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. Because of many things, New Providence is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, New Providence really has some of the features that families look for when choosing a good community to raise children. Is New Providence perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live. One downside of living in New Providence, however, is that residents on average have to contend with a long commute, spending on average 30.25 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead. 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. 67.62% 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 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. Foreign born people are also an important part of New Providence's cultural character, accounting for 22.07% 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.
