B-

Princeton, IL

Source:

Affordability Score: 67/100

Population: 11,281 · 1 ZIP codes

The affordability dashboard for Princeton, IL aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 11,281 residents, then layers in county-level federal data to produce an overall grade of B- (67/100). The headline inputs are median household income of $68,243, median home value of $152,900, median rent of $794 per month, and 28.5% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,035 per month (studio $714, 1BR $789, 3BR $1,278, 4BR $1,433). Department of Labor data lists infant center-based childcare at $10,773 per year, consuming 16% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Princeton, IL include housing, commute, rent. Unemployment currently reads 5.1% and poverty 11.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C
$68,243
Median household income
Education D
28.5%
Bachelor's degree or higher
Housing A
2.2x
Home value $152,900 vs income
Commute A-
18 min
Average commute time
Rent A-
$1,035/mo
2BR fair market rent (18% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$10,773/yr
Center-based infant care (16% of income)

Income & Employment

Median Income
$68,243
▲ 10% vs national
Per Capita Income
$41,434
Unemployment Rate
5.1%
Poverty Rate
11.9%

Housing

Median Home Value
$152,900
▼ 44% vs national
Median Rent
$794/mo
Owner Occupied
72.9%
2BR Fair Market Rent
$1,035/mo
▼ 14% vs national

Fair Market Rents by Bedroom

Studio
$714
1BR
$789
2BR
$1,035
3BR
$1,278
4BR
$1,433

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
28.5%
▼ 1 ppt vs national
High School+
59.5%
Median Age
46.8
Avg. Commute
18 min
▼ 8 min vs national

Childcare Costs

Infant (Center)
$10,773/yr
16% of income
Toddler (Center)
$9,447/yr
Preschool (Center)
$6,240/yr
School-Age (Center)

What This Means

Princeton, IL receives an overall affordability grade of B- (67/100), aggregated from 1 ZIP codes with a total population of 11,281. This area performs well in housing and commute and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Princeton, IL affordable?
Princeton, IL receives an overall affordability grade of B- (67/100) based on Census, HUD, FBI, and DOL data. Median household income is $68,243. Median home value is $152,900.
What is the cost of living in Princeton?
Key cost metrics: Median rent $794/mo. 2BR fair market rent $1,035/mo. Infant childcare $10,773/yr. Median home value $152,900.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →