Is Peapack and Gladstone Borough, NJ growing?

Peapack and Gladstone Borough, NJ had an estimated 2,571 (±31) residents in 2020–2024, against 2,575 in 2015–2019.

That is a change of −0.2%, not a measurable change.

Its housing went from 834 to 996 homes (+19.4%), a measurable increase.

0.0% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
2,571 (±31)
Amount of change
−0.2%
Homes change
+19.4%
Built 2020 or later
0.0%

Residents and homes in Peapack and Gladstone Borough, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents2,575 (±18)2,571 (±31)−0.2%Not a measurable change
Housing units834 (±89)996 (±116)+19.4%Measurable increase
Households that rent20.1% (±9.9 points)20.4% (±11.9 points)+0.3 percentage pointsNot a measurable change
Median gross rent$1,526 (±$314)$1,820 (±$157)+19.3%No measurable change after inflation
Median home value$680,900 (±$43,381)$868,800 (±$51,688)+27.6%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Growth in Peapack and Gladstone Borough against Somerset County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Peapack and Gladstone Borough−0.2%Not a measurable change+19.4%
Somerset County+6.1%Measurable increase+5.5%
New Jersey+5.2%Measurable increase+4.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Peapack and Gladstone Borough

Housing units by year built, 2020–2024
Year builtPeapack and Gladstone BoroughSomerset CountyNew JerseyUnited States
2020 or later0.0% (±4.4 points)1.3%1.1%2.0%
2010 to 20193.2% (±2.3 points)6.1%6.2%9.4%
2000 to 20094.9% (±5.1 points)9.7%9.2%13.6%

3.2% of the homes in Peapack and Gladstone Borough were built in 2010 or later.

The median age of residents is 44.4 years.

Growth in places near Peapack and Gladstone Borough

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Peapack and Gladstone Borough—2,571−0.2%Not a measurable change
Far Hills Borough2.4 mi948+10.2%Not a measurable change
Bernardsville Borough3.4 mi7,916+3.1%Measurable increase
Bedminster Township3.4 mi8,283+3.0%Measurable increase
Chester Township4.5 mi7,748−0.4%Not a measurable change
Mendham Borough4.6 mi4,973+1.1%Measurable increase
Bernards Township5.3 mi28,114+3.8%Measurable increase
Chester Borough5.5 mi1,512−8.5%Not a measurable change
Tewksbury Township6.5 mi5,893+1.4%Measurable increase

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Peapack and Gladstone Borough

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Peapack and Gladstone Borough beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Peapack and Gladstone Borough, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Peapack and Gladstone Borough, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Peapack and Gladstone Borough

Is Peapack and Gladstone Borough growing?

Peapack and Gladstone Borough, NJ had an estimated 2,571 residents in 2020–2024 and 2,575 in 2015–2019, a change of −0.2%: not a measurable change by the Census Bureau’s test.

How many homes have been added in Peapack and Gladstone Borough?

The estimated number of housing units went from 834 in 2015–2019 to 996 in 2020–2024 (+19.4%), a measurable increase.

How much new construction is there in Peapack and Gladstone Borough?

0.0% of homes in Peapack and Gladstone Borough were built in 2020 or later and 3.2% between 2010 and 2019.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Peapack and Gladstone borough, Somerset County, New Jersey (county subdivision:57300, in state:34 county:035).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related