Princeton, IA Profile: Facts & Data

Princeton, Iowa - Basic Facts

The City of Princeton had a population of 986 as of July 1, 2021.

The primary coordinate point for Princeton is located at latitude 41.6748 and longitude -90.3404 in Scott County. The formal boundaries for the City of Princeton encompass a land area of 2.57 sq. miles and a water area of 0 sq. miles. Scott County is in the Central time zone (GMT -6). The elevation is 584 feet.

The City of Princeton has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Princeton is located within Township of Princeton, a minor civil division (MCD) of Scott County.

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Princeton, IA Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	986 (100%)
Population in Households	986 (100.0%)
Population in Families	800 (81.1%)
Population in Group Quarters¹	0
Population Density	383
Diversity Index²	16


INCOME
Median Household Income	$86,769
Average Household Income	$104,582
% of Income for Mortgage⁴	15%
Per Capita Income	$42,977
Wealth Index⁵	128

HOUSING
Total HU (Housing Units)	452 (100%)
Owner Occupied HU	349 (77.2%)
Renter Occupied HU	62 (13.7%)
Vacant Housing Units	41 ( 9.1%)
Median Home Value	$299,510
Average Home Value	$337,248
Housing Affordability Index³	178

HOUSEHOLDS
Total Households	411
Average Household Size	2.4
Family Households	284
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.96%	0.92%
Households	1.11%	0.95%
Families	1.07%	0.83%
Median Household Income		1.63%
Per Capita Income		2.44%
Owner Occupied HU		1.18%

GROWTH RATE / YEAR

2010-2021

2021-2026

Population

0.96%

0.92%

Households

1.11%

0.95%

Families

1.07%

0.83%

Median Household Income

1.63%

Per Capita Income

2.44%

Owner Occupied HU

1.18%

Princeton, IA - Peer Comparisons by Rank and Percentile

The table below compares Princeton to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 289	71st
Population Density	# 717	29th
Median Household Income	# 59	94th
Housing Affordability Index	# 306	30th
Per Capita Income	# 62	94th
Diversity Index	# 317	69th

Variable Description

Rank

Percentile

Total Population

# 289

71st

Population Density

# 717

29th

Median Household Income

# 59

94th

Housing Affordability Index

# 306

30th

Per Capita Income

# 62

94th

Diversity Index

# 317

69th

Iowa Census Data Comparison Tool

Princeton, IA Profile: Facts & Data

Princeton, Iowa - Basic Facts

Princeton, IA Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Princeton, IA - Peer Comparisons by Rank and Percentile

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