Home values, rents and more in ZIP code 08540 (Princeton, NJ)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 08540 in ProMap- Under $460k
- $460k–$560k
- $560k–$640k
- $640k–$730k
- $730k+
- No data
How 08540 compares
The typical home in ZIP code 08540 (Princeton, NJ) is worth about $963,000, according to the Zillow Home Value Index for September 2026. Home values in 08540 are 2.2 times the typical value in the Trenton metro area ($440,000) and 2.6 times the U.S. typical value ($366,000).
Over the past year, home values in 08540 rose 3.1%, compared with +0.2% in the Trenton metro area and +1.2% nationally.
Typical rent is $3,341 a month (Zillow Observed Rent Index), 32% above the Trenton metro area ($2,523) and 1.7 times the U.S. ($1,932). Rents rose 4.0% over the past year.
The median household income is $176,983, against $100,645 in the Trenton metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 50,388 people live in 08540 (American Community Survey 2020–24).
08540 has the 2nd-highest typical home value of the 19 ZIP codes in the Trenton metro area and the 78th-highest of 546 in New Jersey with Zillow figures.
Part of: Princeton, NJ · Mercer County, NJ · Trenton metro area · New Jersey
More for 08540 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
- 08873 · Somerset $570,000
- 08844 · Hillsborough Township $672,000
- 08648 · Lawrence Township $466,000
- 08550 · West Windsor Township $1,010,000
- 08536 · Plainsboro $662,000
- 08852 · Monmouth Junction $695,000
- 08824 · Kendall Park $725,000
- 08534 · Pennington $670,000
- 08502 · Belle Mead $1,006,000
- 08823 · Franklin Park $418,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.