City · Minnesota

Princeton, Minnesota

Princeton, city, mostly in Mille Lacs County (98.9% of its 2020 residents), with a part in Sherburne County, Minnesota. Princeton had 5,480 residents on July 1, 2025 by the Census Bureau's estimate, up 9.3% since 2020; the 2020 Census counted 4,819 and the ACS 2020-2024 5-year estimates put it at 5,274 (±216). GEOID 2752522.

Residents, July 2025 estimate

5,480

Census Bureau estimate (no margin published)
2020 Census count: 4,819 · ACS 2020-2024: 5,274 ±216

Median household income

$62,219

±$13,110 (90% margin)
Minnesota: $89,062

Median home value

$218,700

±$17,634 (90% margin)
Minnesota: $329,300

Median gross rent

$991

±$152 (90% margin)
Minnesota: $1,280

Where is Princeton and what county is it in?

Princeton is a city mostly in Mille Lacs County (98.9% of its 2020 residents), with a part in Sherburne County, Minnesota. It covers 4.9 square miles of land, 977 residents per square mile in 2020.

Princeton is in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area, which takes in 15 counties (Census Bureau delineation, July 2023).

Princeton's 2020 Census population by county (Census place-by-county parts)
County2020 residentsShare
Mille Lacs County4,76698.9%
Sherburne County531.1%
Princeton (marked with a dot) in Mille Lacs County, Minnesota. Boundaries: Census Bureau 2024.

Source: 2024 Gazetteer and 2020 place-by-county files, U.S. Census Bureau · Census reference files

How many people live in Princeton, and is it growing?

The Census Bureau estimates that 5,480 people lived in Princeton on July 1, 2025, up 9.3% since 2020, faster than Minnesota (+2.2%). The 2020 Census counted 4,819 residents. The 2020-2024 American Community Survey, a five-year sample, puts the population at 5,274 (±216).

  • July 2020→2021 +68 (5,088)
  • 2021→2022 +228 (5,316)
  • 2022→2023 +19 (5,335)
  • 2023→2024 +26 (5,361)
  • 2024→2025 +119 (5,480)
ACS 2020-2024 5-year estimates (counts) with the change from 2015-2019
Measure PrincetonMille Lacs CountyMinnesota Change since 2015-2019
Total population 5,274 ±216 27,125 5,739,445 +565
Households 2,039 ±146 10,672 2,307,955 no clear change
Average household size 2.52 ±0.18 2.50 2.43 no clear change
Housing units 2,238 ±196 13,069 2,545,030 no clear change

Princeton's population since 2000

From 3,933 in 2000 to 5,480 in 2025: up 39.3%. The 2000, 2010 and 2020 figures are census counts, each for Princeton as it was drawn that year: a place that annexed land, or a community that has since incorporated, covered a different area then. The 2005 figure is the Census Bureau's intercensal estimate, revised to fit the 2000 and 2010 counts and drawn on 2010 boundaries; 2015 and 2025 are July 1 estimates made from the census before them.

  • 2000 Census 3,933
  • 2005 (estimate) 4,535
  • 2010 Census 4,698
  • 2015 (estimate) 4,605
  • 2020 Census 4,819
  • 2025 (estimate) 5,480

Source: The 2000, 2010 and 2020 Census counts and the Census Bureau's population estimates (intercensal 2000-2010, Vintage 2020, Vintage 2025) · Census population estimates

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); Census PEP Vintage 2025 (SUB-EST2025, CO-EST2025); 2020 Census P.L. 94-171 · Check it at data.census.gov

Who lives in Princeton?

The median resident of Princeton is 39.4 years old; 18.5% are under 18 and 24.4% are 65 or older. The largest group is non-Hispanic white residents at 94.9%, then Hispanic or Latino residents (of any race) at 1.7%.

