Princeton

County:: Mille Lacs County
County Seat:: No
Area (mi²):: 4.932
State:: Minnesota

Princeton is a city located in Mille Lacs County, Minnesota. Princeton has a 2025 population of 5,514. Princeton is currently growing at a rate of 1.87% annually and its population has increased by 10.1% since the most recent census, which recorded a population of 5,008 in 2020.

The average household income in Princeton is $72,414 with a poverty rate of 9.16%. The median age in Princeton is 39.5 years: 36.8 years for males, and 44 years for females.

Demographics

The racial composition of Princeton includes 95.21% White, and smaller percentages for Native American, Asian, Black or African American, other race, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Two or more races

Native American

Asian

Black or African American

Other race

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	4,749	95.21%
Two or more races	158	3.17%
Native American	31	0.62%
Asian	31	0.62%
Black or African American	14	0.28%
Other race	5	0.1%
Native Hawaiian or Pacific Islander	0	0%

Princeton Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Princeton's average per capita income is $42,335. Household income levels show a median of $52,450. The poverty rate stands at 9.16%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$99,946	-
Families	$80,313	$96,503
Households	$52,450	$72,414
Non Families	$29,468	$33,197

$42,335

Average Income

$52,450

Median Household Income

9.16%

Poverty Rate