![]() | Income |
Median household income is $166,946 and per capita income is $77,805 in Princeton. Median income is well above the U.S. median income. Average household income is $227,435 per year. Princeton's per capita income is well above the state of New Jersey and the U.S. The percentage of households with an average income is 0.0%. Additionally, 53.7% of the population earns over $150,000. This area may be an ultra-rich area. A close review of the tapestry profiles for this area will give insight into general spending and behavior patterns of this population. The percentage of the population at poverty level (below $25,000) is 8.6% and is well below New Jersey and below the US poverty levels. The unemployment rate is low overall at 3.8%. White-collar professions account for 88.5% of employment. Service occupations comprise 6.7% of the employment base while blue-collar occupations make up 4.8% of the base.
|  | Table #2 Significant Demographic Characteristics - Page 3 |
| |
Demographic Analysis for Princeton, New Jersey
| INCOME | | | |
| Per capita income | $77,805 | $54,360 | $43,829 |
| Median household income | $166,946 | $101,875 | $79,068 |
| Average household income | $227,435 | $145,291 | $113,185 |
| HOUSEHOLD INCOME BREAKDOWN | | | |
| Less than $25,000 | 8.6% | 11.5% | 14.9% |
| $25,000 - $34,999 | 2.4% | 5.5% | 6.7% |
| $35,000 - $49,999 | 7.2% | 7.5% | 10.1% |
| $50,000 - $74,999 | 7.8% | 13.1% | 15.7% |
| $75,000 - $99,999 | 7.6% | 11.3% | 12.8% |
| $100,000 - $149,999 | 12.5% | 18.2% | 17.6% |
| $150,000 - $199,999 | 9.5% | 12.1% | 9.5% |
| $200,000 or more | 44.2% | 20.8% | 12.6% |
| $50,000 - $99,999 | 15.5% | 24.5% | 28.5% |
| Number of Households $50,000 - $99,999 | 2,251 | 860,734 | 37,304,757 |
| $35,000 - $149,999 | 35.2% | 50.2% | 56.2% |
| Number of Households $35,000 - $149,999 | 5,118 | 1,763,920 | 73,487,840 |
| EMPLOYMENT STATUS | | | |
| Persons employed in labor force | 22,815 | 4,831,101 | 166,125,745 |
| Unemployed civilians | 3.8% | 5.2% | 4.2% |
| Workers By Occupation: | | | |
| Management Occupations | 28.7% | 20.9% | 18.4% |
| Professional Occupations | 49.3% | 27.9% | 25.6% |
| Sales Occupations | 4.9% | 8.0% | 8.5% |
| Admin Occupations | 5.6% | 10.5% | 10.1% |
| Services | 6.7% | 14.8% | 16.4% |
| All Other Occupations/Blue Collar | 4.8% | 17.9% | 21.0% |