New Providence is a somewhat small borough located in the state of New Jersey. With a population of 13,519 people and three associated neighborhoods, New Providence is the 141st 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.
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.
Telecommuters are a relatively large percentage of the workforce: 21.88% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
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 is lower than average for the country.
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 32.94 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.
Despite being a small borough, New Providence has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get to good jobs in other cities.
Do you like to read, write and learn? If you move to New Providence, you'll likely find that many of your neighbors like to as well. New Providence is one of the more educated communities in America, with a full 69.62% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in New Providence in 2022 was $83,403, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $333,612 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, Polish, and English.
In addition, New Providence has a lot of people living here who were born outside of the US (18.51%).
The most common language spoken in New Providence is English. Other important languages spoken here include Langs. of India and Chinese.