How many renters in Peapack and Gladstone Borough, NJ pay more than 30% of their income on rent?

Name: Rent burden in Peapack and Gladstone Borough, NJ, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

85.7% (±41.3 points) of renting households in Peapack and Gladstone Borough, NJ spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

85.7% spend 35% or more.

The median renting household spends 50.0% or more of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 85.7% (±41.3 points)
Paying 35% or more: 85.7% (±24.4 points)
Median share of income: 50.0% or more

Rent as a share of income in Peapack and Gladstone Borough

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Peapack and Gladstone Borough	Somerset County	New Jersey	United States
Less than 15%	14.3% (±24.4 points)	11.5%	12.2%	12.6%
15% to 19.9%	0.0% (±33.3 points)	13.3%	12.3%	12.2%
20% to 24.9%	0.0% (±33.3 points)	13.7%	12.6%	12.6%
25% to 29.9%	0.0% (±33.3 points)	12.5%	11.4%	11.5%
30% to 34.9%	0.0% (±33.3 points)	8.5%	8.9%	9.2%
35% or more	85.7% (±24.4 points)	40.5%	42.7%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

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

Estimate (90% margin of error)
	Peapack and Gladstone Borough	Somerset County	New Jersey	United States
Paying 30% or more	85.7% (±41.3 points)	49.0% (±3.0 points)	51.6% (±0.4 points)	51.1%
Paying 35% or more	85.7% (±24.4 points)	40.5% (±2.6 points)	42.7% (±0.4 points)	41.9%
Median share of income	50.0% or more	29.6% (±1.0 points)	30.9% (±0.3 points)	30.6%
Median renter household income	—	$82,470 (±$5,113)	$62,674 (±$718)	$52,966
Median gross rent	$1,820 (±$157)	$2,033 (±$52)	$1,720 (±$7)	$1,413

In Peapack and Gladstone Borough, the share of renters paying 30% or more of income is not measurably different from Somerset County (49.0%).

It is not measurably different from New Jersey (51.6%).

It is not measurably different from the national figure (51.1%).

In Somerset County, Peapack and Gladstone Borough ranks 1 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 4 of 560.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Peapack and Gladstone Borough

Nearest places with a published estimate, compared with Peapack and Gladstone Borough
Place	Distance	Renters paying 30% or more of income	Compared with this place
Peapack and Gladstone Borough	—	85.7% (±41.3 points)	—
Far Hills Borough	2.4 mi	51.0% (±26.7 points)	Not measurably different
Bedminster	2.9 mi	87.3% (±22.3 points)	Not measurably different
Bernardsville Borough	3.4 mi	40.4% (±38.7 points)	Not measurably different
Bedminster Township	3.4 mi	50.5% (±12.4 points)	Not measurably different
Chester Township	4.5 mi	72.3% (±58.6 points)	Not measurably different
Mendham Borough	4.6 mi	36.6% (±24.1 points)	Lower
The Hills	4.6 mi	41.0% (±12.7 points)	Lower
Basking Ridge	5.1 mi	47.4% (±24.8 points)	Not measurably different

Nearby places with a measurably lower figure: Mendham Borough, NJ (36.6%), The Hills, NJ (41.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Somerset County, place by place

Rank	Place	Renters paying 30% or more of income
1	Peapack and Gladstone Borough	85.7% (±41.3 points)
2	South Bound Brook Borough	69.2% (±15.4 points)
3	Bound Brook Borough	65.4% (±10.6 points)
4	Watchung Borough	62.1% (±29.8 points)
5	North Plainfield Borough	56.0% (±10.7 points)
6	Montgomery Township	54.4% (±13.2 points)
7	Far Hills Borough	51.0% (±26.7 points)

Showing 7 of 21 places in Somerset County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Peapack and Gladstone Borough

Are renters in Peapack and Gladstone Borough rent-burdened?

85.7% of renting households in Peapack and Gladstone Borough pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Peapack and Gladstone Borough spend on rent?

The median renting household in Peapack and Gladstone Borough, NJ spends 50.0% or more of its household income on gross rent.

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) and detailed tables (acs/acs5) 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 API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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.