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 2,727 as of July 1, 2016. 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, 2016.


Neighborhood Data

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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, 2016)

POPULATION

Total Population 2,727
Population in Households 2,552
Population in Familes 2,237
Population in Group Qrtrs 175
Population Density1 472
Diversity Index2 41
 

HOUSEHOLDS

Total Households 933
Average Household Size 2.74
Family Households 709
Average Family Size 3

HOUSING

Total Housing Units 1,002 (100%)
Owner Occupied HU 684 (68.3%)
Renter Occupied HU 249 (24.9%)
Vacant Housing Units 69 ( 6.9%)
Median Home Value $831,673
Average Home Value $832,822
 

INCOME

Median Household Income $134,094
Average Household Income $196,514
Per Capita Income $69,713
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.97% 0.84%
Households 0.92% 0.82%
Families 0.91% 0.8%
Median Household Income   2.13%
Per Capita Income   1.87%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood 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.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

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, 2016 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 # 362 34th
Population Density1 # 495 9th
Diversity Index2 # 269 51st
Median Household Income # 39 93rd
Per Capita Income # 30 95th

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