New Jersey · Census place 51810
New Providence borough, NJ
Quick answer
New Providence borough has 13,577 residents, ranking #98 of 700 places in New Jersey. Median household income is $162,877, the median home is worth $734,300 and median gross rent runs $1,906 a month.
- Population
- 13,577New Providence borough residents
- Median household income
- $162,877Past 12 months, inflation adjusted
- Median home value
- $734,300Owner-occupied units
- Median gross rent
- $1,906Rent plus utilities, monthly
- Median age
- 44.7 yrsAll residents
- Homeownership rate
- 75.6%Owner-occupied households
What the numbers mean in New Providence borough
Housing cost measured against local earnings.
A household earning the New Providence borough median would spend about 14% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.1% of residents and 75.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Westmont CDP 13,870
- Mercerville CDP 13,693
- Echelon CDP 13,577
- Eatontown borough 13,537
- Franklin Park CDP 13,327
- Woodland Park borough 13,284
- Ridgefield Park village 13,167
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