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Peapack and Gladstone, NJ
Full City Profile · New Jersey · Somerset County County
Peapack and Gladstone, NJ
At a Glance
How Peapack and Gladstone Compares to the U.S. Average
Each bar shows Peapack and Gladstone's value as a percentage of the national average (100% = U.S. avg)
Is Peapack and Gladstone a Good Place to Live?
Economy & Jobs
Peapack and Gladstone residents earn a median household income of $184,231 , which is 145% above the national average of $75,149. Per capita income is $102,494. The unemployment rate stands at 0.9% (75% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 10,950 business establishments, including 823 restaurants.
Housing & Cost of Living
The median home value in Peapack and Gladstone is $843,400 , 199% above the national median of $281,900. Zillow estimates the typical home at $1,341,690. Median rent is $1,827/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1969.
Safety & Crime
Peapack and Gladstone reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 386/100K. The murder rate is 0.0/100K.
Education
69.4% of adults in Peapack and Gladstone hold a bachelor's degree or higher (106% above the national average). 97.4% have completed high school. Local schools score 7.3/10 in standardized testing.
Climate & Weather
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. The area gets 275 sunny days per year. Annual precipitation totals 45.5 inches. Air quality is rated Good with a median AQI of 39.