Economy & Jobs — Princeton, Minnesota

Income & Employment

Median Household Income (Census)$62,219
Estimated 2026~$59,800
Per Capita Income$31,304
Poverty Rate8.5%
Unemployment Rate1.6%
In Labor Force2,647

Top Industries

IndustryShare
Manufacturing21.5%
Education Healthcare20.9%
Retail14.6%

Local Businesses (County)

TypeCount
Full Service Restaurants31
Gas Stations21
Real Estate Offices14
Fast Food14
Auto Repair11
Insurance Agencies9
Commercial Banks8
Law Offices8
Liquor Stores7
Dental Offices7
Chiropractors7
Hotels Motels7
General Merchandise6
Used Car Dealers6
Beauty Salons6
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.