Princeton, TX is a small town located in Collin County with a population of 7,638. The median rent for a 2 bedroom apartment in Princeton is $1,710 which is slightly higher than the US average of $1,430. The Grocery Cost Index in Princeton is 98 compared to the US average of 100. Popular local businesses in Princeton include Stinson's Country Store, JD Barbecue & Catering, and Whistle Stop Café & Grill. There are also major stores such as Walmart Supercenter and Kroger nearby for those who need groceries or everyday items.
Princeton (zip 75407) has an unemployment rate of 5.6%. The US average is 6.0%.
Princeton (zip 75407) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 48.6%, which is higher than the US average of 33.5%.
Tax Rates for Princeton (zip 75407)
- The Sales Tax Rate for Princeton (zip 75407) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Princeton (zip 75407) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Princeton (zip 75407)
- The average income of a Princeton (zip 75407) resident is $31,674 a year. The US average is $37,638 a year.
- The Median household income of a Princeton (zip 75407) resident is $78,743 a year. The US average is $69,021 a year.