New Providence is a medium-sized borough located in the state of New Jersey. With a population of 13,957 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.New Providence is a decidedly white-collar borough, with fully 90.16% 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 (18.26%), business and financial occupations (10.49%), and office and administrative support (9.98%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 27.71% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. 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 30.25 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. In New Providence, a lot of people use the train to get to work every day though New Providence is a relatively small borough. Those that ride the train are primarily traveling out of town to good jobs in other cities.If knowledge is power, New Providence is a pretty powerful place. 67.62% 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 2022 was $83,870, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $335,480 for a family of four. New Providence is an extremely 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. New Providence also has a high percentage of its population that was born in another country: 22.07%. The most common language spoken in New Providence is English. Other important languages spoken here include Spanish and Langs. of India.
