Princeton is a somewhat small city located in the state of Minnesota. With a population of 5,312 people and five associated neighborhoods, Princeton is the 161st largest community in Minnesota.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Princeton is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Princeton is a city of service providers, sales and office workers, and professionals. There are especially a lot of people living in Princeton who work in sales jobs (15.77%), food service (8.38%), and healthcare suport services (7.08%). Despite the fact that it is a small city, Princeton has quite a few people who take public transportation – mostly the bus - for their daily commute to work. This helps to fill a real need in the city for affordable transportation.In Princeton, just 12.90% of people have at least a bachelor's degree, which is quite a bit lower than the national average for cities and towns of 21.84%. The per capita income in Princeton in 2022 was $31,391, which is lower middle income relative to Minnesota, and middle income relative to the rest of the US. This equates to an annual income of $125,564 for a family of four. However, Princeton contains both very wealthy and poor people as well. The people who call Princeton home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Princeton residents report their race to be White, followed by Asian. Important ancestries of people in Princeton include German, Norwegian, Irish, Swedish, and French. The most common language spoken in Princeton is English. Other important languages spoken here include Polish and Spanish.