Princeton, FL Economy


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Princeton, FL is a small town located in Collier County. It is home to a variety of businesses, such as Smart City Networks, All-States Plumbing Inc., and D&W Construction Inc. In addition to these businesses, Princeton is known for its stunning views of the Gulf of Mexico, outdoor activities like fishing and camping, and great restaurants such as El Patron Mexican Restaurant and Bar. The median rent for two bedrooms in Princeton is $1,810 which is slightly higher than the national average at $1,430. The grocery cost index in Princeton is 106 compared to the US average of 100 making it slightly more expensive than other areas. All in all, Princeton is an excellent place to live with plenty of local amenities and recreation opportunities that will keep you entertained year round.

Princeton has an unemployment rate of 8.2%. The US average is 6.0%.

Princeton has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Princeton
- The Sales Tax Rate for Princeton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Princeton is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Princeton
- The average income of a Princeton resident is $17,090 a year. The US average is $28,555 a year.
- The Median household income of a Princeton resident is $71,040 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrinceton, FloridaUnited States
  8.26
  -11.1%-6.2%
  38.0%33.5%
  7.0%6.2%
  0.0%4.6%
  $25,579$37,638
  $71,040$69,021
  $71,923$85,028
  Population by Occupation
  1.0%1.2%
  0.4%0.5%
  10.8%6.8%
  3.5%10.0%
  1.7%2.5%
  13.9%11.0%
  7.5%4.8%
  0.5%0.8%
  1.6%1.9%
  5.3%4.7%
  1.3%1.9%
  4.1%7.6%
  0.0%0.1%
  3.6%4.2%
  5.8%9.3%
  16.6%14.0%
  1.5%2.1%
  5.6%7.0%
  7.7%4.8%
  7.7%4.7%
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