HomeIllinoisBureau CountyPrinceton
Princeton, Illinois: commercial real estate data.
Princeton is a Census city of 7,975 people across 8.24 square miles of land, in Bureau County. Median household income is $61,946, 68.6 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $6.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Princeton
What Princeton is
- Census place typecity
- Land area8.24 sq mi
- Water area0 sq mi
- Population per square mile of land968
- County holding the largest share of its areaBureau County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
How many people live in Princeton
- Population7,975
- Median age46.0
- Population under 181,445
- Share under 1818.1 percent
- Population 65 and over2,049
- Share 65 and over25.7 percent
- Households3,621
- Family households1,936
- Share of households that are families53.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
Income and work in Princeton
- Median household income$61,946
- Per capita income$36,717
- Civilian labor force3,976
- Employed3,763
- Unemployed213 plus or minus 111
- Unemployment rate5.4 percent plus or minus 2.8
- Adults 25 and over5,902
- Adults 25 and over with a high school diploma or higher93.7 percent
- Adults 25 and over with a bachelor degree or higher26.3 percent
- Adults 25 and over with a graduate degree9.0 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
Housing in Princeton
- Housing units3,863
- Occupied units3,621
- Vacant units242 plus or minus 101
- Vacancy rate6.3 percent plus or minus 2.6
- Owner occupied2,483
- Renter occupied1,138
- Ownership rate68.6 percent
- Median owner-occupied home value$134,700
- Median gross rent, monthly$782
- Annual rent as a share of median income15.1 percent
- Single family units2,812
- Share single family72.8 percent
- Units in buildings of two or more902 plus or minus 197
- Share in buildings of two or more23.3 percent plus or minus 5.0
- Mobile homes149 plus or minus 63
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
How Princeton gets to work
- Workers 16 and over who commute3,411
- Commuting under 15 minutes1,732
- Share commuting under 15 minutes50.8 percent
- Commuting 30 minutes or more731 plus or minus 178
- Share commuting 30 minutes or more21.4 percent plus or minus 5.0
- Drove alone72.1 percent
- Carpooled13.4 percent plus or minus 4.2
- Public transport0.3 percent plus or minus 0.4
- Walked3.6 percent plus or minus 2.3
- Worked from home7.2 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
SBA loans in Princeton (7(a))
- Approvals4
- Gross approval$5,994,000
- Average approval$1,498,500
- Median approval$919,500
- Largest approval$4,005,000
- Jobs supported29
- Jobs per approval7.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more75.0 percent
- Share to franchises50.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Princeton, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Princeton
SBA loans in Princeton (504)
- Approvals2
- Gross approval$1,052,000
- Average approval$526,000
- Median approval$526,000
- Largest approval$553,000
- Jobs supported25
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Princeton, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Princeton
Flood risk in Princeton
- NFIP communityCity of Princeton
- NFIP community number170014
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/02/11(M)
The City of Princeton participates in the National Flood Insurance Program as community 170014 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Bureau County, not Princeton
Bureau County context, not Princeton figures
- Establishments in Bureau County699
- Covered employment, Bureau County10,032
- Average annual pay, Bureau County$53,297
- Housing units permitted, Bureau County19
Every figure in this section is published for Bureau County as a whole and is not a measurement of Princeton.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Princeton questions, answered from the record.
How many people live in Princeton, Illinois?
7,975, in 3,621 households. Princeton city covers 8.24 square miles of land, which is 968 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Princeton in?
Bureau County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Princeton?
$61,946. The median owner-occupied home is valued at $134,700. Median gross rent is $782 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Princeton businesses?
4 7(a) approvals totaling $6.0 m since FY2020, across 4 lenders, median approval $919,500, plus 2 504 approvals worth $1.1 m since FY2010. These count approvals to borrowers whose address is in Princeton, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Princeton borrowers get paid back?
No rate is published for Princeton. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Princeton in the National Flood Insurance Program?
Yes. Princeton appears in the FEMA Community Status Book as Princeton, city of, community 170014, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Princeton figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Bureau County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Princeton.
Is zoning published for Princeton?
No. Nothing on this page presents parcel level zoning.
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