Peapack and Gladstone borough, NJ Profile: Facts, Map & Data

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Peapack and Gladstone borough, New Jersey - Basic Facts

The Borough of Peapack and Gladstone had a population of 2,777 as of July 1, 2017. Peapack and Gladstone borough ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Jersey. See peer rankings below.

The primary coordinate point for Peapack and Gladstone borough is located at latitude 40.7158 and longitude -74.6541 in Somerset County. The formal boundaries for the Borough of Peapack and Gladstone (see map below) encompass a land area of 5.78 sq. miles and a water area of 0.05 sq. miles.

The Borough of Peapack and Gladstone (GNIS ID: 885345) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Beneath the boundary map are tables with Peapack and Gladstone borough population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


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Borough of Peapack and Gladstone, NJ Boundary Map



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Peapack and Gladstone borough, NJ Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 2,777
Daytime Population: Workers 1,974
Daytime Population: Residents 1,541
Total Daytime Population (TDP) 3,515
Ratio TDP/Total Population1 1.27
Population in Households 2,601
Population in Familes 2,283
Population in Group Qrtrs 176
Population Density2 480
Diversity Index3 41
 

INCOME

Median Household Income $141,915
Average Household Income $205,669
Per Capita Income $72,885

HOUSING

Total Housing Units 1,019 (100%)
Owner Occupied HU 696 (68.3%)
Renter Occupied HU 254 (24.9%)
Vacant Housing Units 69 ( 6.8%)
Median Home Value $815,191
Average Home Value $830,846
 

HOUSEHOLDS

Total Households 950
Average Household Size 2.74
Family Households 723
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.09% 0.85%
Households 1.05% 0.85%
Families 1.06% 0.84%
Median Household Income   1.37%
Per Capita Income   1.69%

Peapack and Gladstone borough, NJ - Peer Comparisons by Rank and Percentile

The table below compares Peapack and Gladstone borough to the other 545 incorporated cities, towns and CDPs in New Jersey by rank and percentile using July 1, 2017 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 363 34th
Population Density # 492 10th
Diversity Index # 270 51st
Median Household Income # 39 93rd
Per Capita Income # 29 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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