Princeton, Minnesota 

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Population

4,784

+1.4% since 2020

Unemployment Rate

7.9%

Median Income

$35,753

Median Home Price

$322,900

Median Age

33.1

Comfort Index (Climate)

9.2 / 4.0

summer / winter


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Best Places to Live in Princeton, Minnesota

Living in Princeton, MN is an enjoyable experience. With a population of just over 4,000, it offers the perfect blend of small-town charm and big-city amenities. This quaint town is home to a variety of unique shops, restaurants, and attractions that provide plenty of opportunities for residents to explore and experience the area. The parks and trails offer plenty of outdoor activities like camping, fishing, golfing, and more. Additionally, Princeton is home to a vibrant downtown area with many historic buildings that have been preserved for generations to enjoy. The people here are friendly and welcoming and always happy to lend a helping hand. With its tight-knit community atmosphere, Princeton is truly a great place to call home! Regional-center complex/Capital city - Southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border.
Zip Codes: 55371
Cost of Living: -1.6% lower
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

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Princeton, Mn Housing Market
Least Expensive HomesHomes Over 2,000 Sq. Ft.
Most Expensive HomesHomes less than 10 yrs old
All Single Family Homes
Pros
Education
Attractive downtown
Attractive neighborhoods
Cons
Growth and sprawl
Cost of living
Harsh winters

What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area

The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


Highlights

ECONOMY
The unemployment rate in Princeton is 7.9% (U.S. avg. is 6.0%). Recent job growth is Positive. Princeton jobs have increased by 1.8%. More Economy

COST OF LIVING
Compared to the rest of the country, Princeton's cost of living is 1.6% lower than the U.S. average. More Cost of Living or Compare Princeton's Cost of Living

WEATHER & CLIMATE
August, July and June are the most pleasant months in Princeton, while January and December are the least comfortable months. Today's Weather | Climate Averages

VOTING
In the last Presidential election, Mille Lacs county remained overwhelmingly Republican, 67.8% to 30.0%. More Voting Stats

POPULATION
Princeton's population is 4,784 people. Since 2020, it has had a population growth of 1.4%. Learn More...

TRANSPORTATION
Average Commute time is 27.7 minutes. The National Average is 26.4 minutes. Learn More...

REAL ESTATE
The median home cost in Princeton is Real Estate: $322,900. Home appreciation the last 10 years has been 6.8%.

SCHOOLS
Princeton public schools spend $10,289 per student. The average school expenditure in the U.S. is $12,383. There are about 17.4 students per teacher in Princeton. More Education



Best Places to Live in Princeton Rankings


Housing Market in Princeton

It's a good time to buy in Princeton. Home Appreciation is up 6.8% in the last 12 months.
The median home price in Princeton is $322,900.
Real Estate: See Homes

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MAPS OF PRINCETON, MINNESOTA
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ZIP CODES IN PRINCETON, MINNESOTA
55371

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