Princeton, NC (zip code 27569) is a small town located in Johnston County. It has a population of around 1,639 people. The median rent for a two bedroom apartment in Princeton is $1,120, which is substantially lower than the average 2 bedroom rent price of $1,430 in the United States. Grocery costs are also relatively low when compared to other places in the country with an index rating of 95 versus 100 nationally.
The local economy of Princeton centers on agriculture and farming. Major employers in the area include Weather Shield Manufacturing Co., Southern Packaging Inc., M&S Poultry Processing Inc., and Spring Lake Farms LLC. Residents can also find jobs at companies such as Blackmon Auto Parts & Sales, Locklear Roofing Co Inc., Carolina Packaging Corporation, Metal Designers & Fabricators Inc., and Osprey Technology Solutions LLC. There are plenty of opportunities to find employment within the town or a short drive away.
Princeton (zip 27569) has an unemployment rate of 4.1%. The US average is 6.0%.
Princeton (zip 27569) has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.
Tax Rates for Princeton (zip 27569)
- The Sales Tax Rate for Princeton (zip 27569) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 27569) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Princeton (zip 27569)
- The average income of a Princeton (zip 27569) resident is $18,193 a year. The US average is $28,555 a year.
- The Median household income of a Princeton (zip 27569) resident is $63,295 a year. The US average is $69,021 a year.