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Princeton is in central New Jersey, roughly equidistant between the cities of New York City and Philadelphia. Although best known for Princeton University, the town boasts several other prestigious academic institutes and research centers, while also serving as home to a number of leading national and international corporations. According to census estimates, Princeton was home to approximately 13,500 residents in 2007.
Some of the leading industries in the city are educational, healthcare and social assistance.
Major employers in the city are Rockwood Holdings Inc., Covance Inc., Berlitz International Inc., and The Trustees of Princeton University.
Education is the principal job provider in Princeton, employing nearly a third of the town's residents. Food service is also a major source of employment. Major corporations with headquarters in Princeton include Tyco International, Church & Dwight, and Covance, one of the largest drug developing companies in the world.
A largely affluent community, Princeton was ranked 15th in Money Magazine's annual list of the "Top 100 Towns in the United States to Live and Work In" in 2005.
Princeton's main street is Nassau Street, which borders on the university and features shops and restaurants set in vintage buildings, with side streets of Victorian houses branching out.
The campus of Princeton University is spread across both the borough and the township, with portions of the school also within the boundaries of nearby West Windsor, New Jersey. Founded in nearby Elizabeth in 1746, the school moved to Princeton a decade later. Originally called the College of New Jersey, the school was rare among American colleges during the period for not having a specific religious affiliation. The college was renamed Princeton University in 1896.
Currently, Princeton has the largest per-student financial endowment in the world. It is classified as a "research university" and is renowned for its broad liberal arts curriculum. Twenty-nine Nobel laureates have graduated from the school.
Other schools in the Township of Princeton include:
In 1947, New Jersey declared school segregation unconstitutional. Princeton's lower schools soon became the model for how to approach the problem of integration; the process was eventually referred to as the "Princeton Plan."
Princeton's local rail service is colorfully nicknamed the "Dinky." Taking its name from both from the diminutive size of the rail line and the system's archaic locomotive terminology, the commuter train connects Princeton University with NJ Transit's Northeast Corridor line at Princeton Junction. The service dates back to 1865, when a realignment of the railroad route between New York and Philadelphia moved standard rail service to a point just east of Princeton. The "Dinky" consists of a single rail car. Princeton Junction station is located three miles from Princeton station, in the town of West Windsor.
Drivers are served by Interstate 95, which takes commuters to both New York City and Philadelphia, and Interstate 295. U.S. routes 1 and 206 connect Princeton to Trenton, the state's capital. State Highway 27, along with U.S. 206, runs through the center of Princeton.
The Princeton University athletics department is best known for its men's basketball program. From 1967 to 1996, under legendary coach Pete Carril, the school won 13 conference titles, made 11 trips to the NCAA tournament and won one NIT title. Carril and the school later became famous for the "Princeton Offense," a methodical, pass-oriented attack.
Princeton, then known as the College of New Jersey, participated in what is considered the first intercollegiate football game in the history of the sport. The traveling squad lost to Rutgers in New Brunswick, 6-4.
WPRB 103.3, currently Princeton's lone radio station, is a student-run, non-profit station broadcasting mostly independent music and sporting events. It was once named best college station in the United States by Spin Magazine.
Due to its proximity to both New York and Philadelphia, Princeton receives TV and radio broadcasts from both cities.