Peapack and Gladstone, NJ (07934) is an affluent suburb located in the Somerset Hills area of New Jersey. Peapack-Gladstone offers a high quality of life with plenty of amenities for its residents to enjoy. The local economy is strong with thriving businesses, such as the century-old Peapack-Gladstone Bank and Recology, a waste management company. Other services in this area include the Gladstone Veterinary Hospital, the Shongum Elementary School, G&P Auto Body, At Home in Peapack Real Estate Agency and Choyce Mechanical Contractors. Shopping opportunities abound in this area as well, with stores like J&M Country Gardens and Jack Rabbit of Bedminster adding to the diverse offerings available. With a two bedroom rent averaging $2290 per month compared to $1430 nationally and a grocery cost index of 110 compared to 100 nationally, Peapack & Gladstone is a great place to live or visit!
Peapack and Gladstone (zip 07934) has an unemployment rate of 6.3%. The US average is 6.0%.
Peapack and Gladstone (zip 07934) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Peapack and Gladstone (zip 07934)
- The Sales Tax Rate for Peapack and Gladstone (zip 07934) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Peapack and Gladstone (zip 07934) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Peapack and Gladstone (zip 07934)
- The average income of a Peapack and Gladstone (zip 07934) resident is $81,406 a year. The US average is $37,638 a year.
- The Median household income of a Peapack and Gladstone (zip 07934) resident is $162,333 a year. The US average is $69,021 a year.