Princeton, ID Economy


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Princeton, ID is a city located in Northern Idaho. It is an ideal destination for anyone looking to find a slower pace of life within close proximity of larger cities and towns. Apartments in the area are relatively affordable with two bedroom rentals costing around $1,040 per month. Grocery costs are also slightly lower than the US average at 101 percent compared to 100 percent respectively. The city is home to several local businesses such as Princeton Market, Princeton Inn, and Steelhead Cafe all of which serve tasty dishes and provide friendly services for the locals and tourists alike.

Princeton has an unemployment rate of 3.7%. The US average is 6.0%.

Princeton has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Princeton
- The Sales Tax Rate for Princeton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Princeton is 7.4%. 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 $40,332 a year. The US average is $37,638 a year.
- The Median household income of a Princeton resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrinceton, IdahoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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