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| What Princeton is like for active adults |
The college town of Princeton, New Jersey is the perfect retirement community for many baby boomers. The town (population 13,000) is picture-perfect with the ivied campus of Princeton University (established in 1756) as the centerpiece to an exquisite downtown. The graceful streets feature first class shopping and restaurants. The cultural opportunities in Princeton are superb because of the university and its proximity to NY and Philadelphia. CNN/Money rated Princeton 15th on its list the 100 Best Places to Live in the U.S.
The town of Princeton, NJ is rich in history as well as culture. George Washington won the Battle of Princeton over Cornwallis in 1777. The Continental Congress met briefly in Princeton’s Nassau Hall, making it the country’s capital for 4 months.
Active adults 55+ will find a wealth of opportunities for independent as well as assisted living in the area, as developers have targeted this group as a burgeoning market for retirement communities. give way to a variety of upscale housing choices, including many communities catering to active adults in the surrounding area. Property values have slid, 2009 City-Data.com data suggests that the average home sold for about $400,000.
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| What is special about this retirement community |
| • College town atmosphere • Princeton Theological Seminary • Drumthwacket – the New Jersey Governor’s Mansion • Nassau Hall • Rich in culture |
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| What is not special about this retirement community |
| • Traffic can become intense at times
• This is an expensive place to live
• Overdevelopment is always a threat |
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| What kinds of people like retiring here |
| Besides thousands of college students, many wealthy people live in Princeton. Some of the nation’s largest corporations are headquartered here including Dow Jones. The culture and ambience provided by the university make for a desirable retirement community. Use this link for a page that explains the various types of retirement communities |
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| Local economy is driven by |
| In addition to the strong economic presence of the University, the area is also robust because so many large corporations have their international headquarters here. |
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| Physical environment |
| Princeton is situated in the gently rolling flatlands of New Jersey. Carnegie Lake is a beautiful body of water in town where the Princeton crew races. |
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| Cultural environment |
| Princeton is a cultural feast - everywhere there are cultural opportunities. The public library is quite well renowned. The McCarver Theatre, plus several museums and the Scheide Library and its rare book collection at Princeton. |
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| Medical facilities |
| • Medical Center at Princeton
• Carrier Clinic Foundation (Lawrenceville) |
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| Transportation |
| • Newark International Airport
•The railroad has a stop on the Princeton campus! (Princeton Junction) |
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Facts about PRINCETON
- State: NJ
- Environment: Suburban,College Town,
- City Population: 10,000-25,000
- Median age of Population: 25-44
- Avg Jan Temperature: 21-40
- Median HH Income: 80,000+
- Average Home Price (MLS): $300,001-$500,000
- Annual Property Tax on a $200,000 house: 2000-4000
- Total Crime Index: 81-90 (low)
- Cost of Living Index: 121+ (very high)
- Culture Index: 121+ (very high)
- State Sales Tax: Yes
- State Income Tax: Yes
- Name of the Guide: fran
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Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts |
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Vote on the Ratings for Princeton |
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Update Your Ratings |
1. Overall Retirement Ratings
1. Rating: 3.0/5 ( 5 votes cast)
2. Expense:
Inexpensive to Luxury
2. Rating: 4.0/5 ( 3 votes cast)
3. Taxes:
Inexpensive to Expensive
3. Rating: 2.5/5 ( 2 votes cast)
4. Culture:
None to Cosmopolitan
4. Rating: 3.5/5 ( 2 votes cast)
5.Recreation:
None to Summer camp
5. Rating: 3.5/5 ( 2 votes cast)
6. Transportation:
Boondocks to World Hub
6. Rating: 4.0/5 ( 1 vote cast)
7. Security:
Dangerous to Ft. Knox
7. Rating: 4.0/5 ( 1 vote cast)
8. Medical Facilities:
None to Excellent
8. Rating: 5.0/5 ( 1 vote cast)
9. Political Situation:
Conservative to Liberal
9. Rating: 4.0/5 ( 1 vote cast)
10. Environmental:
Oblivious to Ultra-Green
10. Rating: 4.0/5 ( 1 vote cast)
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