Peapack and Gladstone borough, New Jersey
CityPopulation: 2,547 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Peapack and Gladstone borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Peapack and Gladstone borough
- What is the median household income in Peapack and Gladstone borough?
- The median household income in Peapack and Gladstone borough is $184,231 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Peapack and Gladstone borough?
- The poverty rate in Peapack and Gladstone borough is 0.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Peapack and Gladstone borough?
- $843,400 (U.S. Census Bureau ACS 2023).
- What is the average rent in Peapack and Gladstone borough?
- The median gross rent in Peapack and Gladstone borough is $1,827 per month (U.S. Census Bureau ACS 2023).
- What percentage of Peapack and Gladstone borough residents have a college degree?
- 69.4% of adults in Peapack and Gladstone borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,547
Median Income
$184,231
Median Home Value
$843,400
Poverty Rate
0.0%
Unemployment (ACS 2023)
1.5%
Median Age
47.0 yrs
Since 2019
Median Income:
+$60,221 (+48.6%)
Home Value:
+$162,500 (+23.9%)
Poverty Rate:
-2.4 pp (-100%)
Bachelor's+:
+13.9 pp (+25%)
Unemployment:
+0.3 pp (+25%)
Demographics
Total Population
2,547
Median Age
47.0
Female
51.3%
Race & Ethnicity
Hispanic or Latino 7.5%
White (non-Hisp.) 83.7%
Black 3.6%
Asian 3.2%
Two or More 3.5%
Other 0.9%
Asian Subgroups (% of total pop.)
Indian
2.6%
Vietnamese
0.4%
Chinese
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$184,231
±$39,931
+$83,181 vs. state
Per Capita Income
$233,820
Median Family Income
$200,242
Poverty Rate
0.0%
-7.0 pp vs. state
Child Poverty Rate
0.0%
Working-Age Poverty Rate
—
SNAP Recipients
0.0%
Social Security Income
—
Retirement Income
30.6%
Household Income Distribution
< $10k
4.8%
$10–15k
0.8%
$25–35k
8.2%
$35–50k
5.8%
$50–75k
4.7%
$75–100k
7.8%
$100–150k
12.4%
$150–200k
8.8%
$200k+
46.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,018
Owner-Occupied
76.1%
Renter-Occupied
23.9%
Vacancy Rate
3.3%
Median Home Value
$843,400
+$415,800 vs. state
Median Gross Rent
$1,827
Owner Cost Burden (30%+)
19.1%
Renter Cost Burden (30%+)
92.1%
Home Value Distribution
< $50k
4.4%
$50–100k
0.5%
$300–500k
10.5%
$500k–$1M
54.6%
$1M+
28.8%
Gross Rent Distribution
$1–1.5k
21.9%
$1.5–2k
43.0%
$2–2.5k
27.2%
$3.5k+
7.9%
Vehicle Availability
No vehicle
2.1%
1 vehicle
21.7%
2 vehicles
51.6%
3+
24.5%
Housing Type
Single-fam. det.
93.8%
Single-fam. att.
1.2%
2–4 units
1.8%
Housing Age
Pre-1940
34.0%
1940–1969
4.1%
1970–1999
18.9%
2000–2009
1.6%
2010+
2.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
97.4%
Bachelor's or Higher
69.4%
+26.5 pp vs. state
Graduate Degree
34.4%
Some College / Associate
10.0%
Less Than High School
1.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
61.7%
Unemployment Rate
1.5%
-4.7 pp vs. state
Work from Home
23.8%
Self-Employed
15.5%
Government Workers
7.9%
Private For-Profit
76.7%
Industry
Prof. Services
21.6%
Edu/Health
17.0%
Finance
13.7%
Construction
9.0%
Information
6.3%
Wholesale
6.3%
Retail
6.1%
Manufacturing
5.9%
Arts/Entmt.
5.5%
Agriculture
3.5%
Public Admin
0.6%
Transportation
0.1%
Occupation
Management
59.5%
Sales
23.2%
Food Prep
10.3%
Construction
5.6%
Production
1.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
25.3 min
Drove Alone
55.3%
Carpool
7.3%
Public Transit
2.6%
Work from Home
23.8%
Walked
9.7%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
984
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
62.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
20.0%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.2%
5–9
3.7%
10–14
7.5%
15–19
6.5%
20–24
8.2%
25–34
4.7%
35–44
9.9%
45–54
14.0%
55–64
8.6%
65–74
11.9%
75–84
12.2%
85+
6.6%
Under 18: 21.0%
Working age (18–64): 79.0%
65 and over: 21.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
14.9%
Naturalized Citizen
67.4%
Speaks English Less Than Very Well
4.3%
Foreign-Born Origin
Latin America
32.9%
Europe
29.5%
Asia
13.4%
Africa
11.8%
Veterans & Disability
Veteran
5.5%
With a Disability
4.8%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
87.5%
Uninsured
12.5%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
92.4%
Has a Computer
97.9%
Same House 1 Year Ago
92.1%
Moved from Abroad
0.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023