Peapack and Gladstone vs Newark
| Peapack and Gladstone | Newark | |
|---|---|---|
| Population | 2,561 | 307,355 |
| Median Household Income | $202,578 | $52,060 |
| Median Home Value | $868,800 | $373,700 |
| Median Gross Rent | $1,820/mo | $1,392/mo |
| Homeownership Rate | 79.6% | 24.4% |
| Unemployment Rate | 3.0% | 11.6% |
| Bachelor's Degree or Higher | 72.1% | 19.7% |
| Median Age | 44.4 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.