New Providence borough, New Jersey
CityPopulation: 13,577 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for New Providence borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — New Providence borough
- What is the median household income in New Providence borough?
- The median household income in New Providence borough is $162,877 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in New Providence borough?
- The poverty rate in New Providence borough is 1.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in New Providence borough?
- $734,300 (U.S. Census Bureau ACS 2023).
- What is the average rent in New Providence borough?
- The median gross rent in New Providence borough is $1,906 per month (U.S. Census Bureau ACS 2023).
- What percentage of New Providence borough residents have a college degree?
- 66.6% of adults in New Providence borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
13,577
Median Income
$162,877
Median Home Value
$734,300
Poverty Rate
1.3%
Unemployment (ACS 2023)
3.3%
Median Age
44.0 yrs
Since 2019
Median Income:
+$19,205 (+13.4%)
Home Value:
+$127,200 (+21%)
Poverty Rate:
-0.6 pp (-31.6%)
Bachelor's+:
-2.3 pp (-3.3%)
Unemployment:
-1.8 pp (-35.3%)
Demographics
Total Population
13,577
Median Age
44.0
Female
48.0%
Race & Ethnicity
Hispanic or Latino 7.2%
White (non-Hisp.) 68.2%
Black 1.5%
Asian 16.5%
Two or More 8.9%
Other 2.6%
Asian Subgroups (% of total pop.)
Chinese
6.1%
Indian
5.8%
Filipino
2.5%
Korean
1.0%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Puerto Rican
0.6%
Mexican
0.5%
Cuban
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$162,877
±$8,540
+$61,827 vs. state
Per Capita Income
$223,831
Median Family Income
$191,154
Poverty Rate
1.3%
-5.7 pp vs. state
Child Poverty Rate
1.2%
Working-Age Poverty Rate
—
SNAP Recipients
2.1%
Social Security Income
—
Retirement Income
31.6%
Household Income Distribution
< $10k
0.7%
$10–15k
1.8%
$15–25k
3.0%
$25–35k
2.4%
$35–50k
2.3%
$50–75k
7.8%
$75–100k
10.9%
$100–150k
17.4%
$150–200k
15.1%
$200k+
38.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
5,500
Owner-Occupied
75.6%
Renter-Occupied
24.4%
Vacancy Rate
5.4%
Median Home Value
$734,300
+$306,700 vs. state
Median Gross Rent
$1,906
Owner Cost Burden (30%+)
21.2%
Renter Cost Burden (30%+)
27.3%
Home Value Distribution
< $50k
0.5%
$50–100k
0.3%
$100–200k
0.4%
$200–300k
4.8%
$300–500k
5.1%
$500k–$1M
73.2%
$1M+
15.6%
Gross Rent Distribution
$500–1k
8.8%
$1–1.5k
4.6%
$1.5–2k
45.1%
$2–2.5k
12.4%
$2.5–3.5k
15.1%
$3.5k+
14.1%
Vehicle Availability
No vehicle
5.2%
1 vehicle
32.6%
2 vehicles
45.8%
3+
16.4%
Housing Type
Single-fam. det.
65.6%
Single-fam. att.
3.2%
2–4 units
4.0%
5–19 units
4.7%
20+ units
13.7%
Housing Age
Pre-1940
10.6%
1940–1969
3.2%
1970–1999
10.1%
2000–2009
4.8%
2010+
11.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
95.8%
Bachelor's or Higher
66.6%
+23.7 pp vs. state
Graduate Degree
32.6%
Some College / Associate
9.0%
Less Than High School
3.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
60.9%
Unemployment Rate
3.3%
-2.9 pp vs. state
Work from Home
27.3%
Self-Employed
4.2%
Government Workers
16.0%
Private For-Profit
79.3%
Industry
Prof. Services
24.9%
Edu/Health
20.2%
Finance
13.4%
Manufacturing
9.5%
Arts/Entmt.
6.5%
Retail
5.2%
Construction
4.3%
Transportation
3.9%
Information
3.4%
Public Admin
3.0%
Wholesale
2.9%
Agriculture
0.2%
Occupation
Management
65.2%
Sales
17.5%
Food Prep
7.9%
Construction
4.9%
Production
4.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
34.2 min
Drove Alone
55.7%
Carpool
3.4%
Public Transit
11.9%
Work from Home
27.3%
Walked
1.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
5,201
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
67.2%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
30.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.6%
5–9
7.4%
10–14
8.4%
15–19
6.0%
20–24
2.7%
25–34
8.3%
35–44
13.1%
45–54
14.5%
55–64
6.6%
65–74
5.4%
75–84
13.9%
85+
5.0%
Under 18: 24.3%
Working age (18–64): 75.7%
65 and over: 23.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
22.1%
Naturalized Citizen
58.7%
Speaks English Less Than Very Well
8.5%
Foreign-Born Origin
Asia
53.7%
Europe
22.5%
Latin America
21.4%
Africa
0.8%
Veterans & Disability
Veteran
4.3%
With a Disability
6.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.6%
Uninsured
2.4%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
95.7%
Has a Computer
99.3%
Same House 1 Year Ago
94.5%
Moved from Abroad
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023