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Princeton, MN

City in Mille Lacs County, Minnesota. ZIP codes: 55371.

Population

5,274

Land area

4.9sq mi

People per sq mi

1,069

ZIP codes

1

Princeton and its ZIP codes

Full map

Princeton at a glance

  • Princeton is about 15 times as dense as Minnesota as a whole.
  • It is the 144th most populous of 914 cities and towns in Minnesota.
  • Households here earn a median of $62,219 a year, 30% less than the Minnesota figure of $89,062.
  • A typical owner-occupied home is valued at $218,700 (34% below Minnesota) and median rent is $991 a month.

Local data for Princeton, MN

Counts from official public data

Housing and community stats

Princeton, MN, American Community Survey 2020-2024

Full profile

Median household income

$62,219

Poverty rate

8.5%

Median home value

$218,700

Median rent

$991/mo

Homeownership

62.1%

Bachelor's or higher

13.6%

Median age

39.4

Average commute

25.8 min

Largest reported origins and ancestries: German Americans (1,447), Norwegian Americans (570), Irish Americans (481).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Mille Lacs County. PPP loans are for Princeton.

Details

Unemployment rate

5.8%

Aug 2026, +0.8 pts in a year

Average annual pay

$48,600

9,490 jobs, 2025

Income per person

$55,146

BEA, 2024

Federal spending

$214M

FY 2026, $8,106 per person

PPP loans

$40.5M

508 loans, 4,274 jobs reported

Mille Lacs County economyFederal spendingPPP loans

How people get to work

Princeton, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone83.3%
  • Carpooled9.9%
  • Public transit1.0%
  • Walked0.6%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.2%
  • Worked from home4.9%

Average one-way commute: 25.8 minutes for people who do not work from home.

Environment and hazard risk

Princeton, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Very Low

Top: wildfire

Storm events since 1996

348

Countywide, mostly hail

Flood insurance policies

57

0.4% of homes, county

July high / Jan low

81° / 4°F

30.7 inches of rain a year

Hazards, floods and storm historyCheck a flood zone3 historic places

Health statistics

Share of adults in Princeton, MN, CDC PLACES estimates

All 40 measures

Obesity

36.9%

U.S. 33.3% +3.6 pts

Diabetes

11.6%

U.S. 12.1% -0.5 pts

Smoking

16.4%

U.S. 12.8% +3.6 pts

Uninsured (18-64)

8.9%

U.S. 11.1% -2.2 pts

ZIP codes in Princeton

1 in or overlapping Princeton. Population shown

·

Cities near Princeton

NameDistanceLand area (sq mi)
ZimmermanCity8.7 mi3.8
PeaseCity9.6 mi0.5
ForestonCity13 mi1.4
MilacaCity14 mi3.4
St. FrancisCity15 mi23.3
BockCity15 mi0.2
RonnebyCensus-designated place15 mi1
NowthenCity16 mi33.7
FoleyCity17 mi2.6
Big LakeCity17 mi7.2
Elk RiverCity17 mi42.3
IsantiCity18 mi5.1
CambridgeCity18 mi7.5
BeckerCity19 mi11.7
BethelCity19 mi1
OgilvieCity20 mi0.9

Frequently asked questions

What county is Princeton, MN in?
Princeton is in Mille Lacs County, Minnesota.
What ZIP codes are in Princeton, MN?
ZIP codes in or overlapping Princeton include 55371.
What is the population of Princeton, MN?
About 5,274 people live in Princeton, based on American Community Survey 5-year estimates.
What cities are near Princeton?
Nearby places include Zimmerman (8.7 mi), Pease (9.6 mi), Foreston (13 mi), Milaca (14 mi), St. Francis (15 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023