Living in Peapack and Gladstone, New Jersey
Cost of living, income, home prices, rent and demographics of Peapack and Gladstone · Census data 2020–2024
Peapack and Gladstone has 2,571 residents with a median age of 44.4. The median household income is $202,578 (96% higher than the New Jersey median), the median home value is $868,800, the median rent is $1,820/month.
Peapack and Gladstone at a glance
- Population
- 2,571
- Median age
- 44.4State: 40.1
- Median household income
- $202,578State: $103,556
- Median home value
- $868,800State: $454,400
- Median rent
- $1,820/moState: $1,720
- Homeowners
- 79.6%
- Bachelor's degree or higher
- 72.1%
- Average commute
- 27 min
Is Peapack and Gladstone a good place to live?
Pros: Median household income 96% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 3%; a poverty rate of 1.1%.
Cons: Home values 91% higher than the state median.
The weather is best in May–June and August–September.
Cost of living in Peapack and Gladstone
Housing is the biggest part of the cost of living. In Peapack and Gladstone the median home value is $868,800, 161% higher than the U.S. median. Renters pay a median of $1,820 per month, which is 51% of household income. Homeowners with a mortgage pay $3,944 a month in housing costs.
Peapack and Gladstone median household income
The median household income in Peapack and Gladstone is $202,578 and the income per person is $100,805. 1.1% of residents live below the poverty line (New Jersey: 9.7%).
Housing in Peapack and Gladstone: homes for sale and rent
- Housing units
- 996
- Owner-occupied
- 79.6%
- Renter-occupied
- 20.4%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.53
Peapack and Gladstone demographics
- Population
- 2,571
- Median age
- 44.4
- Under 18
- 22.8%
- 65 and older
- 17.2%
- Households
- 951
- Foreign-born
- 17.1%
- Veterans
- 4.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Peapack and Gladstone ›
Education in Peapack and Gladstone
72.1% of adults 25 and older in Peapack and Gladstone have a bachelor's degree or higher (New Jersey: 43.6%), and 38.4% have a graduate or professional degree.
Jobs and commute in Peapack and Gladstone
- Unemployment rate
- 3%State: 6.3%
- Average commute
- 27 minState: 31 min
- Work from home
- 34.6%
- Drive alone
- 51.6%
- Public transit
- 0.9%
- Walk to work
- 5.9%
- Homes with broadband
- 94.2%
Peapack and Gladstone vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Peapack and Gladstone | 2,571 | $202,578 | $868,800 | $1,820 |
| Far Hills | 948 | $143,250 | $792,100 | $1,554 |
| Bedminster | 8,283 | $123,709 | $448,500 | $2,294 |
| Lamington | 362 | $154,511 | $989,100 | — |
| Bernardsville | 7,916 | $236,115 | $793,800 | $2,297 |
| The Hills | 10,785 | $154,564 | $577,000 | $2,376 |
| Pottersville | 245 | $171,801 | $680,100 | — |
| Pluckemin | 489 | $54,175 | $567,300 | — |
| Liberty Corner | 2,325 | $241,480 | $1,187,500 | $3,501 |
More for people moving to Peapack and Gladstone
Peapack and Gladstone ZIP code ›Weather and climate ›Living in Peapack and Gladstone: FAQ
What is the median household income in Peapack and Gladstone, NJ?
The median household income in Peapack and Gladstone is $202,578, 96% higher than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Peapack and Gladstone?
The median home value in Peapack and Gladstone is $868,800, compared with $454,400 in New Jersey.
How much is rent in Peapack and Gladstone?
The median gross rent in Peapack and Gladstone is $1,820 per month, about 51% of household income.
Is Peapack and Gladstone, NJ a good place to live?
Pluses: median household income 96% higher than the New Jersey median; an average commute of 27 minutes; unemployment of 3%; a poverty rate of 1.1%. Minuses: home values 91% higher than the state median.
What is the median age in Peapack and Gladstone?
The median age in Peapack and Gladstone is 44.4 years (New Jersey: 40.1).
How long is the commute in Peapack and Gladstone?
The average commute to work in Peapack and Gladstone is 27 minutes; 34.6% of workers work from home.
What is the unemployment rate in Peapack and Gladstone?
The unemployment rate in Peapack and Gladstone is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Peapack and Gladstone?
72.1% of adults in Peapack and Gladstone 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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