In the 1900s, Princeton was founded across the local railroad, specifically the Florida East Coast Railroad. It wasn’t called Princeton before though. The name before was unknown. It was called Princeton only because the founder, Gaston Drake, graduated from Princeton University. In fact, because of Drake’s influence with Princeton University, a lot of the buildings in this town were painted orange and black. According to Wikipedia, Princeton was a well known source of timber in Florida and was a major supply of timber for the Florida Keys and Cuba.
Contrary to the northern cities in Florida, Princeton has a much more diverse population. Although it is still crazy to say that “only” 50% of the population White (with 18% being Latino of these Whites). It is a significantly lower percentage than the average northern Miami city. It is also to note that English and Spanish has a 50-50 split in this city. This is also a rare happening, since lots of cities in Miami are majority consisting of Hispanic people. In most cases, Spanish is the favored language, with about 60-70% of the spoken language being Spanish.
Princeton is actually quite isolated in terms of business. It is more of a community rather than a business hotspot like Coral Gables or Miami Beach. It is not to say there aren’t any local businesses, but a vast majority of businesses are not finance based but rather exist to provide basic needs like food and clothing. With the occasional bank here and there for financial transactions, Princeton is more like a rural city that has a familiar and home like vibe rather than a Downtown Miami or Wall Street environment.