Age, origin, education and moves, ACS 2020-2024 5-year estimates. Race groups are non-Hispanic; Hispanic includes any race.
Measure PrincetonMille Lacs CountyMinnesota Change since 2015-2019
Median age 39.4 ±2.6 41.2 38.8 +6.6
Under 18 years 18.5% ±3.0 pts 23.1% 22.9% –
65 years and over 24.4% ±4.3 pts 18.6% 17.3% –
Male 49.5% ±2.7 pts 50.9% 50.1% –
Hispanic or Latino (any race) 1.7% ±1.5 pts 2.3% 6.4% –
White alone, not Hispanic 94.9% ±2.3 pts 88.0% 75.9% no clear change
Black or African American alone, not Hispanic 0.3% ±0.7 pts 0.4% 6.9% –
Asian alone, not Hispanic 0.8% ±0.8 pts 0.9% 5.1% –
American Indian and Alaska Native alone, not Hispanic 1.0% ±1.0 pts 4.2% 0.7% –
Native Hawaiian and Other Pacific Islander alone, not Hispanic 0.0% ±0.4 pts 0.0% 0.0% –
Two or more races, not Hispanic 1.4% ±1.2 pts 3.6% 4.5% –
Some other race alone, not Hispanic 0.0% ±0.4 pts 0.5% 0.5% –
Born outside the United States 1.2% ±1.0 pts 1.4% 8.7% –
Speak a language other than English at home (age 5+) 2.9% ±2.3 pts 3.5% 12.4% –
Civilian veterans (age 18+) 7.3% ±3.3 pts 7.9% 5.9% –
With a disability 15.5% ±5.0 pts 15.7% 11.6% –
No health insurance coverage 4.9% ±3.2 pts 4.9% 4.7% no clear change
High school graduate or higher (age 25+) 89.4% ±6.0 pts 91.6% 93.9% –
Bachelor's degree or higher (age 25+) 13.6% ±4.6 pts 18.2% 39.4% no clear change
Graduate or professional degree (age 25+) 4.9% ±2.6 pts 5.4% 13.8% –
Lived in the same house a year earlier 81.2% ±9.3 pts 88.4% 87.8% –
Moved from another state in the past year 0.0% ±0.4 pts 0.7% 1.8% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov

What do households in Princeton earn?

Half of Princeton's 2,039 households earn less than $62,219 a year (±$13,110), against $72,729 in Mille Lacs County and $89,062 in Minnesota. In 2015-2019 the median was $44,552 in 2024 dollars, so it rose by $17,667 after inflation. 8.5% of residents live below the poverty line.

Income and poverty in 2024 dollars, ACS 2020-2024 5-year estimates; 2015-2019 dollars adjusted with the R-CPI-U-RS
Measure PrincetonMille Lacs CountyMinnesota Change since 2015-2019
Median household income $62,219 ±$13,110 $72,729 $89,062 +$17,667
Mean household income $79,276 ±$12,344 $90,096 $118,304 –
Per capita income $31,770 ±$4,216 $36,173 $48,237 no clear change
People below the poverty line 8.5% ±3.3 pts 10.4% 9.3% −8.6 pts
Children under 18 below the poverty line 4.1% ±7.2 pts 12.7% 10.3% –
Households receiving SNAP 16.4% ±6.6 pts 11.0% 7.9% –
Households with a computer 91.3% ±4.7 pts 93.4% 95.8% –
Households with a broadband subscription 87.2% ±5.3 pts 87.4% 91.6% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

What does housing cost in Princeton?

Owners occupy 62.1% of Princeton's occupied homes and renters 37.9%. The median owner-occupied home is valued at $218,700 by its owner (±$17,634). The median renter pays $991 a month including utilities, and 35.8% of renters pay 35% or more of their income on rent.

Housing, ACS 2020-2024 5-year estimates. Home values are owners' own estimates.
Measure PrincetonMille Lacs CountyMinnesota Change since 2015-2019
Median home value (owner-occupied) $218,700 ±$17,634 $258,300 $329,300 +$44,557
Median gross rent $991 ±$152 $903 $1,280 no clear change
Renters paying 35% or more of income on rent 35.8% ±16.6 pts 34.0% 38.4% no clear change
Median monthly owner costs, with a mortgage $1,483 ±$138 $1,733 $1,947 –
Owner-occupied homes 62.1% ±8.0 pts 77.9% 72.2% no clear change
Renter-occupied homes 37.9% ±8.0 pts 22.1% 27.8% –
Housing units 2,238 ±196 13,069 2,545,030 no clear change
Homeowner vacancy rate 3.5% ±5.0 pts 1.2% 0.6% –
Rental vacancy rate 5.0% ±7.7 pts 5.9% 5.3% –
Single-family detached homes 56.0% ±8.1 pts 73.6% 66.0% –
Mobile homes 7.6% ±4.3 pts 9.9% 2.9% –
Built 2020 or later 0.7% ±1.1 pts 1.9% 1.9% –
Built 2010 to 2019 5.7% ±3.3 pts 5.7% 8.5% –
Built 1939 or earlier 21.1% ±6.8 pts 15.2% 15.6% –
Households with no vehicle 2.0% ±1.9 pts 5.5% 6.7% –

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov

How many new homes is Princeton building?

