New Providence, NJ

Census Place

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2023 Population
13,577
0.132% 1-year decline
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2023 Median Age
44.7
2.52% 1-year increase
2023 Poverty Rate
2.11%
4.11% 1-year increase
2023 Median Household Income
$162,877
2.58% 1-year decline
2023 Median Property Value
$734,300
4.8% 1-year growth
2023 Employed Population
6,239
2.16% 1-year decline

About

In 2023, New Providence, NJ had a population of 13.6k people with a median age of 44.7 and a median household income of $162,877. Between 2022 and 2023 the population of New Providence, NJ declined from 13,595 to 13,577, a −0.132% decrease and its median household income declined from $167,188 to $162,877, a −2.58% decrease.

The 5 largest ethnic groups in New Providence, NJ are White (Non-Hispanic) (68.2%), Asian (Non-Hispanic) (16.4%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (6.2%), Other (Hispanic) (2.54%), and White (Hispanic) (2.11%).

None of the households in New Providence, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

90.9% of the residents in New Providence, NJ are U.S. citizens.

In 2023, the median property value in New Providence, NJ was $734,300, and the homeownership rate was 75.6%.

Most people in New Providence, NJ drove alone to work, and the average commute time was 34.2 minutes. The average car ownership in New Providence, NJ was 2 cars per household.

Population & Diversity

New Providence, NJ is home to a population of 13.6k people, from which 90.9% are citizens. As of 2023, 22.1% of New Providence, NJ residents were born outside of the country (3k people).

In 2023, there were 4.16 times more White (Non-Hispanic) residents (9.26k people) in New Providence, NJ than any other race or ethnicity. There were 2.23k Asian (Non-Hispanic) and 842 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

90.9%
2023 Citizenship
91%
2022 Citizenship

As of 2023, 90.9% of New Providence, NJ residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in New Providence, NJ was 91%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in New Providence, NJ compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in New Providence, NJ
  1. White (Non-Hispanic)
    9.26k ± 453
  2. Asian (Non-Hispanic)
    2.23k ± 347
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    842 ± 249
7.24%
Hispanic Population
983 people

In 2023, there were 4.16 times more White (Non-Hispanic) residents (9.26k people) in New Providence, NJ than any other race or ethnicity. There were 2.23k Asian (Non-Hispanic) and 842 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

7.24% of the people in New Providence, NJ are hispanic (983 people).

The following chart shows the 8 races represented in New Providence, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

22.1%
2023 Foreign-Born Population
3k people
18.5%
2022 Foreign-Born Population
2.52k people

As of 2023, 22.1% of New Providence, NJ residents (3k people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in New Providence, NJ was 18.5%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in New Providence, NJ compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Gulf War (2001-)
    119 ± 95
  2. Vietnam
    112 ± 71
  3. Korea
    70 ± 67

New Providence, NJ has a large population of military personnel who served in Gulf War (2001-), 1.06 times greater than any other conflict.

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Economy

The economy of New Providence, NJ employs 6.24k people. In 2023, the largest industries in New Providence, NJ were Professional, Scientific, & Technical Services (1,346 people), Educational Services (793 people), and Finance & Insurance (756 people), and the highest paying industries were Finance & Insurance ($208,981), Finance & Insurance, & Real Estate & Rental & Leasing ($208,565), and Wholesale Trade ($178,429).

Occupations

6.24k
2023 Value
± 596
−2.16%
1 Year decline
± 13.6%

From 2022 to 2023, employment in New Providence, NJ declined at a rate of −2.16%, from 6.38k employees to 6.24k employees.

The most common job groups, by number of people living in New Providence, NJ, are Management Occupations (1,161 people), Business & Financial Operations Occupations (632 people), and Office & Administrative Support Occupations (580 people). This chart illustrates the share breakdown of the primary jobs held by residents of New Providence, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

6.24k
2023 Value
± 596
−2.16%
1 Year decline
± 13.6%

From 2022 to 2023, employment in New Providence, NJ declined at a rate of −2.16%, from 6.38k employees to 6.24k employees.

The most common employment sectors for those who live in New Providence, NJ, are Professional, Scientific, & Technical Services (1,346 people), Educational Services (793 people), and Finance & Insurance (756 people). This chart shows the share breakdown of the primary industries for residents of New Providence, NJ, though some of these residents may live in New Providence, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$132,884
Median earning men ± $16,822
$70,172
Median earning women ± $12,558

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($212,639), Wholesale Trade ($178,214), and Information ($146,759).

The industries with the best median earnings for women in 2023 are Wholesale Trade ($250,001), Finance & Insurance, & Real Estate & Rental & Leasing ($207,708), and Manufacturing ($137,212).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.
Measure

In 2023, 1.22% of men over 25 years of age had not completed any academic degree (no schooling), while 1.18% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New Jersey.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.91M), Bachelors Degree (1.8M), and Some college (1.26M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in New Providence, NJ was $734,300 in 2023, which is 2.42 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $700,700 to $734,300, a 4.8% increase. The homeownership rate in New Providence, NJ is 75.6%, which is higher than the national average of 65%.

People in New Providence, NJ have an average commute time of 34.2 minutes, and they drove alone to work. Car ownership in New Providence, NJ is approximately the same as the national average, with an average of 2 cars per household.

Property

$734,300
Median Property Value 2023
±$33,815
$3,932
Median Property Taxes
±$336

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In New Providence, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in New Providence, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

75.6%
Homeownership
2023
59.2%
Homeowners with Mortgage
2023

In 2023, 75.6% of the housing units in New Providence, NJ were occupied by their owner. This percentage declined from the previous year's rate of 77.2%.

This chart shows the percentage of owner in New Providence, NJ compared it's parent and neighboring geographies.

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Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in New Providence, NJ colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$162,877
Median Household Income
± $8,540
5.2k
Number of Households
± 478

In 2023, the median household income of the 5.2k households in New Providence, NJ declined from $162,877 from the previous year's value of $167,188.

The following chart displays the households in New Providence, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for New Providence, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (55.7%)
  2. Worked At Home (27.3%)
  3. Public Transit (11.9%)

In 2023, 55.7% of workers in New Providence, NJ drove alone to work, followed by those who worked at home (27.3%) and those who used public transit to get to work (11.9%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

34.2 minutes
Average Travel Time

Using averages, employees in New Providence, NJ have a longer commute time (34.2 minutes) than the normal US worker (26.6 minutes). Additionally, 9.77% of the workforce in New Providence, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in New Providence, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in New Providence, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in New Providence, NJ have 2 cars.

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Poverty & Diversity

2.11% of the population for whom poverty status is determined in New Providence, NJ (285 out of 13.5k people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Males 55 - 64 and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in New Providence, NJ is White, followed by Asian and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

97.6% of the population of New Providence, NJ has health coverage, with 65.7% on employee plans, 3.36% on Medicaid, 19.7% on Medicare, 8.22% on non-group plans, and 0.6% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 8.3% increase from the previous year (1,181 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 343 patients per year.

By gender, of the total number of insured persons, 52.1% were men and 47.9% were women.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 25.9% under 18 years, 11.8% between 18 and 34 years, 39.7% between 35 and 64 years, and 22.6% over 64 years.

By gender, of the total number of insured persons, 52.1% were men and 47.9% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

2.43%
Uninsured
65.7%
Employer Coverage
3.36%
Medicaid
19.7%
Medicare
8.22%
Non-Group
0.6%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in New Providence, NJ grew by 33% from 1.83% to 2.43%.

The following chart shows how the percent of uninsured individuals in New Providence, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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