The City of Princeton

Overview

Princeton is "On the Growing Edge," of Minneapolis/St. Paul and part of the fastest growing area of Minnesota. A location less than an hour from downtown Minneapolis and an hour south of some of Minnesota's best lakes and recreation areas makes Princeton a convenient place to live and work. The City is situated in Mille Lacs and Sherburne Counties.

Commercial Transportation
Princeton has US-169 a four lane highway within city limits.

Commercial Property
In 2008 there was $176,555,200 in commercial assessed market value property.

Tax Rates
In 2008, the municipal tax rate was 63.50% and the county tax rate was 56.52%

Demographics
The population of Princeton in 2000 was 3,933 people that was spread 25.4% under the age of 18, 9.3% from 18 to 24, 26.8% from 25 to 44, 19.2% from 45 to 64, and 19.4% who were 65 years of age or older. The median age was 37 years. The median income for a household was $35,216 and the median income for a family was $42,558.