ZIP Code 08542
standardSource:
Princeton · Mercer County · New Jersey
- Population
- 5,189
- Median income
- $105,524
- Median home value
- $754,100
- Bachelor's or higher
- 70.7%
- Land area
- 1.3 sq mi
3,868/sq mi
▲ 38% vs US
higher than 84% of US ZIPs
▲ 171% vs US
higher than 95% of US ZIPs
Median age 37.2
New York
ZIP code 08542 in Princeton, New Jersey has a population of 5,189. The median household income is $105,524, which is 38% above the national average. Median home value is $754,100, 171% above the US average. 70.7% of residents hold a bachelor's degree or higher.
ZIP code 08542 is classified by USPS as a standard delivery area and covers roughly 1.3 square miles in Princeton, Mercer County, New Jersey. The area is home to 5,189 residents, producing a population density of 3,868 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 08542 against New Jersey and the nation.
On the economic side, the median household income for ZIP 08542 sits at $105,524 (13% below the New Jersey average), while per-capita income is $72,582. The poverty rate stands at 4.2% and the unemployment rate at 5.0%. On housing, the median home value is $754,100 (46% above the state average) with median rent at $2,497 per month, and 32.3% of occupied units are owner-occupied, a direct signal of whether 08542 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 70.7% of adults hold a bachelor's degree or higher, the median age is 37.2, and the average commute is —. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Mercer County, so you can benchmark 08542 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 08542
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 08542.
- Retail trade
Retail trade
63 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
63 establishments
- Accommodation and food services
Accommodation and food services
54 establishments
- Other services (except public administration)
Other services (except public administration)
47 establishments
- Finance and insurance
Finance and insurance
43 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 08542, Princeton, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
5,189
Population
1.3
Area (sq mi)
3,868
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 08542?
37.2
Median Age
52.7%
Male
47.3%
Female
26.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$105,524
Median Household Income
-13% vs state
$72,582
Per Capita Income
4.2%
Poverty Rate
5.0%
Unemployment Rate
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
1,357
Total Housing Units
1,264
Occupied Units
93
Vacant Units
2.00
Avg Household Size
Occupancy Type
$754,100
Median Home Value
+46% vs state
$2,497
Median Rent
1938
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-3.5%
YoY Change (2022)
260
HPI Index (2000 = 100)
+160%
Total Change Since 2000
Home values in ZIP 08542 have decreased 3.5% over the past year (2022). Since 2000, this ZIP has seen +160% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2017 | +7.2% | 239 |
| 2019 | — | 248 |
| 2020 | -5.5% | 234 |
| 2021 | +15.0% | 269 |
| 2022 | -3.5% | 260 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2022. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 371 business establishments in ZIP 08542, employing approximately 4,179 people with a combined annual payroll of $445,689,000.
371
Businesses
4,179
Employees
$445.7M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 63 | 17.0% |
| Professional, scientific, and technical services | 63 | 17.0% |
| Accommodation and food services | 54 | 14.6% |
| Other services (except public administration) | 47 | 12.7% |
| Finance and insurance | 43 | 11.6% |
| Real estate and rental and leasing | 23 | 6.2% |
| Health care and social assistance | 17 | 4.6% |
| Administrative and support and waste management and remediation services | 15 | 4.0% |
| Construction | 12 | 3.2% |
| Educational services | 9 | 2.4% |
| Information | 8 | 2.2% |
| Wholesale trade | 6 | 1.6% |
| Arts, entertainment, and recreation | 5 | 1.4% |
| Manufacturing | 4 | 1.1% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 08542 vs 08540 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 08540 | Princeton, NJ | 47,115 | 0.8 mi |
| 08553 | Rocky Hill, NJ | 682 | 3.4 mi |
| 08528 | Kingston, NJ | 315 | 3.2 mi |
| 08536 | Plainsboro, NJ | 20,073 | 4.3 mi |
| 08502 | Belle Mead, NJ | 11,317 | 6.6 mi |
| 08558 | Skillman, NJ | 6,629 | 4.8 mi |
| 08550 | Princeton Junction, NJ | 19,445 | 5.5 mi |
| 08690 | Trenton, NJ | 18,567 | 8.8 mi |
| 08648 | Lawrence Township, NJ | 32,263 | 5.7 mi |
| 08852 | Monmouth Junction, NJ | 17,220 | 6.4 mi |
More ZIP Codes in Mercer County
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Frequently Asked Questions
What county is ZIP code 08542 in? ▼
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What is the demographic makeup of ZIP 08542? ▼
How many businesses are in ZIP code 08542? ▼
What are the main industries in ZIP code 08542? ▼
How have home values changed in ZIP code 08542? ▼
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What percentage of residents own vs. rent in ZIP 08542? ▼
What is the poverty rate in ZIP code 08542? ▼
ZIP Code Research Guides
Official Data Resources for Princeton, NJ
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.