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New Providence, NJ Area and Community Summary Information


Community Summary

New Providence New Jersey
Community Characteristics
Population 12,020 8,831,614
Population Density 3,268 1,136
Educational Climate Index 5
Median Age 39.41 37.31
Median Dwelling Age 43 38
In Current Residence 5+ years 49 % 38 %
Median Home Sale Price $539,500
Average household Income $140,550 $86,040
Median Value of Home Equity $309,366 $215,928
Median Mortgage Debt $745,977 $468,869
Total Household Expenditure 175 121
Total Crime Risk 17 75
Weather Risk 98 99
Air Pollution Index 98 103
Median Travel Time to Work 24.03 23.46
     

Population Characteristics

New Providence New Jersey
Population 12,020 8,831,614
Population Density 3,268 1,136
     
Male Population 5,873 4,311,153
Female Population 6,147 4,520,461
     
Population Change Since 1990 5 % 14 %
Population Change Since 2000 1 % 5 %
     

Age

New Providence New Jersey
Median Age 39.41 37.31
     
Population: Age 0-4 942 581,557
Population: Age 5-9 898 583,684
Population: Age 10-14 891 609,409
Population: Age 15-19 693 613,247
Population: Age 20-24 400 560,477
Population: Age 25-29 479 510,175
Population: Age 30-34 682 541,963
Population: Age 35-39 935 626,924
Population: Age 40-44 1,087 704,792
Population: Age 45-49 1,157 712,181
Population: Age 50-54 819 635,494
Population: Age 55-59 746 545,258
Population: Age 60-64 591 437,373
Population: Age 65-69 465 320,848
Population: Age 70-74 419 254,073
Population: Age 75-79 300 221,637
Population: Age 80-84 245 184,183
Population: Age 85+ 271 188,339
     

Race Distribution

New Providence New Jersey
Race: White 10,040 6,081,636
Race: American Indian, Eskimo, Aleut 17 21,897
Race: Asian or Pacific Islander 1,092 696,313
Race: Other 163 557,950
Race: Hawaiian / Pacific Islander 3 3,858
Race: Black 457 1,162,080
     

Hispanic Distribution

New Providence New Jersey
Population: Hispanic 701 1,407,295
Population: Not Hispanic 11,319 7,424,319
     

Education

New Providence New Jersey
Education: Less than 9th Grade 156 289,584
Education: Some High School 162 439,766
Education: High School Graduate 1,413 1,731,752
Education: Some College 1,072 933,688
Education: Associate Degree 391 381,166
Education: Bachelors Degree 2,943 1,340,718
Education: Graduate Degree 2,059 766,566
     

Marital Status

New Providence New Jersey
Never Married 1,874 1,968,191
Now Married 6,005 3,653,265
Separated 275 391,293
Widowed 650 514,216
Divorced 479 529,269
     

Households

New Providence New Jersey
Households 4,225 3,171,408
Average Household Size
     
Households: Family 3,145 2,178,614
Households: Non-Family 1,080 992,794
     
Households: With Children 1,650 1,148,009
Households: No Children 2,575 2,023,399
     

Housing Characteristics

New Providence New Jersey
Median Dwelling Age 43 38
Median Home Sale Price $539,500
Average household Income $140,550 $86,040
Median Value of Home Equity $309,366 $215,928
Median Mortgage Debt $745,977 $468,869
     

Home Ownership

New Providence New Jersey
Vacant Dwellings 262 324221
Owner-Occupied Dwellings 3367 2153048
Renter-Occupied Dwellings 858 1018360
     

Turnover

New Providence New Jersey
In Current Residence 5+ years 49 % 38 %
Annual Residential Turnover 10 % 14 %
     
Median Years in Residence 4.89 3.69
     

Income Characteristics

New Providence New Jersey
Median household income $112,277 $67,430
Average household Income $140,550 $86,040
Per capita income $51,565 $31,741
Median Disposable Income $86,170 $55,581
     

