Peapack and Gladstone borough

County:: Somerset County
County Seat:: No
Area (mi²):: 5.733
State:: New Jersey

Peapack and Gladstone borough is located in Somerset County, New Jersey. Peapack and Gladstone borough has a 2025 population of 2,508. Peapack and Gladstone borough is currently declining at a rate of -0.59% annually and its population has decreased by -1.72% since the most recent census, which recorded a population of 2,552 in 2020.

The average household income in Peapack and Gladstone borough is $255,808 with a poverty rate of 2.36%. The median age in Peapack and Gladstone borough is 47.3 years: 46.4 years for males, and 47.6 years for females.

Demographics

The racial composition of Peapack and Gladstone borough includes 88.85% White, 3.57% Black or African American, 3.18% Asian, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Black or African American

Two or more races

Asian

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	2,263	88.85%
Black or African American	91	3.57%
Two or more races	90	3.53%
Asian	81	3.18%
Other race	22	0.86%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%

Peapack and Gladstone borough Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Peapack and Gladstone borough's average per capita income is $88,480. Household income levels show a median of $184,231. The poverty rate stands at 2.36%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$218,942	-
Families	$200,242	$282,957
Households	$184,231	$255,808
Non Families	-	$156,245

$88,480

Average Income

$184,231

Median Household Income

2.36%

Poverty Rate