Home / Select Cities  /  2024 Comparing New Providence, NJ vs. Far Hills, NJ

2024 Compare Cities Economy:
New Providence, NJ vs Far Hills, NJ

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Highlights
- Household income in Far Hills, is 17% less than it is in New Providence and is 47% above the National Average.
- New Providence unemployment rate is 8.0%.
- Far Hills unemployment rate is 6.3%.

Economy
 New Providence, NJFar Hills, NJUnited States
 Unemployment Rate8.0%6.3%6.0%
 Recent Job Growth-0.7%-0.7%1.6%
 Future Job Growth22.3%23.7%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$73,225$85,269$37,638
 Household Income$155,370$129,375$69,021
 Family Median Income$179,838$140,385$85,028
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 Est. Households By Income
 New Providence, NJFar Hills, NJUnited States
 Income Less Than 15K1.6%7.7%9.4%
 Income between 15K and 20K0.4%2.7%3.8%
 Income between 20K and 30K3.9%1.5%8.1%
 Income between 30K and 40K2.4%13.2%8.0%
 Income between 40K and 50K3.1%2.7%7.6%
 Income between 50K and 60K2.8%3.0%7.2%
 Income between 60K and 75K7.0%1.2%9.6%
 Income between 75K and 100K10.2%11.0%12.8%
 Income between 100K and 150K17.4%18.5%16.3%
 Income between 150K and 200K15.4%7.2%7.8%
 Income greater than 200K35.8%31.2%9.5%
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 Population By Occupation
 New Providence, NJFar Hills, NJUnited States
 Management, business, finance29.0%35.7%16.4%
 Engineering, computers, science12.5%2.4%6.5%
 Community, social services1.1%1.8%1.8%
 Legal4.0%3.2%1.2%
 Education, library9.7%3.9%6.2%
 Arts, design, media, sports, entertainment5.6%3.4%2.0%
 Healthcare practitioners and technology5.1%1.4%6.2%
 Healthcare support0.9%0.6%3.3%
 Firefighters, law enforcement0.7%1.8%2.1%
 Food preparation, serving2.1%12.6%5.4%
 Building maintenance1.3%5.3%3.6%
 Personal care2.7%2.8%2.6%
 Sales, office, administrative support19.1%14.2%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair2.6%4.1%8.1%
 Production, transportation, material moving3.8%6.7%13.1%

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Reviews for New Providence    3 Reviews

Highest in the nation. Escape if you  More

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Over 15 years ago

New Providence, once an adorable, comfortable, quiet town is turning for the  More

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Over 16 years ago

We moved to New Providence last summer and it is one of the nicest places I have lived. Quiet, safe with great schools and great surrounding towns. It borders Chatham  More

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Reviews for Far Hills    0 Reviews

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ZIPS IN NEW PROVIDENCE, NEW JERSEY
07974
ZIPS IN FAR HILLS, NEW JERSEY
07931

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