Income Growth

New Providence New Jersey
Change in Avg. Household Income Since 1990 80 % 65 %
Change in Avg. Household Income Since 2000 23 % 21 %
     

Household Income

New Providence New Jersey
Household Income: $0-$10,000 33 193,715
Household Income: $10,000-$15,000 60 103,152
Household Income: $15,000-$20,000 87 123,324
Household Income: $20,000-$25,000 94 129,213
Household Income: $25,000-$30,000 69 130,522
Household Income: $30,000-$35,000 133 124,949
Household Income: $35,000-$40,000 91 119,359
Household Income: $40,000-$45,000 93 131,613
Household Income: $45,000-$50,000 100 121,418
Household Income: $50,000-$60,000 236 255,092
Household Income: $60,000-$75,000 330 314,193
Household Income: $75,000-$100,000 538 449,500
Household Income: $100,000-$125,000 506 316,832
Household Income: $125,000-$150,000 426 205,267
Household Income: $150,000-$200,000 530 205,615
Household Income: $200,000-$250,000 275 77,239
Household Income: $250,000-$500,000 415 97,394
Household Income: $500,000+ 209 73,011
     

Median Income

New Providence New Jersey
Median Income: Age < 25 $37,917 $42,020
Median Income: Age 25-34 $113,298 $62,123
Median Income: Age 35-44 $131,370 $73,449
Median Income: Age 45-54 $123,089 $82,195
Median Income: Age 55-64 $121,117 $75,251
Median Income: Age 65-74 $87,025 $54,152
Median Income: Age 75+ $59,286 $41,057
     

Cost of Living Index

New Providence New Jersey
Total Household Expenditure 175 121
Contributions 219 131
Personal Insurance 206 129
Apparel 178 122
Education 217 132
Entertainment 179 122
Food And Beverages 165 119
Health Care 157 116
Household Furnishings And Equipment 187 125
Shelter 179 122
Household Operations 203 128
Miscellaneous Expenses 164 118
Personal Care 172 120
Reading 176 122
Tobacco 132 110
Transportation 166 119
Utilities 157 116
Gifts 206 129
     
Sales Tax Rate 7 %
     

Financial Characteristics

New Providence New Jersey
Median Household Net Worth $355,323 $197,269
Average Household Net Worth $1,063,528 $645,594
Median Value of Home Equity $309,366 $215,928
Median Mortgage Debt $745,977 $468,869
     

Net Worth

New Providence New Jersey
Net Worth: $0 or Less 345 326,321
Net Worth: $1-$5,000 380 367,566
Net Worth: $5,000-$10,000 228 200,412
Net Worth: $10,000-$25,000 461 370,210
Net Worth: $25,000-$50,000 554 417,831
Net Worth: $50,000-$100,000 729 530,540
Net Worth: $100,000-$250,000 960 650,708
Net Worth: $250,000-$500,000 424 268,774
Net Worth: Greater Than $500,000 269 156,229
     

Investments and Debt

New Providence New Jersey
Median Value of Transaction Accounts $52,403 $33,791
Median Value of Certificates of Deposit $11,262 $8,151
Median Value of Savings Bonds $1,695 $1,282
Median Value of Bonds (Not US Savings) $31,225 $16,713
Median Value of Stocks $93,568 $52,134
Median Value of Mutual Funds $70,905 $41,384
Median Value of Retirement Accounts $142,123 $88,868
Median Value of Cash Value Life Ins $12,274 $7,745
Median Value of Other Managed Accounts $33,790 $21,083
Median Value of Other Financial Assets $10,442 $6,061
Median Value of Any Financial Assets $459,688 $277,211
Median Value of Vehicles Owned $26,642 $20,543
Median Value of Investment Property Equity $85,879 $51,094
Median Value of Business Equity $60,521 $35,545
Median Value of Other Non-Financial Assets $251,413 $138,540
Median Value of Any Non-Financial Assets $12,156 $7,220
Median Installment Loan Debt $105,266 $75,190
Median Lines of Credit Debt $18,058 $10,408
Median Credit Card Debt $1,534 $893
Median Investment Real Estate Debt $11,407 $9,611
Median Other Debt $32,609 $19,775
Median Total Debts $409,552 $233,464
     

