Zip Code

08550

City

Princeton Junction, NJ

Population & Migration

What is the forecasted population for Zip code 08550 Princeton Junction, NJ?

Population census 2020
18,143
Forecasted population 2025
20,407
12.5% vs. 2020
Forecasted population 2030
20,796
14.6% vs. 2020

Zip code 08550 Princeton Junction, NJ population is forecasted to grow 12.5% by 2025 (7.8 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 20,407 people for 2025 zip code 08550 Princeton Junction, NJ will generate a good demand for housing, which is expected to have a deficit of 1,015 houses for 2030. Vacancy rate is 8.8 points below national US average.

Total homes available 2020
6,944
Estimated total home demand in 2030
7,959
Total homes balance inventory
1,015

Average Household Income in zip code 08550 Princeton Junction, NJ
from Internal Revenue Service

Average household income in 2021
$241,351

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 08550 Princeton Junction, NJ?

County total number of drinking water violations

724

+197%

244

County total number of drinking water contaminations

54

+125%

24

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