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65 Apartments for rent in New Providence, NJ

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September 2024
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  1. Home
  2. New Jersey
  3. New Providence

New Providence Local Guide

See what New Providence, NJ has to offer.

All About

Living in New Providence, NJ

A small city in New Jersey, New Providence has a population of just under 13,000. Children aged 5-14 account for a larger portion of the population here (24%) than nationally (19%), making it a great place to raise a family, while young adults are less well-represented. Overall, the city's residents, at an average age of just over 38, are younger than most cities in New Jersey. Only 22% of residents rent in New Providence, as home ownership is common in the city. With an average rent of $1,604/month, exceeding the state average by $332/month, relatively high rent costs could be a contributing factor in the higher levels of ownership.

Many New Providence residents work in one of three industries: scientific, finance, and retail. Together, these industries make up 22% of the city's workforce. Meanwhile, in terms of job function, 12% of the city's population works in management, which ranks as the top career path in the city. New Providence workers take home an average annual income of about $136,000, more than those elsewhere in the state. New Providence's average income also compares favorably to the national average ($73,345). Compared to the national average (7%), New Providence has a large concentration of residents over the age of 25 who have advanced degrees, as 16% have earned a Master's or a Doctoral degree. In addition, 26% have a Bachelor's degree, which also outpaces the national average.

New Providence residents have an average commute of about 38 minutes, longer than the New Jersey average of about 34 minutes. Driving a vehicle is the prevailing mode of getting to work, selected by 33% of commuters, while public transit is used by just 8% of the city. Walking isn't a common way to get to work.