08542 ZIP Code – Princeton, New Jersey

08542 is a small ZIP code in Princeton, New Jersey, part of Mercer County with a population of approximately 2,595 residents. At $157,336, the median household income here runs above the New Jersey average and well above the U.S. average. Median home values of $686,000 are well above the national average, with 32.3% owner-occupied housing (increasing). , and the median rent of $2,652 is well above the national average. Housing consists of 51% single-family (increasing), 32% apartments (increasing), 16% duplex/multi-family.

The area reports an unemployment rate of 3.0%, well below the national average. About 3.9% of residents live below the poverty line, well below the national rate. 69.6% of adults hold a bachelor's degree or higher, well above the U.S. average. Residents have a median age of 41.7, near the U.S. median. ZIP codes in the surrounding area include 08544, 08540, 08528.

ZIP Code 08542 Data

Population 2,595
Median Household Income $157,336
Median Home Value $686,000
Median Rent $2,652
Median Age 41.7
Unemployment Rate 3.0%
Poverty Rate 3.9%
Bachelor's Degree or Higher 69.6%
County Mercer County
State New Jersey

ZIP 08542 vs. New Jersey vs. U.S.

MetricZIP 08542NJ Avg.U.S. Avg.
Population2,59515k10k
Median Household Income$157k$113k$73k
Median Home Value$686k$459k$258k
Median Rent$2,652$1,724$1,088
Median Age41.743.143.2
Unemployment Rate3.0%5.8%5.0%
Poverty Rate3.9%8.1%13.3%
Bachelor's Degree or Higher69.6%44.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
08544 PRINCETON 4,504 Not provided
08540 PRINCETON 48,513 $161,018
08528 KINGSTON 163 Not provided
08553 ROCKY HILL 794 $126,250
08536 PLAINSBORO 20,693 $122,254