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 90.59% 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 (18.61%), business and financial occupations (10.13%), and office and administrative support (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. A relatively large number of people in New Providence telecommute to their jobs. Overall, about 27.29% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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", 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. 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. 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 32.38 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.Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New Providence. 66.64% 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 $86,023, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $344,092 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, English, and Polish. In addition, New Providence has a lot of people living here who were born outside of the US (22.06%). The most common language spoken in New Providence is English. Other important languages spoken here include Spanish and Chinese.
