C

Princeton, NC

Source:

Affordability Score: 58/100

Population: 8,022 · 1 ZIP codes

The affordability dashboard for Princeton, NC aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 8,022 residents, then layers in county-level federal data to produce an overall grade of C (58/100). The headline inputs are median household income of $78,850, median home value of $221,700, median rent of $950 per month, and 20.6% 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 $1,750 per month (studio $1,524, 1BR $1,596, 3BR $2,196, 4BR $2,936). Department of Labor data lists infant center-based childcare at $11,255 per year, consuming 14% 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, NC include housing. Pressure points are education. Unemployment currently reads 3.3% and poverty 9.6% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B-
$78,850
Median household income
Education F
20.6%
Bachelor's degree or higher
Housing B
2.8x
Home value $221,700 vs income
Commute F
29 min
Average commute time
Rent C+
$1,750/mo
2BR fair market rent (27% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$11,255/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$78,850
▲ 27% vs national
Per Capita Income
$36,303
Unemployment Rate
3.3%
Poverty Rate
9.6%

Housing

Median Home Value
$221,700
▼ 19% vs national
Median Rent
$950/mo
Owner Occupied
68.1%
2BR Fair Market Rent
$1,750/mo
▲ 46% vs national

Fair Market Rents by Bedroom

Studio
$1,524
1BR
$1,596
2BR
$1,750
3BR
$2,196
4BR
$2,936

Safety

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

Education & Family

Bachelor's Degree+
20.6%
▼ 9 ppt vs national
High School+
44.6%
Median Age
37.0
Avg. Commute
29 min
▲ 3 min vs national

Childcare Costs

Infant (Center)
$11,255/yr
14% of income
Toddler (Center)
$9,762/yr
Preschool (Center)
$7,757/yr
School-Age (Center)
$4,461/yr

What This Means

Princeton, NC receives an overall affordability grade of C (58/100), aggregated from 1 ZIP codes with a total population of 8,022. This area performs well in housing. Challenges include education. 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, NC affordable?
Princeton, NC receives an overall affordability grade of C (58/100) based on Census, HUD, FBI, and DOL data. Median household income is $78,850. Median home value is $221,700.
What is the cost of living in Princeton?
Key cost metrics: Median rent $950/mo. 2BR fair market rent $1,750/mo. Infant childcare $11,255/yr. Median home value $221,700.
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 →