New Providence borough, New Jersey Housing

New Providence borough, New Jersey has a population of 12,818, with a median household income of $148,882.

Current housing data for New Providence borough.

$608,228

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Population

12,818

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Median Income

$148,882

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Unemployment

1.80%

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Housing Price

$608,228

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Crime Rate

0.20

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Internet Speed

279.60 Mbps

New Providence borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

New Providence borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

New Providence borough has a population of 12,818, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in New Providence borough is $148,882, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in New Providence borough average around $608,228, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in New Providence borough is 1.80%, which is lower than the state average, indicating a relatively strong job market. New Providence borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, New Providence borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Jersey, New Providence borough contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about New Providence borough

What is the population of New Providence borough?

The population of New Providence borough is approximately 12,818.

Is New Providence borough a good place to live?

New Providence borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in New Providence borough?

The median household income in New Providence borough is around $148,882.

How expensive is housing in New Providence borough?

The average housing price in New Providence borough is approximately $608,228.