Princeton is a city located in Mille Lacs County, Minnesota. Princeton has a 2025 population of 5,408 . Princeton is currently growing at a rate of 1.48% annually and its population has increased by 7.92% since the most recent census, which recorded a population of 5,011 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. For every 100 females there are 93.6 males.
Data after 2023 is projected based on recent change
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.
White (95.21%)
Two or more races (3.17%)
Native American (0.62%)
Asian (0.62%)
Black or African American (0.28%)
Other race (0.1%)
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% |
Married
Widowed
Divorced
Separated
Never Married
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%.
Name | Median | Mean |
|---|---|---|
| Married Families | $99,946 | - |
| Families | $80,313 | $96,503 |
| Households | $52,450 | $72,414 |
| Non Families | $29,468 | $33,197 |
Average Income
Median Household Income
Poverty Rate