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Princeton, Texas Reports 30.6% Population Growth Amid Rising Demand for Affordable Housing

Affordable solar-powered homes in Princeton, Texas.

Princeton, Texas, August 13, 2025

Princeton Real Estate

Established over two decades ago, Princeton Real Estate has built a reputable presence in the property market, specializing in residential, commercial, and luxury real estate services. Founded in 2001, the company has grown from a small local agency into a regional leader known for its dedication to client satisfaction and market expertise. Throughout its history, Princeton Real Estate has successfully facilitated numerous property transactions, earning a trusted reputation within the community. The firm emphasizes innovation, integrity, and personalized service, continually adapting to market changes and technological advancements to better serve its clients. Today, Princeton Real Estate remains committed to providing exceptional real estate solutions while maintaining its core values of honesty and professionalism.

News Summary

Princeton, Texas, has become the fastest-growing city in the U.S., with a 30.6% rise in population, reaching over 37,000 residents. This growth is attributed to the demand for affordable housing and favorable living conditions. The COVID-19 pandemic has driven many to seek homes in lower-tax, affordable areas. While other Texas cities are also growing, challenges regarding real estate affordability remain, reflecting a nationwide trend towards seeking financial stability in post-pandemic America.

Princeton, Texas Reports 30.6% Population Growth Amid Rising Demand for Affordable Housing and Solar-Powered Homes

Princeton, Texas, located in Collin County, has emerged as the fastest-growing city in the United States, with a remarkable population increase of 30.6% recorded between July 2023 and July 2024. The city’s population has soared to over 37,000, a significant rise from just 17,027 residents in the year 2000, reflecting a transformative demographic shift in the region.

Following Princeton, Fulshear, Texas, has also shown notable growth, with a 26% increase, reaching approximately 54,629 residents. The growth trend extends beyond Texas, with Leesburg, Florida, witnessing an 18.5% population increase, now boasting around 37,815 residents. Celina, Texas, located in the Dallas-Fort Worth metroplex, experienced an 18.2% growth rate to about 51,661 residents, while Anna, Texas, saw a rise of 14.6%, bringing its total to about 32,000.

The rapid growth of these cities is largely attributed to changes in living and working patterns resulting from the COVID-19 pandemic. Many individuals have shifted towards remote work, encouraging migrations to low-tax, affordable regions, particularly in the Sun Belt. The U.S. Census Bureau provided updated growth data earlier in 2025, highlighting these demographic trends over the past year.

Attractive Qualities of Princeton and Surrounding Areas

Several factors have contributed to the influx of new residents in Princeton and other rapidly growing cities. Affordable real estate options combined with the absence of a state income tax are appealing to families and individuals seeking greater financial stability. Additionally, favorable weather conditions in Texas and Florida make these regions attractive destinations.

While the overall trend of population growth in southern states has shown signs of slowing down as observed in 2025, these areas continue to experience significant growth compared to traditional urban centers. Some other fast-growing metropolitan areas include Ocala, Florida, with a 4% population increase, Panama City, Florida, and Myrtle Beach, South Carolina, both at 3.8%, and Lakeland, Florida, with a 3.5% growth rate. Observations indicate that residents are increasingly drawn to regions with strong job markets and affordable housing as they depart from expensive coastal cities.

Real Estate and Affordability Challenges

Despite the rapid growth in these areas, challenges persist regarding affordability, especially in traditionally expensive urban areas. The current trends hint at a potential market correction in real estate prices, as more individuals find housing options within their budget in these newly emerging cities.

Exploring New Neighborhoods

Individuals interested in relocating may find it beneficial to utilize neighborhood search tools that help identify emerging areas based on various factors, including cost of living, school quality, and crime rates. These tools can guide potential residents in making informed decisions about their next home.

The changing dynamics in Princeton and its neighboring cities illustrate a more extensive national trend towards affordable living and a shift in where people choose to reside in the post-pandemic world.

Frequently Asked Questions

What is the recent population growth percentage for Princeton, Texas?

Princeton, Texas has experienced a population growth of 30.6% between July 2023 and July 2024.

What factors are contributing to the growth in Princeton and other Texas cities?

The growth is largely driven by the COVID-19 pandemic, leading to remote work opportunities and a migration to low-tax, affordable regions.

What are some other fast-growing cities in the U.S.?

Fulshear, Texas, has a growth rate of 26%, followed by cities like Leesburg, Florida, at 18.5%, and Celina, Texas, at 18.2%.

What are the housing market trends in these growing areas?

There are ongoing challenges regarding affordability, especially in traditionally expensive cities, and there could be a potential market correction in real estate prices.

Where can potential residents find more information about neighborhoods?

Neighborhood search tools can help individuals explore emerging areas based on cost of living, school quality, and crime rates.

Key Features of Princeton’s Population Growth

Feature Data
City Princeton, Texas
Population Growth Rate (2023-2024) 30.6%
Current Population Over 37,000
Previous Population (2000) 17,027
Key Drawbacks Affordability challenges
Key Attractions Affordable housing, no state income tax, favorable weather
Other Fast-Growing Cities Fulshear, Celina, Anna, Leesburg

Deeper Dive: News & Info About This Topic

HERE Resources

Princeton, Texas Leads Population Growth Among U.S. Cities
Princeton NuEnergy to Establish $11M Lithium Battery Recycling Plant in Chester County, Boosting South Carolina’s Green Energy Drive

Additional Resources

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Author: STAFF HERE MYRTLE BEACH

The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.

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