Princeton
Princeton city, Illinois
Princeton, Illinois, is a hidden gem for those seeking a tranquil and affordable lifestyle. With a population of just over 7,700, this charming town offers a close-knit community feel, a slower pace of life, and incredible affordability. The median home value here is a remarkable $136,400, a far cry from the national average, making homeownership a realistic dream for many. You'll find a welcoming atmosphere where neighbors know each other and community events are a regular occurrence, perfect for those looking to escape the hustle and bustle of city life without sacrificing access to essential amenities. Princeton offers a refreshing alternative, where you can stretch your budget and enjoy a quality of life that's increasingly rare.
From an investment perspective, Princeton presents a compelling opportunity. While the median household income of $55,926 is slightly below the national average, the exceptional affordability of housing means your dollar goes much further here. The town is known for its safety and walkability, which adds to its appeal, especially for families and retirees. The housing market is stable and offers a range of options, from charming historic homes to more modern builds. Princeton is ideal for first-time homebuyers, those seeking a peaceful retirement, or anyone looking to build equity in a market that offers significant value.
Princeton, Illinois at a Glance
Princeton is a city in Princeton city, Illinois with a population of approximately 7,749. The median home value is $136,400 and the median household income is $55,926. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $727 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$136,400
Median Income
$55,926
Population
7,749
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,749
- Median Age
- N/A
- Median Household Income
- $55,926
25% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 14.7%
19% above nat'l avg
- Median Home Value
- $136,400
52% below nat'l avg
- Median Rent
- $727
37% below nat'l avg
- Homeownership Rate
- 71.5%
8% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0ยข/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 6.2%
68% above nat'l avg
- Poverty Rate
- 14.7%
19% above nat'l avg
Political Landscape
โ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Princeton
Princeton Homestead Festival
A weekend festival featuring crafts, food, and entertainment.
Bureau County Fair
An annual agricultural fair with exhibits, rides, and entertainment.
Princeton's Farmer's Market
A weekly market offering fresh produce and local goods.
Christmas on Main Street
A festive holiday event with lights, shopping, and activities.
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