Peapack and Gladstone borough is located in Somerset County New Jersey. Peapack and Gladstone borough has a 2024 population of 2,523. Peapack and Gladstone borough is currently declining at a rate of -0.59% annually and its population has decreased by -1.14% 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.
According to the most recent ACS, the racial composition of Peapack and Gladstone borough was:
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% |
White
Black or African American
Two or more races
Asian
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 984 | 2.41 | 76.1 | 23.9 |
| Married | 619 | 2.98 | 85.6 | 14.4 |
| Non Family | 222 | 1.08 | 68.9 | 31.1 |
| Female | 112 | 2 | 31.3 | 68.8 |
| Male | 31 | 2.1 | 100 | 0 |
2.77
Average Family Size
2.41
Average Household Size
76.1%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Education Attained | Count | Percentage |
|---|---|---|
| 9th to 12th Grade | 19 | 1.07% |
| Associates Degree | 91 | 5.11% |
| Bachelors Degree | 623 | 34.96% |
| Graduate Degree | 613 | 34.4% |
| High School Graduate | 230 | 12.91% |
| Less Than 9th Grade | 28 | 1.57% |
| Some College | 178 | 9.99% |
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
Race | Total | High School | Bachelors |
|---|---|---|---|
| White | 1,554 | 1,518 | 1,132 |
| Hispanic | 134 | 123 | 19 |
| 2+ Races | 54 | 54 | 37 |
| Asian | 46 | 46 | 46 |
| Other Race | 22 | 22 | 1 |
| Black | 13 | 13 | 12 |
The highest rate of high school graduation is among black people with a rate of 100%.
The highest rate of bachelors degrees is among asian people with a rate of 100%.
All
Male
Female
Name | Average | Male | Female |
|---|---|---|---|
| Bachelors Degree | $132,692 | $142,768 | $117,813 |
| Graduate Degree | $132,083 | $176,463 | $74,107 |
| High School Graduate | $0 | $87,863 | $2,499 |
| Less Than 9th Grade | $0 | $0 | $0 |
| Overall | $88,480 | $120,721 | $61,667 |
| Some College | $47,177 | $47,460 | $0 |
$88,480
Average Earnings
$120,721
Average Male
$61,667
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
86.89% of Peapack and Gladstone borough residents speak only English, while 13.11% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 7.13% of the population.
rate
Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 2,043 | 55 | 2.69% |
| Multiple | 81 | 1 | 1.23% |
| Hispanic | 172 | 1 | 0.58% |
2.36%
Overall Poverty Rate
1.15%
Male Poverty Rate
3.44%
Female Poverty Rate
The race most likely to be in poverty in Peapack and Gladstone borough is White, with 2.69% below the poverty level.
The race least likely to be in poverty in Peapack and Gladstone borough is Hispanic, with 0.58% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 4.35%, and for those that did not work, the poverty rate was 5.41%.
rate
Rate | Poverty |
|---|---|
| Less Than 9th Grade | 17.02% |
| Some College | 4.94% |
| Bachelors or Greater | 2.75% |
| High School | 0.45% |
rate
Rate | Poverty |
|---|---|
| Female Employed | 4.17% |
| Male Employed | 0% |
| Male Unemployed | 0% |
| Female Unemployed | 0% |
Households
Families
MarriedFamilies
NonFamilies
Name | Median | Mean |
|---|---|---|
| Families | $200,242 | $282,957 |
| Households | $184,231 | $255,808 |
| Married Families | $218,942 | $-999,999,999 |
| Non Families | - | $156,245 |
mean
median
Married
Widowed
Divorced
Separated
NeverMarried
61.6%
Overall Marriage Rate
63.7%
Male Marriage Rate
59.7%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Second Gulf War
First Gulf War
Vietnam
Korea
World War II
111
Number of Veterans
101
Male Veterans
10
Female Veterans
War | Veterans |
|---|---|
| Vietnam | 63 |
| Korea | 14 |
| Second Gulf War | 0 |
| First Gulf War | 0 |
| World War II | 0 |
count
Age Group | Veterans |
|---|---|
| 75+ | 63 |
| 65 to 74 | 48 |
| 18 to 34 | 0 |
| 35 to 54 | 0 |
| 55 to 64 | 0 |
count
Name | Veterans | % of Total |
|---|---|---|
| White | 101 | 5.5% |
| Other Race | 10 | 45.45% |
| Hispanic | 10 | 6.49% |
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
48.65%
Veteran Disability Rate
LaborForceParticipation
61.7%
Labor Force Participation
60.8%
Employment Rate
1.5%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
Europe
Asia
Africa
Oceania
Latin America
North America
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Europe
Asia
Africa
Oceania
Latin America
North America
53.59%
Born in Peapack and Gladstone borough
85.08%
Native Born
14.92%
Foreign Born
4.87%
Non Citizen
10.05%
Naturalized
85.08% of Peapack and Gladstone borough residents were born in the United States, with 53.59% having been born in New Jersey. 4.87% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.
Year | Population | Growth | Change |
|---|---|---|---|
| 2029 | 2,448 | -15 | -0.61% |
| 2028 | 2,463 | -15 | -0.61% |
| 2027 | 2,478 | -15 | -0.6% |
| 2026 | 2,493 | -15 | -0.6% |
| 2025 | 2,508 | -15 | -0.59% |
| 2024 | 2,523 | -15 | -0.59% |
| 2023 | 2,538 | -15 | -0.59% |
| 2022 | 2,553 | 2 | 0.08% |
| 2021 | 2,551 | -1 | -0.04% |
| 2020 | 2,552 | -52 | -2% |
| 2019 | 2,604 | 14 | 0.54% |
| 2018 | 2,590 | 19 | 0.74% |
| 2017 | 2,571 | 1 | 0.04% |
| 2016 | 2,570 | 3 | 0.12% |
| 2015 | 2,567 | -4 | -0.16% |
| 2014 | 2,571 | -3 | -0.12% |
| 2013 | 2,574 | 0 | 0% |
| 2012 | 2,574 | 1 | 0.04% |
| 2011 | 2,573 | 4 | 0.16% |
| 2010 | 2,569 | 0 | 0% |