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Downtown Princeton at SunsetPhoto: Wdyo222 · CC BY-SA 4.0
Town Hall · Princeton

Princeton spent less per resident in 2022 than 69% of similar cities

Princeton’s city government spent $3.9 million on day-to-day services in the year to June 30, 2023, about $632 per resident.

Town website
Election Day

Today

General election in Kentucky.

Register or check: vote.gov ↗
Day-to-day spending, 2023
$3.9M
year to June 30, 2023
Per resident, 2023
$632
In 2022: $561, less than 69% of 85 similar cities
Long-term debt
$2.7M
end of FY2023, reported
City staff, 2022
32
full-time · 8 part-time · March payroll $113,047
Typical tax bill
$535
0.55% of home value · KY 0.75%

What stands out about how Princeton is run

Read from the city’s budget and official records.

Compared with similar places

$561 per resident in 2022: less than 69% of them

Princeton’s day-to-day spending in 2022 ($561 per resident, hospital and utilities left out) against 85 Kentucky cities of 2,500–9,999 that don’t run their own schools: the median was $695, and the middle half spent $519–$1,027. Princeton spent less than 69% of them.

Middle half of the group, $519–$1,027Median $695Princeton

Later years come from a Census sample, so the comparison stays on 2022. How Town Hall compares budgets →

The group
85

Kentucky cities of 2,500–9,999 that don’t run their own schools, 2022 Census of Governments (every government counted that year; Princeton itself left out).

Your share of the 2023 budget

About $632 per resident a year, or $1.73 a day

Day-to-day services only. The biggest line: police, at 38%.

Where the money comes from
Income taxes 44%From the federal government 23%Sales taxes 13%Property taxes 11%From the state 3%Interest, fines & other 3%Fees & charges 2%From other local governments 1%Other taxes & licenses <1%
Not in the receipt.Interest on debt $108,000. With these, the whole budget was $4 million.
Over the years

Day-to-day spending is up 15% since 2022

Day-to-day services, in dollars, in the years Princeton reported to the Census Bureau. Prices rose too: about 4% a year in 2022–2024.

Day-to-day spending by fiscal year

2022$3.4 million
2023$3.9 million

Per resident: 2022: $561 · 2023: $632.

Building projects, interest and enterprises (hospital, utilities) are left out, so a big construction year doesn’t read as growth.

Property tax

The typical homeowner pays $535 a year

Every local property tax on the home: town, schools and county. About 0.55% of the home’s value, vs 0.75% across Kentucky.

What homes cost →

Typical yearly bill next door and statewide

Kentucky$1,544
Princeton$535
$535
typical bill a year
0.55%
effective rate
$96,600
typical home value (Census)
Your own bill

The Housing page’s calculator splits a monthly payment into loan, tax and insurance at Princeton’s rate.

Can I afford it? →

The median bill homeowners report to the Census survey (bills of $10,000+ are reported as “$10,000+”). The effective rate is that bill ÷ the median home value: a rough guide, not the official tax rate.

Tax bills are one input to Princeton’s Cost of living grade. Cost of living in Princeton →

Who runs it

Who’s in charge in Princeton

Names change after every election, so we link to the source that keeps them current.

See princeton.ky.gov for Princeton’s current officialsWe name an official only when a public source lists a current term. None does for Princeton yet.princeton.ky.gov ↗
Agendas

Princeton’s meeting calendar isn’t in our feed yet. The city posts agendas and minutes on princeton.ky.gov ↗.

Who works for Princeton

One full-time city employee for every 194 residents

On the payroll in March 2022, from the Census Bureau’s Annual Survey of Public Employment & Payroll. Residents: the Census population in the 2023 finance file (6,204).

By department full-time, plus part-time, March 2022

Police18 + 1 pt
Roads & transportation10
Administration & buildings3 + 7 pt
Fire1
32
full-time
8
part-time
$113,047
payroll for March 2022
$1.4M
a year, estimated (March × 12)
$40,500
average full-time pay, before benefits (March × 12)
17
sworn police officers
1
full-time firefighters
Compared, 2022.Princeton had 5.3 full-time staff per 1,000 residents in March 2022. The median for the 58 of the 85 Kentucky cities of 2,500–9,999 that don’t run their own schools that reported 2022 staff was 6.7: Princeton had fewer than 59% of them. Same group and year as the budget comparison.

The Census reports one month’s payroll (March); yearly figures are that month × 12, an estimate. Part-timers count half in the bar lengths.

The school district

Caldwell County School District

Princeton’s K–12 school district, shared with Fredonia. It’s its own government, with a budget separate from the town’s.

