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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,575 (±18) | 2,571 (±31) | −0.2% | Not a measurable change |
| Housing units | 834 (±89) | 996 (±116) | +19.4% | Measurable increase |
| Households that rent | 20.1% (±9.9 points) | 20.4% (±11.9 points) | +0.3 percentage points | Not 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
| Residents | Verdict | Housing 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
| Year built | Peapack and Gladstone Borough | Somerset County | New Jersey | United States |
|---|---|---|---|---|
| 2020 or later | 0.0% (±4.4 points) | 1.3% | 1.1% | 2.0% |
| 2010 to 2019 | 3.2% (±2.3 points) | 6.1% | 6.2% | 9.4% |
| 2000 to 2009 | 4.9% (±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
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Peapack and Gladstone Borough | — | 2,571 | −0.2% | Not a measurable change |
| Far Hills Borough | 2.4 mi | 948 | +10.2% | Not a measurable change |
| Bernardsville Borough | 3.4 mi | 7,916 | +3.1% | Measurable increase |
| Bedminster Township | 3.4 mi | 8,283 | +3.0% | Measurable increase |
| Chester Township | 4.5 mi | 7,748 | −0.4% | Not a measurable change |
| Mendham Borough | 4.6 mi | 4,973 | +1.1% | Measurable increase |
| Bernards Township | 5.3 mi | 28,114 | +3.8% | Measurable increase |
| Chester Borough | 5.5 mi | 1,512 | −8.5% | Not a measurable change |
| Tewksbury Township | 6.5 mi | 5,893 | +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.
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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
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Peapack and Gladstone borough, Somerset County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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
- Housing in Peapack and Gladstone Borough at a glance
- Median rent in Peapack and Gladstone Borough
- Rent burden in Peapack and Gladstone Borough
- Income and affordability in Peapack and Gladstone Borough
- Home values in Peapack and Gladstone Borough
- Homeowner costs in Peapack and Gladstone Borough
- Property taxes in Peapack and Gladstone Borough
- Types of homes in Peapack and Gladstone Borough
- Age of homes in Peapack and Gladstone Borough
- Heating fuel in Peapack and Gladstone Borough
- Commute and cars in Peapack and Gladstone Borough
- Crime reported to police in Peapack and Gladstone Borough
- New Jersey landlord and tenant rules
- Housing across Somerset County
- Housing data for every place in New Jersey