Everything You Should Know Before Moving to New Providence, NJ
Considering a move to New Providence, NJ? This welcoming suburb offers a population of 13,700, top-rated public schools, and a strong sense of community. While median home prices are around $780,000 and rents average $2,050, residents enjoy very low crime rates and easy access to NYC with a 35-minute average commute. High incomes, excellent educational attainment, and a pleasant climate with 56% sunny days make New Providence especially attractive for families and professionals.
Demographics - New Providence, NJ
Demographics - New Providence, NJ
New Providence, NJ is a suburban community of 13,700 residents with a median age of 42.1, a balanced gender ratio, and a population that is predominantly White (nearly 80%), with a significant Asian presence. The city is known for its family-friendly atmosphere and cultural diversity, as about 15% of residents speak a language other than English at home. Its moderate density and welcoming environment make it ideal for newcomers seeking a close-knit yet diverse neighborhood.
Population:
13,700
Density:
3,400 per sq mi
Median Age:
42.1
Gender Ratio:
94 males per 100 females
Non-English Speakers Percentage:
15.6%
Ethnic Composition
White:
79.8%
Black:
1.2%
Asian:
14.9%
Others:
4.1%
Cost Of Living
What is the average cost of living in New Providence, NJ?
Living in New Providence comes with a higher cost of living, reflected by a median home value of $780,000 and average monthly rent of $2,050. The cost of living index is 146, driven largely by housing and transportation expenses, though essential services and groceries also trend above national averages. Residents benefit from quality amenities and strong public services that justify the investment.
Median House Value:
$780,000
Gross Rent:
$2,050
Monthly Electricity Charges:
$145
Auto Insurance:
$1,820
House Owner Cost With Mortgage:
$3,350
House Owner Cost Without Mortgage:
$1,150
State Taxes:
Low:
1.4%
|
High:
10.75%
Cost Of Living Index:
146.0
Grocery:
122.1
Housing:
175.5
Utilities:
117.0
Transportation:
129.5
Health Care:
117.5
Miscellaneous:
114.0
Crime
Is New Providence, NJ a safe place to live?
New Providence boasts an impressively low crime rate, with just 22 violent crimes and 322 property crimes per 100,000 residents, making it one of the safest communities in the region. The chance of experiencing violent crime is just 1 in 4,500, providing peace of mind for families and individuals alike. Its strong sense of security is a major draw for those seeking a safe place to live.
Violent Crimes Per 100k:
22
Property Crimes Per 100k:
322
Crime Index:
344
Chance Of Violent Crime:
1 in 4,500
Chance Of Property Crime:
1 in 310
Weather
What is the weather like in New Providence, NJ year-round?
Residents enjoy four distinct seasons, with warm summers reaching highs of 85°F and winters dipping to 24°F. The area receives about 50 inches of rainfall annually and sees sunshine on 56% of days, offering a pleasant climate for outdoor activities year-round. Spring and fall are especially comfortable, making New Providence inviting throughout the year.
Winter
Min:
24°F
Max:
39°F
Spring
Min:
44°F
Max:
67°F
Summer
Min:
65°F
Max:
85°F
Fall
Min:
47°F
Max:
69°F
Average Rainfall Inches:
50.1 inches
Sunny Days Percentage:
56%
Neighbors
The community is affluent, with a median household income of $162,000 and a low poverty rate of 2.7%. High educational attainment is common, as over 97% have at least a high school diploma and 74% hold a bachelor’s degree or higher. Residents also benefit from low unemployment (3.2%) and a manageable average commute of 35 minutes, making it convenient for professionals working in nearby cities.
Median Income:
$69,000
Household Income:
$162,000
Family Income:
$185,000
Per Capita Income:
$67,000
Income Male:
$95,000
Income Female:
$66,000
Poverty Rate:
2.7%
Non English Speakers:
15.6%
Rent:
$2,050
Unemployment Rate:
3.2%
Public Transport Usage:
14.1%
Commute Time:
35.1 minutes
Education
High School or Higher:
97.3%
Bachelors or More:
74.2%
Education
How are the schools in New Providence, NJ?
New Providence is renowned for its exceptional public schools, such as New Providence High School and Allen W. Roberts Elementary, both featuring low student-teacher ratios around 12:1. Families can also choose from private options like Our Lady of Peace School, while higher education is accessible at nearby universities including Kean and Drew. The community’s commitment to education supports students of all ages and backgrounds.
Public Schools
Name:
New Providence High School
Street:
35 Pioneer Dr
Phone:
908-464-4700
Students:
670
Student Teacher Ratio:
12.1
Name:
Allen W. Roberts Elementary School
Street:
80 Jones Dr
Phone:
908-464-4707
Students:
715
Student Teacher Ratio:
11.8
Private Schools
Name:
Our Lady of Peace School
Street:
99 South St
Phone:
908-464-8657
Students:
160
Colleges
Name:
Kean University
City:
Union
State:
NJ
Distance:
8 miles
Students:
14,000
Name:
Drew University
City:
Madison
State:
NJ
Distance:
7 miles
Students:
2,200
Healthcare
Access to healthcare is robust, with major hospitals like Overlook Medical Center and Trinitas Regional Medical Center located nearby and a high physician-to-resident ratio of 3.1 per 1,000. Nearly 97% of residents have health insurance, ensuring comprehensive care options. The city’s healthcare index of 80.2 reflects both quality and accessibility for families and individuals.
Major Hospitals
Name:
Overlook Medical Center
Address:
99 Beauvoir Ave, Summit, NJ 07901
Phone:
(908) 522-2000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Trinitas Regional Medical Center
Address:
225 Williamson St, Elizabeth, NJ 07202
Phone:
(908) 994-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
97.4%
Health Care Index:
80.2
Housing Market
What is the housing market like in New Providence, NJ?
The housing market in New Providence is strong and competitive, with a median home price of $780,000 and a high owner-occupancy rate of 77%. Home values have appreciated by 9.5% in the past year, and the rental vacancy rate remains low at 3.8%, signaling high demand. Both buyers and renters benefit from a stable market with a range of housing options.
Median Home Price:
$780,000
Average Rent For 2 Bedroom:
$2,250
Owner Occupied Rate:
77.1%
Rental Vacancy Rate:
3.8%
Home Appreciation Rate (1yr):
9.5%
New Construction Rate:
1.3%
Foreclosure Rate:
0.3%
DMV Information
Residents handle licensing and vehicle registration through the New Jersey Motor Vehicle Commission, conveniently located about 30 miles away in Trenton. The DMV offers a user-friendly website and helpful customer support for all motor vehicle needs. This ensures that newcomers can easily manage their driving and registration requirements upon arrival.
State:
New Jersey
Department:
New Jersey Motor Vehicle Commission
Address:
225 E. State Street, Trenton, NJ 08666
Phone:
1-609-292-6500
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.