In addition, New Providence is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, New Providence is a great place for families with children to consider. First of all, many other families with children live here, making New Providence a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, New Providence has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, New Providence’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in New Providence, however, is that residents on average have to contend with a long commute, spending on average 32.38 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.
Even though New Providence is a smaller borough, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Providence. 66.64% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in New Providence in 2022 was $86,023, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $344,092 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 Irish, Italian, German, English, and Polish.
Foreign born people are also an important part of New Providence's cultural character, accounting for 22.06% of the borough’s population.
The most common language spoken in New Providence is English. Other important languages spoken here include Spanish and Chinese.
