2025 Compare Cities Economy:
Princeton, WV vs Lake Placid, FL

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Highlights
- Household income in Lake Placid, is 5% more than it is in Princeton and is 66% below the National Average.
- Princeton unemployment rate is 7.0%.
- Lake Placid unemployment rate is 6.2%.
 Princeton, WVLake Placid, FLUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth17.9%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$22,361  Unlock$37,638
 Household Income  Unlock$41,610$69,021
 Family Median Income$47,278  Unlock$85,028
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 Est. Households By Income
 Princeton, WVLake Placid, FLUnited States
 Income Less Than 15K  Unlock15.4%9.4%
 Income between 15K and 20K9.2%  Unlock3.8%
 Income between 20K and 30K  Unlock21.9%8.1%
 Income between 30K and 40K15.9%  Unlock8.0%
 Income between 40K and 50K  Unlock21.2%7.6%
 Income between 50K and 60K7.8%  Unlock7.2%
 Income between 60K and 75K  Unlock5.4%9.6%
 Income between 75K and 100K10.6%  Unlock12.8%
 Income between 100K and 150K  Unlock11.5%16.3%
 Income between 150K and 200K0.7%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Princeton, WVLake Placid, FLUnited States
 Management, business, finance14.6%  Unlock16.4%
 Engineering, computers, science  Unlock6.0%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library5.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology8.2%  Unlock6.2%
 Healthcare support  Unlock0.0%3.3%
 Firefighters, law enforcement1.2%  Unlock2.1%
 Food preparation, serving  Unlock5.6%5.4%
 Building maintenance3.5%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock5.8%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock12.8%13.1%
Reviews for Princeton    4 Reviews

I have never lived or heard of an area in this country that complains about the woes of their economy but nearly do anything to stop small businesses from developing and  More

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Over 9 years ago

west Virginia is a very beautiful place to live as well as visiting. through out the seasons u will see a wide variety of changing, especially through out the months of  More

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Over 16 years ago

Please tell me  More

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Reviews for Lake Placid    4 Reviews

So, I bought a house in Lake Placid about 7 months ago and so far I love it. Real Estate is very reasonable and plenty of properties to pick from. Seems like prices  More

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Your site states it is not a good time to buy a home in Lake Placid because home prices are down. Wouldn't that be the perfect time to  More

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Over 10 years ago

South Florida definitely has the best weather but that comes with a price. I'm retiring to the wide open spaces of Lake Placid. Cost of living is lower and home prices,  More

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