±1.6 points) | 51.7% (±0.3 points) | 51.1% |
| Paying 35% or more | 26.9% (±11.1 points) | 37.4% (±1.4 points) | 42.3% (±0.3 points) | 41.9% |
| Median share of income | 26.7% (±3.8 points) | 29.0% (±0.5 points) | 30.9% (±0.2 points) | 30.6% |
| Median renter household income | $98,829 (±$10,696) | $77,455 (±$2,189) | $53,222 (±$285) | $52,966 |
| Median gross rent | $2,239 (±$144) | $1,859 (±$15) | $1,403 (±$4) | $1,413 |
In Princeton, the share of renters paying 30% or more of income is not measurably different from Collin County (47.5%).
It is not measurably different from Texas (51.7%).
It is not measurably different from the national figure (51.1%).
In Collin County, Princeton ranks 17 of 23 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 833 of 1,366.
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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Princeton | — | 41.8% (±14.5 points) | — |
| Lowry Crossing | 2.3 mi | 50.0% (±111.7 points) | Not measurably different |
| New Hope | 3.4 mi | 70.6% (±99.6 points) | Not measurably different |
| Fairview | 6.7 mi | 66.1% (±22.1 points) | Not measurably different |
| Lucas | 7.1 mi | 100.0% (±29.0 points) | Higher |
| Melissa | 7.7 mi | 53.9% (±18.4 points) | Not measurably different |
| Farmersville | 8.8 mi | 27.0% (±28.6 points) | Not measurably different |
| McKinney | 9.0 mi | 48.5% (±3.5 points) | Not measurably different |
| St. Paul | 9.8 mi | 0.0% (±141.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Lucas, TX (100.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Collin County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 11 | Lowry Crossing | 50.0% (±111.7 points) |
| 12 | McKinney | 48.5% (±3.5 points) |
| 13 | Frisco | 45.1% (±4.3 points) |
| 14 (tie) | Josephine | 43.5% (±32.4 points) |
| 14 (tie) | Plano | 43.5% (±2.2 points) |
| 16 | Prosper | 42.0% (±11.7 points) |
| 17 | Princeton | 41.8% (±14.5 points) |
| 18 | Blue Ridge | 38.6% (±30.5 points) |
| 19 | Farmersville | 27.0% (±28.6 points) |
| 20 | Lavon | 20.1% (±38.8 points) |
| 21 | Weston | 20.0% (±123.2 points) |
| 22 | Nevada | 16.7% (±90.4 points) |
| 23 | St. Paul | 0.0% (±141.4 points) |
Showing 13 of 23 places in Collin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
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
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).
What share of income do renters in Princeton spend on rent?
The median renting household in Princeton, TX spends 26.7% (±3.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Princeton city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Princeton city, Texas
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, Texas (place:59576, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free 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 .
Related
- Housing in Princeton at a glance
- Median rent in Princeton
- Rent by bedrooms in Princeton
- Renters and owners in Princeton
- Income and affordability in Princeton
- Home values in Princeton
- Homeowner costs in Princeton
- Property taxes in Princeton
- Types of homes in Princeton
- Age of homes in Princeton
- Vacancy rate in Princeton
- Heating fuel in Princeton
- Commute and cars in Princeton
- Crime reported to police in Princeton
- Population growth in Princeton
- How long people stay in Princeton
- Crowding and facilities in Princeton
- Texas landlord and tenant rules
- Housing across Collin County
- Texas places ranked by rent burden
- Housing data for every place in Texas