Schools in Princeton →
$11,642
per pupil · KY $14,752
1,905
students
$10.3 million
long-term debt

Of the $11,642 per pupil, $6,674 goes to the classroom (teachers, aides, supplies); the rest to buses, buildings, counselors and administration. Building projects and debt payments aren’t in the per-pupil figure.

The district: schools, scores and graduation →

Where the district’s money comes from
Local 21%State 48%Federal 31%

Kentucky districts overall: 37% local, 46% state, 17% federal.

School year 2023–24. Census Bureau school finance survey.

Elections · 2024 general election

Princeton’s votes are counted by county

Kentucky reports official results by county and precinct, not by city, so there are no official results for Princeton alone, and we don’t estimate them. These are Caldwell County’s results.

President · Caldwell County’s results6,188 votes · results as certified
Donald J TrumpDonald J TrumpRepublican78.5%4,860 votes
Kamala D HarrisKamala D HarrisDemocrat20.3%1,256 votes

Others: 1.2% (72 votes).

Most votes in Caldwell County: Donald J Trump

Kentucky: Trump 64.5%, Harris 33.9%

The county’s page

100% of Princeton lies in Caldwell County. Every 2024 race in Caldwell County is on the county’s page.

Caldwell County’s 2024 results →
DemocratRepublicanLibertarianIndependent / other

Official 2024 general election returns, as certified (MIT Election Data + Science Lab). Percentages are of votes for candidates; blank and spoiled ballots aren’t counted. Candidates are listed by votes, and party colors are neutral on purpose.

Portraits: Kamala D Harris: official vice-presidential portrait, Lawrence Jackson, The White House, 2021; Donald J Trump: official portrait, Shealah Craighead, The White House, 2017. All are U.S. government works in the public domain. A race shows photos only when every candidate has an official portrait; otherwise every candidate in it gets initials.

Who represents Princeton

From town hall to Washington

Every level of government that speaks for Princeton.

2024 results ↑
  1. 1
    Your cityMayor & council
  2. 2
    Kentucky HouseState representatives
  3. 3
    Kentucky SenateState senator
  4. 4
    GovernorStatewide
  5. 5
    U.S. HouseYour representative in Congress
  6. 6
    U.S. SenateBoth represent all of Kentucky

Democrat · Republican · other or independent. Tap a name for their official page.

Reach Princeton’s government

The official site has phone numbers, hours and forms. Neighbors add the rest to the Handbook.

The Handbook →

Questions about Princeton’s government

How much does Princeton spend per resident?

About $632 per resident on day-to-day services in the year to June 30, 2023, as reported to the Census Bureau. In 2022, the last full count, its $561 was less than 69% of 85 Kentucky cities of 2,500–9,999 that don’t run their own schools.

What is the property tax rate in Princeton?

Homeowners report a typical bill of $535 a year (Census ACS, 2020–24), about 0.55% of the typical home’s value, vs 0.75% across Kentucky. For the official rate per $1,000 of assessed value, see princeton.ky.gov.

Who runs Princeton’s government?

See princeton.ky.gov for current officials. We name an official only when a public source lists a current term, and none does for Princeton yet.

How did Princeton vote in 2024?

Kentucky counts votes by county and precinct, not by city, so there are no official results for Princeton alone. Caldwell County, where 100% of Princeton lies, voted Trump 78.5%, Harris 20.3% for president; its page has every race.

How many people work for Princeton?

32 full-time and 8 part-time employees in March 2022, with a March payroll of $113,047 (about $1.4M a year if every month were the same), as reported to the Census Bureau.

Who represents Princeton in the state legislature?

State Senate District 3 (Craig Richardson) and State House District 8 (Walker Thomas). The House district also covers four other towns. Listed by Open States; districts from the Census Bureau.

Ask neighbors about Princeton’s government

Neighbors who’ve been to the meetings can help.

Town Square →
Ask neighbors

Budget and staff: U.S. Census Bureau, Census of Governments (2022, every government) and Annual Survey of State and Local Government Finances (2023–24, a sample) and the Annual Survey of Public Employment & Payroll; day-to-day spending is current operations, with hospitals, utilities and airports apart. School district: Census school finance survey, 2023–24. Property tax: Census American Community Survey, 2020–24. Elections: official 2024 returns via the MIT Election Data + Science Lab; turnout uses Census citizen voting-age population (CVAP, 2020–24). Officials: Open States, names shown only with a current term (checked October 9, 2026). Districts: Census Bureau (119th Congress, 2024 state districts); legislators: Open States and congress-legislators. How Town Hall works →