How wealthy is Princeton New Jersey?

In 2021, Princeton, NJ had a population of 30.7k people with a median age of 28.9 and a median household income of $165,149.

Is Princeton New Jersey rich?

The U.S. Census Bureau recently released its latest American Community Survey, offering an updated snapshot of demographic and economic conditions in the United States.

What's the wealthiest town in New Jersey?

Short Hills

The richest town in New Jersey is Short Hills. It is also one of the country's wealthiest, with a median household income of $250,000. This places it in the top 1% of all cities in the United States when it comes to income, and many allege it's far wealthier than its $250,000 price tag.

What is the average household income in Princeton?

The average annual household income in Princeton is $218,002, while the median household income sits at $142,088 per year.

How much does it cost to live in Princeton?

Student Budget

The cost of attendance for 2024-25 is $86,700 and includes: Tuition: $62,400. Housing: $11,910. Food: $8,340.

Top 10 Richest Towns in NEW JERSEY

Is 150K a good salary in New Jersey?

New Jersey ranks number 1 out of 50 states nationwide for 150K salaries. To estimate the most accurate hourly salary range for 150K jobs, ZipRecruiter continuously scans its database of millions of active jobs published locally throughout America. Find your next high paying job as a 150K on ZipRecruiter today.

Where do most celebrities live in New Jersey?

Four upscale boroughs — Alpine, Cresskill, Franklin Lakes, and Saddle River — are home to a slew of wealthy celebrities living in lavish mansions, sometimes on the same street. It helps that the area is relatively secluded yet still a short drive from New York City.

What's the wealthiest county in NJ?

What billionaires live in NJ?

Commisso, the founder and CEO of cable company Mediacom, is listed at No. 114 on the Forbes list and is worth $8 billion, up from $7.7 billion in 2022, Forbes said. The other two New Jerseyans who follow are John Overdeck (No. 137 at $7.3 billion) and Peter Kellogg (No.

What is the poorest city in New Jersey?

Camden, the poorest city in the state, has a poverty rate of 35.5%. Other poor areas are the cities across the Hudson River from New York City, including Newark, Paterson, and Passaic.

Why do so many rich people live in New Jersey?

Why do so many wealthy New Yorkers actually live in New Jersey? Many wealthy New Yorkers choose to live in New Jersey due to various factors such as lower property taxes, larger homes for the same price, better school systems, and a generally lower cost of living.

How did Princeton get so rich?

The majority of the University's income comes from endowment returns and other investment income, and that funding supports 66 percent of the University's operating budget.

How many billionaires are from Princeton?

Princeton University. Same as Columbia University, this University also have 11 billionaire alumni. These billionaires include Amazon founder Jeff Bezos and his ex-wife MacKenzie Scott.

Who is 1 famous person in New Jersey?

Martha Stewart (born in Jersey City) John Travolta (born in Englewood) Shaquille O'Neal (born in Newark) Queen Latifah (born in Newark)

What celebrities live in Princeton New Jersey?

Steven Spielberg is one of the most famous celebrities who live in New Jersey. His house is located on top of a hill near Princeton University, where he can see the New York City skyline in the distance.

What salary is upper class NJ?

How much does an Upper Class make in New Jersey? As of Jan 11, 2024, the average annual pay for the Upper Class jobs category in New Jersey is $54,714 a year. Just in case you need a simple salary calculator, that works out to be approximately $26.31 an hour. This is the equivalent of $1,052/week or $4,559/month.

What is the 1% income in New Jersey?

One percenters in New Jersey must earn at least $760,462, while the cutoff to land in the top 5% is $308,976. The top 5% pay 56.23% of all income taxes in the Garden State.

What salary is middle class in NJ?

The number they came up with is the minimum annual income required in 2023 for a family of four to be middle class in our state. That number is $80,163. When looking at the other numbers on this list, it appears that's quite a bit about average. Some states have much higher salaries, such as Hawaii with $82,630.

How hard is it to get into Princeton?

According to U.S. News, Princeton University is a highly competitive school with an acceptance rate of 6%. The Princeton Early Action acceptance rate was 14.7% for the Princeton Class of 2025. Over 37,000 students applied for the Princeton Class of 2025.

What major is Princeton known for?

The most popular majors at Princeton University include: Social Sciences; Engineering; Computer and Information Sciences and Support Services; Biological and Biomedical Sciences; Public Administration and Social Service Professions; Physical Sciences; History; English Language and Literature/Letters; Foreign Languages, ...

How much does 4 years at Princeton cost?

Projected 4-Year-Degree Price

For a four-year degree, the cost of Princeton University, including books, tuition, and all other expenses would be around $321,660, based on the 2022-23 academic year. This is significantly higher than the average four-year cost of private colleges in the U.S. of $230,280.