NJ landscape

07977

Peapack, NJ

Total Population

689
5-year trend
+4.7%

Median Household Income

-$666,666,666
5-year trend
+17.2%

Median Home Value

$1,020,800
5-year trend
+25.2%

Median Rent

$1,719
5-year trend
+29.9%

About Peapack, NJ

Comprehensive Neighborhood Analysis

Neighborhood Profile

Peapack, NJ in Somerset represents a tight-knit residential area with approximately 689 residents. This working-class area is characterized by a premium real estate market, with median home values around $1,020,800 and a median household income of -$666,666,666.

The community features a established, mature community, with a median age of 40.8 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.

Population
689

Small-sized community with diverse demographics

Median Income
-$666,666,666

Working-class earning profile

Home Value
$1,020,800

Premium real estate market

Quality of Life Overview

Our comprehensive analysis evaluates Peapack, NJ across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of NaN/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.

Key Insights

What the data tells us about this area

Median household income is 2012% lower than the state average, indicating a more affordable area.

Home values are 103% higher than the state average. This area has a competitive real estate market.

50% of adults (25+) have a bachelor's degree or higher, suggesting a highly educated community.

Quick Facts & Insights

Key metrics and how they compare

Household Income
-$666,666,666
2012.2% below state avg
Home Value
$1,020,800
103.3% above state avg
Rent
$1,719
100% above state avg
Population Density
689 residents
Median Age
40.8 years

Livability Score

Overall quality of life rating based on key factors

Overall Livability
NaN
Below Average
Out of 100

Score Breakdown

Amenities
-444399/100
Cost of Living
100/100
Safety
NaN/100
Education
49/100
ℹ️ Hover for details
Employment
75/100
Housing
-156705/100
Weather
69/100

Expert Analysis & Insights

Data-Driven Community Assessment

Our team of data analysts and urban planning experts have evaluated Peapack, NJ across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.

Excellent Housing Affordability

Strength

With a home price-to-income ratio of -0.0:1, homes in Peapack, NJ are highly affordable relative to local incomes. This compares favorably to the national benchmark of 3-4:1, making homeownership more accessible.

Below-Average Cost of Living

Opportunity

The cost of living index of 58 is below the national average of 100, meaning your dollar stretches further here. This can translate to higher disposable income, easier savings, and improved quality of life.

Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Peapack, NJ 07977

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Coordinates: 40.7079°, -74.6541°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
58
Lower than avg
100 = US National Average

Cost Index by Category

Housing
-2
Below avg
Transportation
90
Average
Healthcare
95
Average
Groceries
85
Below avg
Utilities
92
Average
Overall
58
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
330
Employment Rate
100.0%
Avg. Commute
22 min
Work From Home
25%

Top Industries by Employment

Industry Breakdown

Manufacturing
23.8%
Agriculture, Forestry & Fishing
22.5%
Construction
20%
Educational Services
16.3%
Finance & Insurance
15.6%
Total Employed
330
Total Unemployed
0
Unemployment Rate
0.0%

Nearby ZIP Codes

Explore surrounding areas

Frequently Asked Questions

Everything you need to know about Peapack, NJ

According to the latest U.S. Census Bureau data, Peapack, NJ has a total population of approximately 689 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.

Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.

Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Peapack, NJ

Median household income is 2012% above state average, indicating a relatively affluent area.

High education levels with 50.1% holding bachelor's degrees or higher, well above national average of 33%.

Strong job market with unemployment rate of 0.0%, below national average.

High remote work adoption with 25.3% working from home.

Low poverty rate of 0.0%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$-666,666,666
-887226.5% vs US
vs State Median
2012.2%
State: $-31,562,852
Income Distribution
30.9%
Under $50k
18.7%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.53 people

Total Households
213
Family Households
56.3%

Employment by Industry

Where residents work

#1 Industry
Manufacturing
23.8%
#2 Industry
Agriculture
22.5%
#3 Industry
Construction
20.0%
Total Employed Residents:160

Commute Patterns

How residents get to work

Short Commute
21.0%
Under 10 minutes
Long Commute
0.0%
Over 60 minutes
Work From Home
25.3%
76 workers
Public Transit
1.7%
5 workers
Total Commuting Workers:300
Commute Insights
High remote work adoption (25.3% work from home)
Many residents enjoy short commutes (under 10 minutes)

Labor Force Statistics

Employment Rate
N/A%
330 employed
Labor Force
330
0 unemployed
Unemployment Rate:0.0%
Median Age
40.8 years
Per Capita Income
$93,594
Poverty Rate
0.0%

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