New Providence, NJ
REAL ESTATE & DEMOGRAPHIC DATA






New Providence profile


Living in New Providence


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". 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 is that it can take a long time to commute to work. In New Providence, the average commute to work is 34.67 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative.

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.

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.


Real Estate in Popular New Providence Neighborhoods

Zip Codes in New Providence, NJ