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Princeton Junction

Learn about the people, housing, costs and businesses in Princeton Junction, New Jersey

Median Home$675,628
Median Rent$2,234/month
Population2,653
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services23% arts, food & hospitality
Home Value Growth⬆⬆⬆+21.5% over 2 years
Young Adults24% of residents
Homeowners54% of occupied units
NotableAmenity Score86/100 · highly walkable area
NotableHigh Incomes$190k/year · top 1% nationally
Princeton Junction
NJ

Explore Princeton Junction

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Princeton Junction?

As of today, the 30-year fixed mortgage rate for Princeton Junction is approximately 6.813% (6.846% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Princeton Junction?

The median home value in Princeton Junction is $676k. The median monthly rent is $2,234. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Princeton Junction?

Home values in Princeton Junction have increased 21.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Princeton Junction?

Based on a typical all-in ownership cost of $2,749/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $118k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Princeton Junction is $190k/year.

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What industries drive the economy in Princeton Junction?

The largest employment sectors in Princeton Junction are public administration (33%) and healthcare (25%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.