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.
New Providence is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The borough’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Providence. 68.92% 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 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.