All Countries
Peapack and Gladstone, NJ
Full City Profile · New Jersey · Somerset County County
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
$1,341,690 Zillow
$1,827
Median Rent
51.0% income on rent
53°F
Avg Temperature
275 sunny days/yr
A
Overall
4.1 / 5.0
Strong
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
A+
Education
5.0 / 5.0
69.4% bachelor's degree or higher
Income Overview
Median Household Income
$184,231
145% above
US avg: $75,149
Per Capita Income
$102,494
162% above
US avg: $39,052
Unemployment Rate
0.9%
75% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Peapack and Gladstone vs. U.S. Average
Each bar shows Peapack and Gladstone’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$184,231
245%
Per Capita
US: $39,052
$102,494
262%
IRS Avg AGI
US: $72,000
$152,534
212%
Avg Weekly Wage
US: $1,432
$2,046
143%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$2,046
43% above US avg ($1,432)
Mean Commute Time
25 min
8% below US avg (28 min)
Work From Home
23.8%
57% above US avg (15.2%)
Drive Alone
55.3%
24% below US avg (73.2%)
Public Transit
2.6%
48% below US avg (5.0%)
County GDP
$54,494M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
55.3%
Public Transit
2.6%
Work From Home
23.8%
Other
18.3%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
10,950
Restaurants
823
Healthcare
1,266
Retail
1,003
Manufacturing
243
Tax & Financial
IRS Avg Adjusted Gross Income
$152,534
112% above US avg ($72,000)
Avg Property Tax
$13,089
274% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $184,231 |
| Per Capita Income | $102,494 |
| IRS Avg Adjusted Gross Income | $152,534 |
| Avg Weekly Wage | $2,046 |
| County GDP | $54,494M |
Hardship Indicators
| Unemployment Rate | 0.9% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.462 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 55.3% |
| Public Transit | 2.6% |
| Work From Home | 23.8% |
Businesses
| Total Establishments | 10,950 |
| Restaurants | 823 |
| Healthcare | 1,266 |
| Retail | 1,003 |
| Manufacturing | 243 |
Tax
| IRS Avg AGI | $152,534 |
| Avg Property Tax | $13,089 |