Princeton (zip 08540), New Jersey
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Zip Code Overview
As of 2009, Princeton (zip 08540)'s population is 47,158 people. Since 2000, it has had a population growth of 8.13 percent.
The median home cost in Princeton (zip 08540) is $574,720. Home appreciation the last year has been -10.20 percent.
Compared to the rest of the country, Princeton (zip 08540)'s cost of living is 48.49% Higher than the U.S. average.
Princeton (zip 08540) public schools spend $10,937 per student. The average school expenditure in the U.S. is $6,058. There are about 14 students per teacher in Princeton (zip 08540).
The unemployment rate in Princeton (zip 08540) is 7.60 percent(U.S. avg. is 8.50%). Recent job growth is Negative. Princeton (zip 08540) jobs have Decreased by 2.00 percent.
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People
The 2009 Princeton (zip 08540), NJ, population is 47,158. There are 896 people per square mile (population density).
Family in Princeton (zip 08540), NJ
The median age is 34.8. The US median is 37.6. 67.80% of people in Princeton (zip 08540), NJ, are married. 5.93% are divorced.
The average household size is 2.53 people. 27.92% of people are married, with children. 4.63% have children, but are single.
Race in Princeton (zip 08540), NJ
75.80% of people are white, 5.26% are black, 14.29% are asian, 0.15% are native american, and 4.25% claim 'Other'.
5.35% of the people in Princeton (zip 08540), NJ, claim hispanic ethnicity (meaning 94.65% are non-hispanic).
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Health
There are 320 physicians per 100,000 population in Princeton (zip 08540), NJ. The US average is 170.
Princeton (zip 08540), NJ Health Index
Air quality in Princeton (zip 08540), NJ is 33 on a scale to 100 (higher is better). This is based on ozone alert days and number of pollutants in the air, as reported by the EPA.
Water quality in Princeton (zip 08540), NJ is 27 on a scale to 100 (higher is better). The EPA has a complex method of measuring watershed quality using 15 indicators.
Superfund index is 29 on a scale to 100 (higher is better). This is upon the number and impact of EPA Superfund pollution sites in the county, including spending on the cleanup efforts.
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Economy
| Unemployment Rate | 7.60% | 8.50% |
| Recent Job Growth | -2.00% | -3.10% |
| Future Job Growth | 28.30% | 26.40% |
| Sales Taxes | 6.00% | 6.00% |
| Income Taxes | 2.45% | 5.02% |
| Income per Cap. | $51,833 | $24,020 |
| Household Income | $107,974 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.87% | 13.64% |
| Income between 15K and 25K | 4.21% | 11.21% |
| Income between 25K and 35K | 4.53% | 11.46% |
| Income between 35K and 50K | 8.38% | 15.84% |
| Income between 50K and 75K | 13.04% | 19.28% |
| Income between 75K and 100K | 11.00% | 11.53% |
| Income between 100K and 150K | 19.65% | 10.70% |
| Income between 150K and 250K | 18.16% | 4.43% |
| Income between 250K and 500K | 7.98% | 1.31% |
| Income greater than 500K | 7.17% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 24.60% | 13.61% |
| Professional and Related Occupations | 44.64% | 20.24% |
| Service | 8.57% | 14.75% |
| Sales and Office | 17.20% | 26.74% |
| Farming, Fishing, and Forestry | 0.11% | 0.74% |
| Construction, Extraction, and Maintenance | 1.87% | 9.48% |
| Production, Transportation, and Material Moving | 3.01% | 14.44% |
The unemployment rate in Princeton (zip 08540), NJ, is 7.60%, with job growth of -2.00%. Future job growth over the next ten years is predicted to be 28.30%.
Princeton (zip 08540), NJ Taxes
Princeton (zip 08540), NJ,sales tax rate is 6.00%. Income tax is 2.45%.
Princeton (zip 08540), NJ Income and Salaries
The income per capita is $51,833, which includes all adults and children. The median household income is $107,974.
