New Providence is a somewhat small borough located in the state of New Jersey. With a population of 13,595 people and two constituent neighborhoods, New Providence is the 164th largest community in New Jersey.
New Providence home prices are not only among the most expensive in New Jersey, but New Providence real estate also consistently ranks among the most expensive in America.
New Providence is a decidedly white-collar borough, with fully 90.79% of the workforce employed in white-collar jobs, well above the national average. Overall, New Providence is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in New Providence who work in business and financial occupations (14.05%), management occupations (13.58%), and sales jobs (9.30%).
Also of interest is that New Providence has more people living here who work in computers and math than 95% of the places in the US.
Of important note, New Providence is also a borough of artists. New Providence has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New Providence’s character.
In addition, New Providence is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, New Providence is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, New Providence really has some of the features that families look for when choosing a good community to raise children. Is New Providence perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in New Providence, however, is that residents on average have to contend with a long commute, spending on average 34.67 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
In New Providence, a lot of people use the train to get to work every day though New Providence is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.
If knowledge is power, New Providence is a pretty powerful place. 68.92% of the adults in New Providence have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in New Providence in 2018 was $70,292, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $281,168 for a family of four.
New Providence is a very ethnically-diverse borough. The people who call New Providence home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New Providence residents report their race to be White, followed by Asian. Important ancestries of people in New Providence include Italian, Irish, German, Polish, and English.
Foreign born people are also an important part of New Providence's cultural character, accounting for 17.44% of the borough’s population.
The most common language spoken in New Providence is English. Other important languages spoken here include Spanish and Langs. of India.