Living in New Providence, Iowa
Cost of living, income, home prices, rent and demographics of New Providence · Census data 2020–2024
New Providence has 173 residents with a median age of 39.3. The median household income is $86,667 (15% higher than the Iowa median), the median home value is $82,500, the median rent is $613/month.
New Providence is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
New Providence at a glance
- Population
- 173
- Median age
- 39.3State: 38.6
- Median household income
- $86,667State: $75,059
- Median home value
- $82,500State: $208,000
- Median rent
- $613/moState: $972
- Homeowners
- 77.3%
- Bachelor's degree or higher
- 28.8%
- Average commute
- 34 min
Is New Providence a good place to live?
Pros: Median household income 15% higher than the Iowa median; home values 60% lower than the state median; unemployment of 2.6%; a poverty rate of 7.6%.
Cons: An average commute of 34 minutes.
The weather is best in June to September.
Cost of living in New Providence
Housing is the biggest part of the cost of living. In New Providence the median home value is $82,500, 75% lower than the U.S. median. Renters pay a median of $613 per month, which is 45% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.
New Providence median household income
The median household income in New Providence is $86,667 and the income per person is $32,853. 7.6% of residents live below the poverty line (Iowa: 11.1%).
Housing in New Providence: homes for sale and rent
- Housing units
- 66
- Owner-occupied
- 77.3%
- Renter-occupied
- 22.7%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.62
New Providence demographics
- Population
- 173
- Median age
- 39.3
- Under 18
- 23.7%
- 65 and older
- 25.4%
- Households
- 66
- Foreign-born
- 1.2%
- Veterans
- 2.3%Adults 18+
Hispanic or Latino can be of any race. Population history of New Providence ›
Education in New Providence
28.8% of adults 25 and older in New Providence have a bachelor's degree or higher (Iowa: 31.4%), and 1.5% have a graduate or professional degree.
Jobs and commute in New Providence
- Unemployment rate
- 2.6%State: 3.6%
- Average commute
- 34 minState: 20 min
- Work from home
- 1.3%
- Drive alone
- 84%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.8%
New Providence vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| New Providence | 173 | $86,667 | $82,500 | $613 |
| Union | 378 | $55,625 | $74,600 | $875 |
| Eldora | 2,617 | $77,188 | $133,000 | $750 |
| Hubbard | 773 | $68,750 | $106,100 | $632 |
| Whitten | 164 | $92,813 | $90,000 | — |
| Steamboat Rock | 312 | $47,188 | $105,800 | $771 |
| Liscomb | 298 | $84,042 | $93,800 | $1,031 |
| Zearing | 566 | $74,167 | $158,800 | $883 |
| Radcliffe | 657 | $69,286 | $118,300 | $519 |
More for people moving to New Providence
New Providence ZIP code ›Weather and climate ›Living in New Providence: FAQ
What is the median household income in New Providence, IA?
The median household income in New Providence is $86,667, 15% higher than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in New Providence?
The median home value in New Providence is $82,500, compared with $208,000 in Iowa.
How much is rent in New Providence?
The median gross rent in New Providence is $613 per month, about 45% of household income.
Is New Providence, IA a good place to live?
Pluses: median household income 15% higher than the Iowa median; home values 60% lower than the state median; unemployment of 2.6%; a poverty rate of 7.6%. Minuses: an average commute of 34 minutes.
What is the median age in New Providence?
The median age in New Providence is 39.3 years (Iowa: 38.6).
How long is the commute in New Providence?
The average commute to work in New Providence is 34 minutes; 1.3% of workers work from home.
What is the unemployment rate in New Providence?
The unemployment rate in New Providence is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is New Providence?
28.8% of adults in New Providence have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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