Princeton has the 2763rd largest population in the United States. The population shrank by 0.2% from 2010 to 2015, which was slower than the national average. Princeton is part of the Evansville metro area. Unemployment in the Evansville area is 4.2%, which is lower than the national average, and is getting better. Evansville has the 139th largest local economy in the US, and a low cost of living. The average pay for jobs in Princeton is below average at $41,690, and the median cost of a home in Princeton is $83,900, which is below the national average. 12% of workers in Princeton hold a bachelors degree or higher (above average), and 89% of workers have a high school degree (above average). Driving to work is especially common in Princeton. 85% of Princeton workers drive to work alone, 0% take public transit, 7% carpool, and 6% walk. People in Princeton spend an average of 16 minutes commuting to work, which is shorter than the national average of 26 minutes.