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 and multiracial populations.

Population by Race

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%

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