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Housing
| Median Home Age | 28 | 27 |
| Median Home Cost | $574,720 | $202,300 |
| Home Appreciation | -10.20% | -4.60% |
| Homes Owned | 68.48% | 64.07% |
| Housing Vacant | 3.36% | 14.48% |
| Homes Rented | 27.49% | 21.45% |
| Property Tax Rate | $27.41 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 0.06% | 3.01% |
| $20,000 to $39,999 | 0.07% | 4.37% |
| $40,000 to $59,999 | 0.21% | 5.74% |
| $60,000 to $79,999 | 0.14% | 7.07% |
| $80,000 to $99,999 | 0.55% | 8.41% |
| $100,000 to $149,999 | 2.04% | 19.74% |
| $150,000 to $199,999 | 3.40% | 14.06% |
| $200,000 to $299,999 | 12.30% | 16.59% |
| $300,000 to $399,999 | 17.36% | 8.21% |
| $400,000 to $499,999 | 16.09% | 4.53% |
| $500,000 to $749,999 | 20.78% | 4.75% |
| $1,000,000 or more | 16.31% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 11.10% | 10.15% |
| 1995 to 1998 | 6.88% | 6.69% |
| 1990 to 1994 | 11.25% | 6.70% |
| 1980 to 1989 | 18.21% | 14.75% |
| 1970 to 1979 | 9.13% | 17.11% |
| 1960 to 1969 | 11.47% | 12.78% |
| 1950 to 1959 | 13.00% | 11.64% |
| 1940 to 1949 | 5.04% | 6.64% |
| 1939 or Earlier | 13.92% | 13.55% |
The median home value in Princeton (zip 08540), NJ, is $574,720. Home appreciation is -10.20% over the last year. The median age of Princeton (zip 08540), NJ, real estate is 28 years.
Princeton (zip 08540), NJ Apartments and Rentals
Renters make up 27.49% of the Princeton (zip 08540), NJ, population. 3.36% of houses and apartments in Princeton (zip 08540), NJ, are unoccupied (vacancy rate).
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Crime
Princeton (zip 08540), NJ, violent crime, on a scale from 1 (low crime) to 10, is 1. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Princeton (zip 08540), NJ, property crime, on a scale from 1 (low) to 10, is 3. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
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Climate
Princeton (zip 08540), NJ, gets 46 inches of rain per year. The US average is 37. Snowfall is 8 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 100.
On average, there are 205 sunny days per year in Princeton (zip 08540), NJ. The July high is around 86 degrees. The January low is 22. Our comfort index, which is based on humidity during the hot months, is a 46 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
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Education
Princeton (zip 08540), NJ, schools spend $10,937 per student. There are 14 pupils per teacher, 281 students per librarian, and 340 children per counselor in Princeton (zip 08540), NJ schools.
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Transportation
The average one-way commute in Princeton (zip 08540), NJ, takes 31 minutes. 64% of commuters drive their own car alone. 7% carpool with others. 8% take mass transit and 7% work from home.
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Cost of Living
Our cost of living indices are based on a US average of 100. An amount below 100 means Princeton (zip 08540), NJ is cheaper than the US average. A cost of living index above 100 means Princeton (zip 08540), NJ is more expensive.
Overall, Princeton (zip 08540), NJ cost of living is 148.49.
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Religion
| Percent Religious | 50.76% | 50.03% |
| Catholic | 31.16% | 21.92% |
| Protestant | 11.04% | 19.12% |
| LDS | 0.22% | 1.57% |
| Baptist | 2.18% | 8.16% |
| Episcopalian | 1.95% | 8.12% |
| Pentecostal | 0.86% | 1.89% |
| Lutheran | 1.43% | 2.81% |
| Methodist | 1.63% | 3.84% |
| Presbyterian | 2.99% | 1.33% |
| Other Christian | 2.36% | 4.66% |
| Jewish | 2.59% | 2.16% |
| Eastern | 0.06% | 0.05% |
| Islam | 3.33% | 0.54% |
50.76% of the people in Princeton (zip 08540), NJ are religious, meaning they affiliate with a religion. 31.16% are Catholic; 11.04% are Protestant; 0.22% are LDS; 2.36% are another Christian faith; 2.59% in Princeton (zip 08540), NJ are Jewish; 0.06% are an eastern faith; 3.33% affilitates with Islam.
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Voting
61.25% of the people in Princeton (zip 08540), NJ are registered as Democrats. 37.86% are registered Republican. Remaining are independent: 0.89%.
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