Jobs & Economy in Princeton
Princeton's economy runs on a real, distinct concentration of academic, research, and pharmaceutical employment anchored by Princeton University, the Institute for Advanced Study, and Bristol Myers Squibb.
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Learn morePrinceton University: a genuine economic anchor
Princeton University holds the nation's fifth-largest university endowment ($35.7 billion as of June 2025), driving substantial direct and indirect regional employment beyond its own genuinely selective admissions profile.
Bristol Myers Squibb's real corporate headquarters
Bristol Myers Squibb, a real Fortune 500 pharmaceutical company, is genuinely headquartered in Princeton -- one of the named anchors of New Jersey's own pharmaceutical-corridor identity.
The Institute for Advanced Study: a distinct research anchor
A real, independent research institution genuinely separate from the university, whose past resident scholars include Albert Einstein -- a further, distinct driver of Princeton's high-wage academic economy.
Key takeaways
- Princeton University's $35.7 billion endowment anchors substantial direct and indirect regional employment.
- Bristol Myers Squibb's real headquarters anchors Princeton's role in New Jersey's pharmaceutical corridor.
- The independent Institute for Advanced Study adds a further, distinct high-wage research anchor.
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