Princeton, New Jersey, located in Mercer County, is a borough situated approximately 11 miles (18 km) northeast of Trenton. Established in 1696 and incorporated in 1813, Princeton became a consolidated municipality in 2013, combining the borough and.....
Princeton, New Jersey, located in Mercer County, is a borough situated approximately 11 miles (18 km) northeast of Trenton. Established in 1696 and incorporated in 1813, Princeton became a consolidated municipality in 2013, combining the borough and township. As of the 2020 census, it has a population of about 30,681 residents. The town is strategically positioned midway between New York City and Philadelphia, making it accessible via various transportation options, including bus and train services.
Princeton is most famous for being home to Princeton University, one of the oldest and most prestigious universities in the United States, founded in 1746. The university significantly shapes the town's identity and economy. Additionally, Princeton has historical significance as it briefly served as the capital of the United States in 1783 when Congress convened at Nassau Hall on the university's campus. The town also boasts cultural attractions such as the Morven Museum & Garden and Princeton Battlefield State Park, contributing to its vibrant community life.
Costs of Independent Living in Princeton, NJ
The costs of independent living in Princeton, NJ, average around $5,185 per month, which is slightly below the state average. This figure encompasses various fees, including service charges and amenities. Prices can range widely based on factors such as location, apartment size, and available services, with some communities offering monthly rates from $2,500 to over $7,000. Many facilities provide flexible month-to-month rental agreements without requiring a buy-in fee, enhancing accessibility for seniors seeking independence. Overall, Princeton's independent living options cater to diverse financial needs while promoting an active lifestyle for residents.
Average Income in Princeton, NJ
Princeton, New Jersey, known for its prestigious university and vibrant community, boasts an average household income of approximately $269,420 and a median income of $176,695, reflecting its affluent demographic supported by education, research, and technology sectors. The city has a population of around 30,272, with a low poverty rate of 6.33%, indicating economic stability. Princeton offers a high quality of life, characterized by cultural events, access to parks, and a strong educational system. Its proximity to major urban centers enhances its appeal for families and professionals alike.
Ranking of Princeton among Top Cities in New Jersey
Princeton, New Jersey, is frequently recognized as one of the top cities in the state, currently ranked No. 2 in New Jersey and 34th nationally according to Niche's latest report. This charming borough is celebrated for its exceptional public schools, vibrant community, and outdoor activities, earning an overall grade of A+. Princeton Junction, a nearby area, holds the No. 1 spot in the state. The city's appeal includes a rich cultural scene, proximity to major urban centers, and a strong sense of community, making it a highly desirable place to live in New Jersey.
Top Independent Living Facilities in Princeton, NJ
Some of the top independent living facilities in Princeton, NJ include:
- Princeton Windrows
- Fox Trail Memory Care Living
- Carnegie Post Acute Care
- Artis Senior Living
- Brandywine Serenade
These facilities offer a range of amenities and services designed to enhance the quality of life for their residents.
