Pros and Cons of Living In New Providence, New Jersey. Is New Providence, NJ a Nice Place To Live or Retire?

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New Providence, New Jersey

Moving to New Providence In New Jersey ? Is New Providence, NJ a Nice Place To Live? Pros and Cons of Living in New Providence, New Jersey. Find out the best and worst about to live, raise a family or retire in New Providence.

DEMOGRAPHICS

Population
13382
Unemployment
3.1%
34% NAT AVG.
Poverty
1.9%
86% NAT AVG.
Cost Of Living
154
54% NAT AVG.

ECONOMICS

Median Home Cost
$631000
175% NAT AVG.
Median Income
$149718
122% NAT AVG.
Median Rent
$1784
54% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
58
82% NAT. AVG.
69% STATE AVG.
Violent Crime
3
94% NAT. AVG.
89% STATE AVG.
Property Crime
55
80% NAT. AVG.
65% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 53
Unemployed People
1 in 32
People Earning < $10,000
1 in 63
People Earning < $50,000
13.2%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity New Providence USA
White 73.5% 60.1%
African American 0.8% 12.2%
American Indian 0% 0.6%
Asian 15.8% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.6% 2.8%
Hispanic 6.3% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New Providence USA
Less than $10,000 1.6% 5.8%
$10,000 to $14,999 1.3% 4.1%
$15,000 to $24,999 3.6% 8.5%
$25,000 to $34,999 2.3% 8.6%
$35,000 to $49,999 4.4% 12.0%
$50,000 to $74,999 4% 17.2%
$75,000 to $99,999 13.2% 12.8%
$100,000 to $149,999 20.1% 15.6%
$150,000 to $199,999 14.3% 7.1%

EDUCATION

Education New Providence USA
< 9th Grade 0% 5.0%
9-12th Grade 1% 7.0%
High School or GED 13% 27.0%
Other College 9% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 36% 20.0%
Master's Degree 24% 9.0%
Professional Degree 7% 2.0%
Doctorate Degree 4% 1.0%
New Providence is a city in New Jersey state in USA with a population of 13382 residents.. The poverty rate of New Providence is 1.9%, which is 86% lower than national average. The typical household in New Providence earns $149718 a year, compared to the national median of $67,500. Nearly 13.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of New Providence remained 3.1%, which is 34% lower than national rate.

Cost of living in New Providence is 154, which is 54% higher than national average. In New Providence, only 71% of adults have a bachelor's degree and 15% have some college but no degree. Median home value in New Providence is $631000 , which is 175% higher than national average. While median income in New Providence remained $149718, which is 122% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
New Providence Scorecard

Jobs90%

Housing95%

Affordability80%

Safety90%

Amenities90%

Diversity80%

Education100%

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