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New Providence, NJ

Full City Profile · New Jersey · Union County County

4.2 /5.0
A Great
13,577 Population 3,679/sq mi density
$162,877 Median Income $86,023 per capita
$734,300 Home Value $967,270 Zillow
$1,906 Median Rent 22.6% income on rent
53°F Avg Temperature 271 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$162,877 median income, 2.0% unemployment
A
Affordability
4.1 / 5.0
$734,300 home value, $1,906/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
66.6% bachelor's degree or higher

Income Overview

Median Household Income
$162,877
117% above
US avg: $75,149
Per Capita Income
$86,023
120% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
1.3%
90% below
US avg: 12.4%

Income Comparison: New Providence vs. U.S. Average

Each bar shows New Providence’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$162,877
217%
Per Capita
US: $39,052
$86,023
220%
IRS Avg AGI
US: $72,000
$109,188
152%
Avg Weekly Wage
US: $1,432
$1,622
113%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,622
13% above US avg ($1,432)
Mean Commute Time
34 min
24% above US avg (28 min)
Work From Home
27.3%
80% above US avg (15.2%)
Drive Alone
55.7%
24% below US avg (73.2%)
Public Transit
11.9%
137% above US avg (5.0%)
County GDP
$51,947M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 55.7%
Public Transit 11.9%
Work From Home 27.3%
Other 5.1%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
16,571
Restaurants
1,317
Healthcare
1,591
Retail
1,861
Manufacturing
523

Tax & Financial

IRS Avg Adjusted Gross Income
$109,188
52% above US avg ($72,000)
Avg Property Tax
$13,532
287% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$162,877
Per Capita Income$86,023
IRS Avg Adjusted Gross Income$109,188
Avg Weekly Wage$1,622
County GDP$51,947M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate1.3%
Gini Coefficient0.487
Cost of Living Index108.8

Commute

Mean Commute34 minutes
Drive Alone55.7%
Public Transit11.9%
Work From Home27.3%

Businesses

Total Establishments16,571
Restaurants1,317
Healthcare1,591
Retail1,861
Manufacturing523

Tax

IRS Avg AGI$109,188
Avg Property Tax$13,532