Princeton 76 Exceptional
Princeton Livability #84 ranked city in Kentucky#3,054 ranked city in the USARanks better than 89% of areas

Pros and Cons of Living in Princeton

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Cost Of Living

    Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

CONS
  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

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What's it like Living in Princeton?

Located in the state of Kentucky, Princeton is a small city with a population of 6,087 residents. If we look at the most recent Census, Princeton is known to have a predominantly White population. The next two most common races are Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Princeton, your commute time will align closely with the national average, spanning a one-way duration of approximately 25 minutes.

Are you trying to ascertain if living in Princeton is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in Kentucky, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Princeton and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Kentucky and national averages.

The livability score in Princeton is 75 out of 100 and the city is ranked in the 88th percentile of all cities across America. Based on this score, Princeton would be considered a very livable city! If we dig down a little deeper into each category within the livability score, we see that Princeton has higher than average grades for the following: amenities (A) and crime (B+). The bad news for Princeton, there are some categories for which it does not rank well, this includes: employment (D).

The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Princeton, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Princeton undoubtedly enhances its desirability, affirming the significance of its prime location.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Princeton gets top scores for their low violent crime rates of 162 crimes per 100,000 residents, which are significantly lower than the national average.

When contemplating a move, job prospects often top the list of priorities. In Princeton, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.88% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Princeton. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Princeton are affordable. The median home price for Princeton homes is $75,600, which is 40% lower than the Kentucky average. If we take a closer look at the affordability of homes in Princeton, we’ll see that the home price to income ratio is 1.7, which is 39.3% lower than the Kentucky average.

Best Places to Live in and Around Princeton

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How Do You Rate The Livability In Princeton?

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Compare Princeton, KY Livability

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      Princeton transportation information

      Statistic Princeton Kentucky National
      Average one way commute25min23min26min
      Workers who drive to work75.6%82.2%76.4%
      Workers who carpool10.7%9.7%9.3%
      Workers who take public transit0.0%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk1.5%2.4%2.8%
      Working from home10.2%3.3%4.6%
      Source: The Princeton, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).