New Providence is a somewhat small borough located in the state of New Jersey. With a population of 13,519 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 91.06% 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 (18.65%), business and financial occupations (10.60%), and office and administrative support (10.46%). 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: 21.88% 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. In addition, New Providence is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums. 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 is lower than average for the country. In New Providence, however, the average commute to work is quite long. On average, people spend 32.94 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. 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.If knowledge is power, New Providence is a pretty powerful place. 69.62% 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 $83,403, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $333,612 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, Polish, and English. Foreign born people are also an important part of New Providence's cultural character, accounting for 18.51% of the borough’s population. The most common language spoken in New Providence is English. Other important languages spoken here include Langs. of India and Chinese.
