Also See New Providence, NJ: ZIP Codes & Maps
The Borough of New Providence had a population of 13,739 as of July 1, 2023.
The primary coordinate point for New Providence is located at latitude 40.6984 and longitude -74.4015 in Union County. The formal boundaries for the Borough of New Providence encompass a land area of 3.64 sq. miles and a water area of 0.03 sq. miles. Union County is in the Eastern time zone (GMT -5).
The Borough of New Providence has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 13,739 (100%) |
Population in Households | 13,621 (99.1%) |
Population in Families | 12,058 (87.8%) |
Population in Group Quarters1 | 118 ( 0.9%) |
Population Density | 3,725 |
Diversity Index2 | 57 |
INCOME | |
Median Household Income | $162,631 |
Average Household Income | $240,350 |
% of Income for Mortgage4 | 25% |
Per Capita Income | $88,903 |
Wealth Index5 | 271 |
Socioeconomic Status Index6 | High (71.0) |
HOUSING | |
---|---|
Total HU (Housing Units) | 5,507 (100%) |
Owner Occupied HU | 3,913 (71.1%) |
Renter Occupied HU | 1,168 (21.2%) |
Vacant Housing Units | 426 ( 7.7%) |
Median Home Value | $663,602 |
Average Home Value | $698,531 |
Housing Affordability Index3 | 91 |
HOUSEHOLDS | |
Total Households | 5,081 |
Average Household Size | 2.68 |
Family Households | 3,815 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.20% | -0.28% |
Households | 0.06% | -0.11% |
Families | -0.10% | |
Median Household Income | 2.58% | |
Per Capita Income | 2.54% | |
Owner Occupied HU | 0.26% |
The table below compares New Providence to the other 700 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 95 | 87th |
Population Density | # 208 | 70th |
Median Household Income | # 80 | 89th |
Housing Affordability Index | # 447 | 64th |
Per Capita Income | # 53 | 93rd |
Diversity Index | # 294 | 58th |
Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.
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