New Providence 84 Exceptional
New Providence Livability #22 ranked city in New Jersey#560 ranked city in the USARanks better than 98% of areas

Pros and Cons of Living in New Providence

PROS
  • Amenities

    A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

CONS
  • Cost Of Living

    Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.

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What's it like Living in New Providence?

New Providence, New Jersey is a mid-sized city with a population of 13,382 people. New Providence has a population density of 3,628 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 79% of New Providence residents are White, 16% Asian and 1% Black. If finding a family friendly city is important to you, look no further. With more than 71% of the population considered married and 50% with kids under the age of 18, New Providence could be considered a very suitable city for families. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in New Providence offers up a higher than average one way commute time of 38 minutes.

Living in New Providence can be a fulfilling experience for anyone moving to the area. Having said that, in the state of New Jersey, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. The best areas in New Providence and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, employment, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.

New Providence, NJ receives 83 out of 100 for its livability score; this results in a ranking of #19 in New Jersey and #570 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in New Providence could be a great choice! New Providence has also earned the rare honor of ranking in the top 10 percentile among all cities. Based on the grades for each individual category, New Providence has received high marks for amenities (A+), crime (A+) and housing (A-).

Living in New Providence offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, New Providence provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale.

Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 7 crimes per 100,000 residents, New Providence has a violent crime rate that is far below the national average.

The New Providence unemployment rate of 2.03% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.

Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In New Providence, the schools boast an impressive average test score of 80%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.

Finding affordable real estate and housing in New Providence can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

New Providence real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in New Providence. The median home price for New Providence homes is $631,000, which is 99.4% higher than the New Jersey average. If we take a closer look at the affordability of homes in New Providence, we’ll see that the home price to income ratio is 4.2, which is 2.3% lower than the New Jersey average.

Best Places to Live in and Around New Providence

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Compare New Providence, NJ Livability

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      New Providence transportation information

      Statistic New Providence New Jersey National
      Average one way commute38min31min26min
      Workers who drive to work62.2%71.7%76.4%
      Workers who carpool2.9%8.1%9.3%
      Workers who take public transit18.5%11.2%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.2%3.0%2.8%
      Working from home14.5%4.1%4.6%
      Source: The New Providence, NJ data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).