$172,874Average Value$112Average Price per Sq Ft29Homes For Sale
Princeton is a small city with all the essentials
A small city driven by industry, Princeton, Indiana is located about 30 miles north of Evansville. Many people end up here after taking a job at the Toyota plant but end up finding a long-term place to call home. Realtor Ray Stallings of DHI Realty Inc. was one of those people. He moved to Princeton more than 20 years ago to work at Toyota, but was won over by the friendly, rural city. “It’s just a small town with a really nice community,” he says. Though home to only about 8,300 residents, Princeton has all the essentials for shopping, dining and recreation. And for anything extra, Stallings says, “Evansville is less than 45 minutes away. We’ve got everything we need.”
Princeton is a mixture of rural and industrial influences.
Neighborhoods like Northbrook Hills and White Church Crossing are subdivisions in progress.
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Established housing in downtown Princeton and new developments on the outskirts
Housing in Princeton ranges widely, including everything from bungalows and cottages to new builds in subdivisions. The median home price is $184,000, which is well below the national median. Closer to the city center are modest, well-established cottages, bungalows and ramblers. These can range in price from the low $100,000s to the low $200,000s. On the outskirts of the city are newer neighborhoods, built to meet the high demand in Princeton and Gibson County at-large. “We do have a bit of a housing shortage,” says Stallings. “There are far more buyers than what’s available.” Neighborhoods like Northbrook Hills and White Church Crossing are two subdivisions in progress, with multiple lots for sale to build on. Homes in those neighborhoods can range from $250,000 to $450,000.
Closer to the city center are modest, well-established cottages, bungalows and ramblers.
Princeton is a small town with a really nice community.
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Toyota is a major fixture in Princeton
A major population driver in Princeton is the Toyota Motor Manufacturing plant. The 4.5 million square-foot facility opened in 1998 and employs over 7,500 people. It was originally built to produce the Tundra and Sequoia, but now builds the Highlander, Grand Highlander, Highlander Hybrid, Lexus TX and Sienna Hybrid. The plant also has a visitor’s center, where people can get a free tram-driven tour to see some of the production process. The Hansen Corporation, which specializes in synchron and DC motor production, is also a major employer in Princeton, as well as the Duke Energy Operations Center.
The Hansen Corporation is also a major employer in Princeton.
A major population driver in Princeton is the Toyota Motor Manufacturing plant.
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Water slides, walking trails and disc golf in Princeton
Princeton has plenty of outdoor space for those looking to enjoy the outdoors. South Side Park has a walking trail, basketball court and a disc golf course, while Lions Kiddieland is a small, neighborhood park with a playground. Lafayette Park has a pond for fishing, and for those hot summer days, Princeton Aquatic Center has a pool, water slides and splash area to cool off in.
Princeton Aquatic Center has a pool, water slides and splash area to cool off in.
Lafayette Park has a pond for fishing.
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Princeton has a walkable downtown and long-time local establishments
Downtown Princeton is a tidy, well-maintained area, especially surrounding the Gibson County Courthouse. The brick storefronts host a range of local businesses, including a diner, a café, a pizza shop and a boutique. While there is plenty of parking available, the sidewalks are well taken care of, and downtown is very pedestrian friendly. Located a few blocks off Main Street in a more residential area is Dick Clark’s Family Restaurant, an institution in Princeton since 1946 (and no, not that Dick Clark). They serve a variety of American fare, but Stallings is partial to the classic cheeseburger and fries. “They’ve got good ice cream too,” he says. For groceries, Princeton has Ruler Foods, IGA, Save-A-Lot and Walmart.
Dick Clark’s Family Restaurant has been an institution in Princeton since 1946.
Downtown Princeton is very pedestrian friendly.
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A small city with easy access to Evansville
Princeton is located at a junction of state highways 41 and 54. Drivers can take Highway 41 south to Evansville or 54 east to Louisville, Kentucky. The closest airport is Evansville Regional Airport which is 24 miles away and connects with major hubs like Charlotte, Atlanta, Chicago and Dallas-Fort Worth. Louisville Muhammad Ali International Airport is the closest international airport at 125 miles away. Deaconess Gibson Hospital is the closest hospital and is located right in Princeton.
Evansville is less than 45 minutes away from Princeton.
Drivers can take Highway 41 south to Evansville or 54 east to Louisville, Kentucky.
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Solid schools in Princeton, plus two private schools
Princeton is part of the North Gibson School Corporation district, which earns a B-minus on Niche. There’s a primary school for students in kindergarten through Grade 2, an intermediate school for grades three through five, a middle school for grades six through eight and a high school. There also two private schools in Princeton. One is a Catholic private school for students in preschool to fifth grade, and the other is a Christian private school for students aged 3 to eighth grade.
Bethel is a Christian private school for students aged 3 to eighth grade.
The student population of Princeton Comm Primary School is 414 and the school serves K-2.
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Important to know
The winters here are cold with some snow, while summers are very hot and humid. Stallings notes that they do deal with tornadoes, and though Princeton hasn’t been hit recently, neighboring communities have.
The city is served by the Princeton Police Department, but there is no crime data readily available.
Written By
Tanner Harding
Photography Contributed By
Cory Cornelius
Video By
Jacob Branchaud
Interested in learning more about homes in this area?
Reach out to
Kelly Bolhofner,
an experienced agent in this area.
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Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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