Occupation

New Providence New Jersey
     
Occupations: White Collar 16,493 3,366,292
Occupations: Blue Collar 2,380 802,169
     
Business Counts: Professional Specialty Occupations 3,932 716,164
Business Counts: Sales Professionals 417 111,188
Business Counts: Technologies and Technicians 1,217 159,088
Business Counts: Sales Workers and Clerks 1,617 386,930
Business Counts: Administrative Support 4,406 838,266
Business Counts: Technical, Sales and Administrative: Field Occupations 42 11,994
Business Counts: Private Household 0 136
Business Counts: Protective Services 180 83,977
Business Counts: Other Services: Site Based 972 499,367
Business Counts: Other Services: Field Based 32 23,417
Business Counts: Farming, Forestry, and Fishing 161 66,954
Business Counts: Precision, Craft, and Repair: Site Based 961 325,694
Business Counts: Construction, Repair and Mining: Field Based 237 107,282
Business Counts: Machine Operators, Assemblers and Inspectors 460 88,476
Business Counts: Transportation Materials Moving Workers 311 118,631
Business Counts: Handlers, Helpers and Laborers 250 95,132
     
Employees: Agricultural, Forestry, Fishing 42 34,345
Employees: Mining 0 1,730
Employees: Construction 98 154,244
Employees: Manufacturing 6,908 368,914
Employees: Transportation and Communications 3,673 207,355
Employees: Wholesale Trade 122 246,876
Employees: Retail Trade 802 836,372
Employees: Finance, Insurance and Real Estate 575 308,111
Employees: Services 6,533 1,735,810
Employees: Public Administration 120 274,705
     

Transportation & Commute

New Providence New Jersey
Median Travel Time to Work 24.03 23.46
Transportation to Work: Public 13 % 10 %
Transportation to Work: Drive / Carpool 81 % 84 %
Transportation to Work: Walk / Bike / Other 3 % 4 %
Transportation to Work: Work at Home 4 % 3 %
     

Crime Risk

New Providence New Jersey
Total Crime Risk 17 75
     
Personal Crime Risk 10 80
Murder Risk 7 87
Rape Risk 11 50
Robbery Risk 8 116
Assault Risk 14 67
     
Property Crime Risk 23 73
Burglary Risk 12 70
Larceny Risk 35 70
Motor Vehicle Theft Risk 26 98
     

Temperature & Rain

New Providence New Jersey
Average January High Temperature 38.7 38.93
Average January Low Temperature 18.2 21.45
Average July High Temperature 85.8 85.21
Average July Low Temperature 62.2 64.29
     
Annual Precipitation 51.61 47.39
     

Weather Risk Index

New Providence New Jersey
Weather Risk 98 99
Earthquake Risk 107 92
Hail Index 66 68
Hurricane Index 106 117
Tornado Index 70 66
Wind Index 223 190
     

Environmental Quality Index

New Providence New Jersey
Air Pollution Index 98 103
Ozone Index 99 108
Carbon Monoxide Index 119 112
Lead Index 81 83
NO2 Index 113 121
Particulate Matter Index 77 90
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.
Top 10 List
Highest Median Household Income
Zip
1
07974
$112,673
Median Value of Home Equity
Zip
1
07974
$310,240
Fastest Growing (change since 2000)
Zip
1
07974
1 %
Longest Commute
Zip
1
07974
24.17
Data on community demographics, schools and recent sales provided by OnBoard LLC.
Copyright © 2009 OnBoard LLC. Information is deemed reliable but not guaranteed.

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