Builders took permits for 4 new housing units in Princeton in 2025 (0 in single-family houses), 0.7 per 1,000 residents against 3.6 across Minnesota.

  • 2019 32 units
  • 2020 10 units
  • 2021 116 units
  • 2022 12 units
  • 2023 5 units
  • 2024 78 units
  • 2025 4 units

Counts of units in permits a local office issued; not every permitted unit is built. A year marked with months was reported for part of the year.

Source: Building Permits Survey, annual place files 2019-2025, U.S. Census Bureau · Census Building Permits Survey

How do people in Princeton work and get to work?

83.3% of Princeton's workers drive alone. The average trip to work takes 25.8 minutes.

Work and commuting, ACS 2020-2024 5-year estimates (workers 16 and over)
Measure PrincetonMille Lacs CountyMinnesota Change since 2015-2019
In the labor force (age 16+) 61.6% ±6.4 pts 64.3% 68.1% –
Unemployment rate 1.6% ±1.9 pts 4.0% 4.1% –
Drove alone to work 83.3% ±5.4 pts 76.4% 68.9% –
Carpooled 9.9% ±4.7 pts 9.9% 7.5% –
Public transportation 1.0% ±1.0 pts 0.4% 1.8% –
Walked 0.6% ±1.1 pts 2.1% 2.5% –
Worked from home 4.9% ±3.7 pts 10.2% 17.6% –
Mean travel time to work 25.8 min ±4.3 32.0 min 22.7 min no clear change

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov

What census tracts are in Princeton?

1 census tract lies mostly in Princeton, and 1 more reaches into it (2020 census blocks).

Census tracts in Princeton, ACS 2020-2024 5-year estimates
TractResidents, 2020-2024Median household incomeMedian home valueShare of tract in Princeton
Tract 1707Mille Lacs County6,002 $63,981 $236,40079%
Tract 301.03Sherburne County4,439 $107,527 $381,20018%

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 block assignment files (tract share = share of the tract's census blocks in Princeton) · Census block assignment files

How does Princeton compare with other places in Minnesota?

By the Census Bureau's July 2025 estimates, Princeton is the 4,653rd-most populous of the 19,476 U.S. incorporated places that have one and the 143rd-most populous of 855 in Minnesota.

Princeton ranks 480th of 558 places in Minnesota with 1,000 or more residents and a reliable estimate, by median household income.

Princeton's rank in Minnesota (1 = highest): by population among the state's incorporated places with a 2025 estimate; by the other measures among places of 1,000+ residents with a reliable estimate
MeasureRankOf
Population, July 2025 estimate143rd855
Growth 2020-2025 (PEP)40th556
Residents per square mile220th562
Median household income480th558
Per capita income498th562
Median home value420th559
Median gross rent272nd465
Poverty rate211th461
Bachelor's degree or higher544th559
Median age365th561
Owner-occupied share502nd561
Travel time to work201st562

Princeton's figures with every place in Minnesota (CSV)

Every place in Minnesota, sortable · Compare Princeton with other places

Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) and PEP Vintage 2025 · How ranks are computed

How reliable are the figures for Princeton?

19 of the 57 figures for Princeton on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.

The American Community Survey samples about one household in eight over five years, so every figure is an estimate with a 90% margin of error (shown under each value). A ring marks an estimate whose coefficient of variation is over 40%. A change is called only when the gap between the two periods is larger than their combined 90% margin (the square root of the sum of the two squared margins), the Census Bureau's test. How to read a margin of error.

Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · ACS technical documentation

How these figures are made: methodology and release checks · reading a margin of error · every state · corrections

Not on this page: crime, weather and schools for Princeton are other agencies' records. Crime: the FBI's Crime Data Explorer · climate: NOAA's U.S. Climate Normals · schools: the National Center for Education Statistics' public schools in Princeton.