Is Princeton, Kentucky a Good Place To Live? - Living In Princeton, KY

Is Princeton, Kentucky a good place to live?
Princeton is a city in Kentucky state in USA with a population of 6087 residents.. The poverty rate of Princeton is 16.2%, which is 16% higher than national average. The typical household in Princeton earns $45047 a year, compared to the national median of $67,500. Nearly 57% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Princeton, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Princeton remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Princeton, only 21% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Princeton is 86, which is 14% lower than national average. Median home value in Princeton is $75600 , which is 67% lower than national average. While median income in Princeton remained $45047, which is 33% lower than national average.
Population
6087
Unemployment
3.4%
28% NAT AVG.
Poverty
16.2%
16% NAT AVG.
Overall Score
5
Median Home Cost
$75600
67% NAT AVG.
Median Income
$45047
33% NAT AVG.
Median Rent
$648
44% NAT AVG.
Cost Of Living
86
14% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 29
People Earning < $10,000
1 in 16
People Earning < $50,000
57%
People with <= High School
1 in 1.8
People With Any Degree
1 in 3.4
Pros & Cons Overview

Jobs70%

Housing40%

Affordability85%

Safety60%

Amenities70%

Diversity70%

Education60%

Commute70%