US > New Jersey > Mercer County > Princeton, NJ 08540

Princeton, NJ 08540 ZIP Code Profile

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Princeton, NJ
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ZIP Code 08540: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Princeton, NJ 08540

Not Acceptable, USPS
Princeton Township, NJ 08540
Princeton Twp, NJ 08540

  • ZIP Code Type: STANDARD
  • County: Mercer County
  • Centroid: Latitude 40.367, Longitude -74.67
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 08540 has segments in 3 Counties (Mercer, Middlesex, Somerset).

  • Businesses Addresses: 1,708
  • PO Box Addresses: 0
  • Residential Addresses: 18,759
    • Multi-Family Addresses: 3,323
    • Single Family Addresses: 15,436

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 08540 2019 Demographic Data
  2. Growth Rates for 08540 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Princeton, NJ 08540 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Princeton, NJ 08540 Housing Affordability Index is 110
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Princeton, NJ 08540 Wealth Index is 273
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New Jersey COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 46,633
Population in Households 45,124
Population in Families 37,193
Population in Group Qrtrs 1,509
Population Density 908
Diversity Index1 64
 

INCOME

Median Household Income $151,034
Average Household Income $204,107
Per Capita Income $79,076
Wealth Index3 273

HOUSING

Total Housing Units 19,204 (100%)
Owner Occupied HU 11,316 (58.9%)
Renter Occupied HU 6,732 (35.1%)
Vacant Housing Units 1,156 ( 6.0%)
Median Home Value $654,050
Housing Affordability Index2 110
 

HOUSEHOLDS

Total Households 18,048
Average Household Size 2.5
Family Households 12,087
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

 2010-2019 2019-2024
Population 0.51% 0.57%
Households 0.44% 0.5%
Families 0.38% 0.51%
Median Household Income   2.13%
Per Capita Income   2.05%

Princeton, NJ 08540 - Peer Comparisons by Rank and Percentile

The table below compares 08540 to the other 582 ZIP Codes in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 29 95th
Population Density # 389 33rd
Diversity Index # 165 72nd
Median Household Income # 64 89th
Per Capita Income # 40 93rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.


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Last Updated: 5/29/20 12:21 AM