New Providence is a somewhat small borough located in the state of New Jersey. With a population of 12,469 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 91.83% 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 management occupations (16.56%), office and administrative support (12.12%), and sales jobs (10.76%).
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.
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.
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 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 66.07% 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 2010 was $57,902, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $231,608 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, German, English, and Polish.
In addition, New Providence has a lot of people living here who were born outside of the US (17.94%).
The most common language spoken in New Providence is English. Other important languages spoken here include Chinese and Spanish.