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Peapack and Gladstone borough, Somerset County, NJ

2,547 Population
5.7 square miles 444.3 people per square mile

Census data: ACS 2023 5-year unless noted

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Demographics

47.3 ±5.2 Median age
  • about 10 percent higher than the figure in Somerset County: 41.9 ±0.2
  • about 20 percent higher than the figure in New Jersey: 40.1 ±0.1

Economics

$102,494 ±$22,094 Per capita income
  • about 1.5 times the amount in Somerset County: $70,321 ±$1,383
  • nearly double the amount in New Jersey: $53,118 ±$241
$184,231 ±$39,931 Median household income
  • about 1.4 times the amount in Somerset County: $135,960 ±$2,875
  • nearly double the amount in New Jersey: $101,050 ±$527

2.4% ±1.9% (56  ±46) Persons below poverty line
  • about two-fifths of the rate in Somerset County: 5.5% 18,851 (±0.5% / ±1,849)
  • about one-quarter of the rate in New Jersey: 9.8% 889,287 (±0.2% / ±14,517)

25.3 minutes ±1.5 (24,435  ±4,825) Mean travel time to work
  • about 80 percent of the figure in Somerset County: 31.5 4,580,205 (±0.4 / ±100,261)
  • about 80 percent of the figure in New Jersey: 30.9 119,274,790 (±0.1 / ±657,334)

Families

984 ±103 Number of households
  • Somerset County: 129,459 ±472
  • New Jersey: 3,478,355 ±4,714
2.4 ±0.3 (2,372  ±28) Persons per household
  • about 90 percent of the figure in Somerset County: 2.6 342,244 (±0 / ±69)
  • about 90 percent of the figure in New Jersey: 2.6 9,093,435

6.7% ±9.8% (36  ±54) Women 15-50 who gave birth during past year
  • about 25 percent higher than the rate in Somerset County: 5.4% † 4,226 (±0.7% / ±540)
  • about 1.3 times the rate in New Jersey: 5.1% 107,472 (±0.1% / ±3,004)

Housing

1,018 ±107 Number of housing units
  • Somerset County: 132,831 ±90
  • New Jersey: 3,775,842 ±525

$843,400 ±$49,688 Median value of owner-occupied housing units
  • more than 1.5 times the amount in Somerset County: $523,900 ±$8,197
  • about double the amount in New Jersey: $427,600 ±$1,335

7.9% ±4% (200  ±100.6) Moved since previous year
  • about 80 percent of the rate in Somerset County: 9.4% 32,186 (±0.7% / ±2,451.7)
  • about 80 percent of the rate in New Jersey: 9.9% 911,070 (±0.1% / ±12,354.8)

Social

97.4% ±9.9% (1,735  ±232) High school grad or higher
  • a little higher than the rate in Somerset County: 93.9% 229,383 (±1.4% / ±3,382.6)
  • about 10 percent higher than the rate in New Jersey: 90.7% 5,858,484 (±0.3% / ±19,546.8)
69.4% ±8.2% (1,236  ±181.2) Bachelor's degree or higher
  • about 20 percent higher than the rate in Somerset County: 57.4% 140,175 (±1% / ±2,453.2)
  • more than 1.5 times the rate in New Jersey: 42.9% 2,771,686 (±0.2% / ±13,002.8)

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

14.9% ±6.1% (380  ±154) Foreign-born population
  • about half the rate in Somerset County: 27.5% 95,159
  • about three-fifths of the rate in New Jersey: 23.5% 2,181,755

5.5% ±3% (111  ±60) Population with veteran status
  • about 1.5 times the rate in Somerset County: 3.5% 9,498 (±0.3% / ±674)
  • about 1.4 times the rate in New Jersey: 4% 285,835 (±0.1% / ±4,508)
111 Total veterans ±60 101 Male ±57 10 Female ±17

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