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Peapack and Gladstone borough, Somerset County, NJ

2,561 Population
5.7 square miles 446.7 people per square mile

Census data: ACS 2022 5-year unless noted

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Demographics

44.9 ±4 Median age
  • about 10 percent higher than the figure in Somerset County: 42 ±0.3
  • about 10 percent higher than the figure in New Jersey: 40 ±0.2

Economics

$103,719 ±$23,766 Per capita income
  • about 1.5 times the amount in Somerset County: $67,554 ±$1,278
  • about double the amount in New Jersey: $50,995 ±$277
$183,125 ±$71,102 Median household income
  • about 1.4 times the amount in Somerset County: $131,948 ±$3,280
  • nearly double the amount in New Jersey: $97,126 ±$605

4.7% ±2.8% (112  ±68) Persons below poverty line
  • about 90 percent of the rate in Somerset County: 5.3% 18,097 (±0.5% / ±1,649)
  • about half the rate in New Jersey: 9.7% 879,179 (±0.2% / ±13,856)

26.2 minutes ±5.6 (26,395  ±3,713) Mean travel time to work
  • about 80 percent of the figure in Somerset County: 31.3 4,630,220 (±0.6 / ±117,033)
  • about 80 percent of the figure in New Jersey: 31.1 122,290,480 (±0.1 / ±588,758)

Families

940 ±91 Number of households
  • Somerset County: 127,566 ±631
  • New Jersey: 3,438,162 ±6,410
2.6 ±0.3 (2,405  ±27) Persons per household
  • a little less than the figure in Somerset County: 2.7 341,088 (±0 / ±76)
  • a little less than the figure in New Jersey: 2.6 9,072,482

7.3% ±10.3% (36  ±52) Women 15-50 who gave birth during past year
  • about 1.5 times the rate in Somerset County: 5% † 3,859 (±0.7% / ±506)
  • about 1.4 times the rate in New Jersey: 5.1% 107,762 (±0.2% / ±3,088)

Housing

974 ±95 Number of housing units
  • Somerset County: 131,989 ±110
  • New Jersey: 3,756,340 ±1,125

$826,900 ±$67,799 Median value of owner-occupied housing units
  • more than 1.5 times the amount in Somerset County: $489,500 ±$4,913
  • more than double the amount in New Jersey: $401,400 ±$1,358

5% ±3.1% (127  ±79.1) Moved since previous year
  • about half the rate in Somerset County: 10% 34,274 (±0.8% / ±2,707.7)
  • about half the rate in New Jersey: 10.2% 930,913 (±0.1% / ±12,440.1)

Social

98.2% ±9.5% (1,666  ±,211.9) High school grad or higher
  • a little higher than the rate in Somerset County: 94% 228,104 (±1.4% / ±3,268.8)
  • about 10 percent higher than the rate in New Jersey: 90.6% 5,825,262 (±0.3% / ±20,103.2)
64.7% ±6.8% (1,098  ±,147.1) Bachelor's degree or higher
  • about 10 percent higher than the rate in Somerset County: 57.3% 138,929 (±1% / ±2,386.7)
  • about 1.5 times the rate in New Jersey: 42.3% 2,715,568 (±0.2% / ±13,324.4)

N/A Persons with language other than English spoken at home

18.1% ±6.5% (464  ±167) Foreign-born population
  • about two-thirds of the rate in Somerset County: 26.9% 92,631
  • about 80 percent of the rate in New Jersey: 23.2% 2,145,255

6.7% ±3.3% (132  ±64) Population with veteran status
  • nearly double the rate in Somerset County: 3.7% 10,043 (±0.3% / ±753)
  • more than 1.5 times the rate in New Jersey: 4.1% 299,078 (±0.1% / ±4,067)
132 Total veterans ±64 132 Male ±64 N/A Female ±14

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