Peapack and Gladstone, NJ

New Jersey · Metropolitan Area

Peapack and Gladstone is a small town in New Jersey with a population of 2,547. Residents earn $184,231 per year, which is 145% above the national average.

4.1 /5.0
A Great
2,547 Population 445/sq mi density
$184,231 Median Income $102,494 per capita
$843,400 Home Value
$1,827 Median Rent 51.0% income on rent
53°F Avg Temperature
A
Overall
4.1 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$184,231 median income, 0.9% unemployment
A
Affordability
4.1 / 5.0
$843,400 home value, $1,827/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K (100% below avg)
A+
Education
5.0 / 5.0
69.4% bachelor's degree or higher
Median Income $184,231
145% higher than US avg
Home Value $843,400
199% higher than US avg
Violent Crime 0/100K
100% lower than US avg
Bachelor's+ 69.4%
106% higher than US avg
Median Rent $1,827
57% higher than US avg
Obesity Rate 25.6%
20% lower than US avg
Unemployment 0.9%
75% lower than US avg
Poverty Rate 2.4%
81% lower than US avg

How Peapack and Gladstone Compares to the U.S. Average (100% = U.S. avg)

People

Population2,547
Median Age47.3 yrs
Density445/mi²
Male / Female49% / 51%
Largest GroupWhite 89%
Veterans5.5%

Economy

A+
Median Income$184,231
Per Capita$102,494
Unemployment0.9%
Poverty2.4%
County GDP$54,494M
Commute25 min

Housing

A
Home Value$843,400
Rent$1,827
OwnershipN/A
Rent Burden51.0%

Crime

C+
Violent0/100K
Property386/100K
Murder0.0/100K
Assault0/100K
Burglary116/100K

Health

Obesity25.6%
UninsuredN/A
Depression16.5%
Heart Disease3.7%

Climate

Avg Temp53°F
AQI39 (Good)
Rain45.5 in/yr
Elevation301 ft

Education

A+
Bachelor's+69.4%
High School+97.4%
School Score6.24

Community

2024 VoteR 42% / D 56%
Commute25 min
Broadband92.4%
Libraries17

Is Peapack and Gladstone a Good Place to Live?

Based on current data, Peapack and Gladstone receives an overall livability score of 4.1 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, low crime rates, a highly educated population. Areas to be aware of include high housing costs. Peapack and Gladstone stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Peapack and Gladstone is $184,231, which is significantly higher than the national average — 145% above $75,149. This places Peapack and Gladstone among higher-income communities. The job market is very strong with unemployment at just 0.9%. Only 2.4% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 25 minutes.

Cost of Living & Housing

The median home value in Peapack and Gladstone is $843,400, making it a premium housing market at 199% above the U.S. median of $281,900. Renters pay a median of $1,827 per month, significantly above the national average of $1,163. A price-to-income ratio of 4.6x indicates a reasonably affordable housing market.

Safety & Crime

Peapack and Gladstone is a very safe community with a violent crime rate of 0 per 100,000 residents — well below the national average of 380. Property crime occurs at a rate of 386 per 100,000, 80% below the national average.

Education

Peapack and Gladstone is a highly educated community — 69.4% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 97.4% have completed high school. Local schools score 6.2/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Peapack and Gladstone experiences four distinct seasons with an average temperature of 53°F. Winters average 30°F in January while summers reach 75°F in July. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.

Peapack and Gladstone has a population of 2,547 with a density of 445 people per square mile. The median age is 47.3 years, 22% older than the national median of 38.9. The city is predominantly White (88.8%), with 3.6% Black.

Population

2,547
Total Population
445
People / sq mi
47.3yrs
Median Age
22% above US avg
5.7mi²
Land Area

Gender Distribution

Male 48.7%
Female 51.3%

Race & Ethnicity

Peapack and Gladstone vs U.S. Average

Language Spoken at Home

English Only84.8%
8% above US avg
Spanish15.2%
13% above US avg

Social Characteristics

Peapack and Gladstone vs U.S. Average

The median household income in Peapack and Gladstone is $184,231, which is 145% above the national average of $75,149. The unemployment rate is 0.9% (below the 3.6% US average). 2.4% of residents live below the poverty line. Workers commute an average of 25 minutes.

Income: Peapack and Gladstone vs U.S.

