HomeWest VirginiaMercer CountyPrinceton city
Princeton city, West Virginia: commercial real estate data.
Princeton city is a Census city of 5,736 people across 3.01 square miles of land, in Mercer County. Median household income is $43,900, 56.8 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $1.4 m.
66 sourced place values · tier FULL · 7 sections
Princeton
What Princeton is
- Census place typecity
- Land area3.01 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,903
- County holding the largest share of its areaMercer 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
- Population5,736
- Median age44.2
- Population under 181,005 plus or minus 248
- Share under 1817.5 percent plus or minus 4.3
- Population 65 and over1,364
- Share 65 and over23.8 percent
- Households2,826
- Family households1,592
- Share of households that are families56.3 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$43,900
- Per capita income$28,035
- Civilian labor force2,616
- Employed2,573
- Unemployed43 plus or minus 37
- Unemployment rate1.6 percent plus or minus 1.4
- Adults 25 and over4,423
- Adults 25 and over with a high school diploma or higher92.2 percent
- Adults 25 and over with a bachelor degree or higher21.0 percent plus or minus 4.8
- Adults 25 and over with a graduate degree8.8 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
Housing in Princeton
- Housing units3,400
- Occupied units2,826
- Vacant units574 plus or minus 155
- Vacancy rate16.9 percent plus or minus 4.4
- Owner occupied1,606
- Renter occupied1,220
- Ownership rate56.8 percent
- Median owner-occupied home value$120,300
- Median gross rent, monthly$747
- Annual rent as a share of median income20.4 percent plus or minus 4.4
- Single family units2,256
- Share single family66.4 percent
- Units in buildings of two or more1,062 plus or minus 281
- Share in buildings of two or more31.2 percent plus or minus 7.9
- Mobile homes82 plus or minus 117
- Median year structure built1953
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 commute2,266
- Commuting under 15 minutes1,413 plus or minus 300
- Share commuting under 15 minutes62.4 percent
- Commuting 30 minutes or more397 plus or minus 135
- Share commuting 30 minutes or more17.5 percent plus or minus 5.5
- Drove alone76.9 percent
- Carpooled8.1 percent plus or minus 4.1
- Public transport0.7 percent plus or minus 0.9
- Walked4.2 percent plus or minus 3.7
- Worked from home10.0 percent plus or minus 6.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Princeton
SBA 7(a) lending to Princeton borrowers
- Approvals14
- Gross approval$1,367,500
- Average approval$97,679
- Median approval$75,000
- Ninetieth percentile approval$195,900
- Largest approval$335,000
- Jobs supported46
- Jobs per approval3.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS11
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Mercer County, not Princeton
Mercer County context, not Princeton figures
These are Mercer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Princeton measurements.
- Establishments in Mercer County1,154
- Employment at those establishments, Mercer County17,231
- Covered employment, Mercer County19,314
- Average annual pay, Mercer County$50,193
- Average weekly wage, Mercer County$965
- Housing units permitted, Mercer County9
- Of those, single family, Mercer County4
- County product, 2024, Mercer County$2,336,526,000
- County product change over the prior year, Mercer County3.2 percent
- Average income of an arriving household, Mercer County$38,919
Every figure in this section is published for Mercer County as a whole and is not a measurement of Princeton. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Princeton questions, answered from the record.
How many people live in Princeton, West Virginia?
5,736, in 2,826 households. Princeton city covers 3.01 square miles of land, which is 1,903 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?
Mercer 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?
$43,900. The median owner-occupied home is valued at $120,300. Median gross rent is $747 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?
14 7(a) approvals totalling $1.4 m, across 5 lenders, median approval $75,000. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Princeton figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Mercer 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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