Town Hall · Princeton

Princeton, IN town hall & government

Princeton spent $21.3 million in the year to December 31, 2024, about $2,543 per resident.

Where the money goes, where it comes from, property taxes, and how to reach Princeton's government.

Town budget

Where Princeton's money goes

Spent
$21.3 million
fiscal year to December 31, 2024
Per resident
$2,543
typical Indiana cities: $2,259
Long-term debt
$11.6 million
$1,388 per resident
Sewer & trash
$3.3 million15%
Fire
$3.1 million14%
Water & other utilities
$2.6 million12%
Police
$2.4 million11%
Interest on debt
$494,0002%
Administration & buildings
$428,0002%
Parks & libraries
$401,0002%
Courts, inspections & corrections
$58,000<1%
Roads & transportation
$32,000<1%
Other
$8.6 million40%

Where the money comes from

  • Utility sales 36%
  • Property taxes 30%
  • Fees & charges 20%
  • From the state 13%
  • Sales taxes <1%
  • Interest, fines & other <1%
  • From other local governments <1%
  • From the federal government <1%
  • Other taxes & licenses <1%
Town workforce

Who works for Princeton

Full-time staff
55
no part-time staff
Average full-time pay
$67,700
a year, before benefits
Sworn police officers
14
and 9 full-time firefighters
Police
15 full-time
Fire
9 full-time
Sewer & trash
8 full-time
Water & other utilities
8 full-time
Roads & transportation
6 full-time
Administration & buildings
5 full-time
Parks & libraries
3 full-time
Health & welfare
1 full-time

Staff on the town's payroll in March 2025. Pay is March payroll times twelve, so it's approximate.

Schools · school year 2023–24

North Gibson School Corporation

Princeton's K–12 school district, shared with Hazleton, Patoka, Patoka, Washington and White River. It is its own government, with a budget separate from the town's.

Spending per pupil
$14,365
Indiana: $13,688
Students
1,917
in the whole district
Long-term debt
$27.1 million
at year end

Where the district's money comes from Indiana districts overall: 33% local, 56% state, 11% federal

  • Local 38%
  • State 52%
  • Federal 10%

Of the $14,365 per pupil, $7,647 goes to classroom instruction (teachers, aides, supplies); the rest to support services such as buses, buildings, counselors and administration. Building projects and debt payments aren't in the per-pupil figure.

Property tax

What homeowners in Princeton pay

Typical tax bill
$1,075
a year · Indiana typical $1,614
Effective rate
0.84%
of home value · Indiana 0.74%
Typical home value
$128,700
owner-occupied

The median yearly bill homeowners report, covering every local property tax on the home (town, schools, county). The effective rate is that bill divided by the median home value, so it's a rough guide, not the official tax rate.

Local

Contact Princeton's government

🏛️ Official websiteprinceton-indiana.com ↗

Town hall & decisions in Princeton →

Beyond town hall

Who represents Princeton

Princeton is represented in Congress by Senators Todd Young and Jim Banks and Representative Mark B. Messmer. Mike Braun is governor.

All of Princeton's representatives, with contacts →

Budget: U.S. Census Bureau, 2022 Census of Governments: Finance (every city and town government's revenue, spending and debt, grouped into plain categories). Property tax: Census American Community Survey, 5-year estimates.

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