Commute Mode

Income

Median HH Income$184,231
145% above US avg
Per Capita Income$102,494
Avg Weekly Wage$2,046
IRS Avg AGI$152,534

Employment & Poverty

Unemployment0.9%
75% below US avg
Poverty Rate2.4%
81% below US avg
Establishments (County)10,950
County GDP$54,494M

Business (County)

Restaurants823
Healthcare1,266
Retail1,003
Manufacturing243

Tax & Cost of Living

Property Tax (IRS)$13,089
274% above US avg
Effective Tax Rate1.55%

Commute & Transportation

Commute Time25.3 min
Drive Alone55.3%
Public Transit2.6%
Work from Home23.8%

Walkability

The median home value in Peapack and Gladstone is $843,400, 199% above the national average. Monthly rent averages $1,827 (57% above US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$843,400
199% above US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$1,827
57% above US avg
Rent Burden51.0%

HUD Fair Market Rent

Studio$1,599
1 Bedroom$1,759
2 Bedrooms$2,132
3 Bedrooms$2,658
4 Bedrooms$3,005

Ownership & Property

Owner-Occupied76.1%

Property Tax

Avg Tax (IRS)$13,089
274% above US avg
Effective Rate1.55%
In Peapack and Gladstone, 25.6% of adults are obese (below the 32.1% national rate). 16.5% report depression. 15.4% are physically inactive.

Health Metrics: Peapack and Gladstone vs U.S. Average (%)

Chronic Conditions

Obesity25.6%
20% below US avg
Diabetes6.4%
Heart Disease3.7%
High Blood Pressure24.1%
Asthma8.3%
COPD3.1%
Stroke1.9%

Behaviors & Mental Health

Binge Drinking17.7%
Physical Inactivity15.4%
Depression16.5%
Mental Distress13.6%
Physical Distress8.8%

Healthcare Access

Insurance Rate86.5%
Checkup Rate76.3%
Premature Death4,545/100K

Food & Exercise

Food Environment9.6/10
Exercise Access92.1%
Healthcare Facilities1,266
Peapack and Gladstone has a violent crime rate of 0 per 100,000 residents, 100% below the national average of 380. Property crime stands at 386 per 100,000 (80% below US avg). The murder rate is 0.0 per 100,000.

Crime Rates: Peapack and Gladstone vs U.S. Average (per 100,000)

Violent Crime

Total Violent0.0/100K
100% below US avg
Murder0.0/100K
100% below US avg
Rape0.0/100K
Robbery0.0/100K
Assault0.0/100K

Property Crime

Total Property386.3/100K
80% below US avg
Burglary115.9/100K
Theft270.4/100K
Vehicle Theft0.0/100K
Arson0.0/100K

Traffic Safety

Fatal Crashes (County/yr)17

Safety Score

Safety GradeC+
Safety Score2.5 / 5.0
Peapack and Gladstone has an average annual temperature of 53°F (11°C). Winters average 30°F in January while summers reach 75°F in July. Annual precipitation is 45.5 inches. Air quality is rated Good with a median AQI of 39.

Temperature

30°F Jan (-1°C) 75°F Jul (24°C)
Annual Average52.5°F
3% below US avg
January Average30°F (-1°C)
July Average75°F (24°C)

Precipitation & Snow

Annual Rainfall45.5 inches
20% above US avg

Air Quality

AQI Median39.0
RatingGood

Geography

Elevation301 ft (92 m)
Area5.7 sq mi (14.8 km²)
Population Density445/sq mi
Coordinates40.7158°N, 74.6541°W
County FIPS34035
It is classified as Metro — 1 million+. 69.4% of residents hold a bachelor's degree or higher (106% above US avg). In the 2024 election, the county voted Democrat by a 13.9-point margin. 92.4% of households have broadband internet.

2024 Presidential Election (County)

R 41.8%
D 55.7%

Winner: Democrat by 13.9 points

Education

Bachelor's Degree+69.4%
106% above US avg
High School+97.4%
School Test Score6.24
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density445/sq mi
Total Area5.7 sq mi

Infrastructure & Services

Broadband Access92.4%
Public Libraries17
Healthcare Facilities1,266
Restaurants823
Retail Stores1,003

Safety & Disasters

Fatal Crashes (County/yr)17
C+ Safety Grade (2.5/5.0)

Commute & Transportation

Avg Commute25.3 min
Drive Alone55.3%
Public Transit2.6%
Work from Home23.8%

Nearby Cities

Compare Peapack and Gladstone with another city: