| City: | Peapack, New Jersey |
| County: | Somerset County |
| Timezone: | Eastern (GMT -05:00) |
| Local Time: | 8:23:14 PM |
| Population: | 939 [See All] |
| Area Code: | 908 |
| Classification: | PO Box |
| Coordinates: | 40.7104, -74.6509 |
| Land Area: | 1.973 sq mi |
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Peapack is an affluent village in Somerset County, New Jersey, where every resident picks up mail at the post office. This is a PO Box Only Zone with no street delivery alternative anywhere in the ZIP code. Rural carrier routes R001 and R002 serve addresses for package delivery, but letter mail goes to one of the 365 PO Boxes at the local post office.
The village packs significant wealth into under 2 square miles. Median home values reach $798,600, and 92% of housing stock predates 1939. Street names like Main Street, Holland Road, and Railroad Avenue trace Peapack's history as a small railroad town that became a retreat for wealthy New Yorkers.
An unusual employment pattern stands out here. Some 2,534 people work within the ZIP code despite a resident population of just 939. That's nearly three workers for every resident, suggesting Peapack is home to a major employer or corporate campus drawing commuters from surrounding areas. About 17% of residents work from home, well above average.
Of the 939 residents, 190 (20%) live in institutional group quarters. The median age of 30.1 years is young for such an affluent community. Educational attainment runs high at 61.8% with bachelor's degrees or higher. The PO Box adoption rate of 1.40 (365 boxes for 261 households) indicates some regional service, though most boxes serve local residents and the businesses operating here.
Traditional small-town street names including Main Street, Railroad Avenue, and School Street reflect Peapack's 19th-century origins as a railroad community.
ZIP Code 07977 has 939 residents and 261 households (average 2.87 persons per household). The median age is 30.1 years, significantly younger than the state (39.9) and significantly younger than the nation (38.8). The gender split is 47.5% male and 52.5% female, which is slightly lower than the national male share (49.1%), making this a female-majority area. Largest groups are White (72.1%, much higher than the state average of 55.0% and well above the national average of 61.6%) and Hispanic or Latino (20.9%); Hispanic or Latino residents make up 20.9%, which is slightly higher than the national average (18.7%).
Explore More: Population Over Time By Age & Gender By Race By Gender Nativity & Citizenship
| 2020 Population: | 939Source: Census DHC |
| 2024 ACS Population Estimate: | 917Source: Census ACS |
| 2026 ZC Population Estimate: | 0Source: ZIP-Codes.com |
| Population Density: | 475.9 people per sq mile |
| Average Income: | $150,875Source: Census ACS |
| Households: | 261Source: Census DHC |
| Average House Value: | $870,600Source: Census ACS |
| Persons Per Household: | 2.87Source: Census DHC |
| Average Family Size: | 3.07Source: Census ACS |
| Group | 2010 | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Census ACS Population Estimate | -- | 671 | 627 | 611 | 545 | 609 | 597 | 567 | 634 | 731 | 503 | 885 | 689 | 733 | 917 |
| Decennial Census | 669 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 939 | -- | -- | -- | -- |
Median Age: 30.1
Male Median Age: 27.4
Female Median Age: 37.3
| Group | < 5 | 5-9 | 10-14 | 15-19 | 20-24 | 25-29 | 30-34 | 35-39 | 40-44 | 45-49 | 50-54 | 55-59 | 60-64 | 65-69 | 70-74 | 75-79 | 80-84 | 85+ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Male | 17 | 9 | 58 | 52 | 64 | 56 | 7 | 10 | 17 | 16 | 24 | 28 | 26 | 21 | 17 | 22 | 0 | 2 |
| Female | 17 | 20 | 42 | 58 | 43 | 33 | 20 | 33 | 15 | 29 | 45 | 37 | 36 | 26 | 16 | 8 | 7 | 8 |
| Total | 34 | 29 | 100 | 110 | 107 | 89 | 27 | 43 | 32 | 45 | 69 | 65 | 62 | 47 | 33 | 30 | 7 | 10 |
| White: | 677 | 62.80% |
| Black: | 50 | 4.64% |
| Hispanic:* | 196 | 18.18% |
| Asian: | 25 | 2.32% |
| American Indian: | 0 | 0% |
| Hawaiian: | 0 | 0% |
| Other: | 130 | 12.06% |
| Total: | 1,078 | 100% |
| Gender | Count | % | Median Age |
|---|---|---|---|
| Males: | 446 | 47.50% | 27.4 years |
| Females: | 493 | 52.50% | 37.3 years |
| Total: | 939 | 100% | 30.1 years |
| Native, born in the United States: | 707 | 77.10% |
| Native, born in PR, Island Areas, or abroad: | 0 | 0.00% |
| Foreign born, naturalized U.S. citizen: | 116 | 12.65% |
| Foreign born, not a U.S. citizen: | 94 | 22.90% |
| Total Population: | 917 | 100% |
| Total Native Population: | 707 | 77.10% |
| Total Foreign-born Population: | 210 | 22.90% |
In 2024, the Median household income is $150,875, which is much higher than the national median ($78,538), is up $31,187 (26.1%) since 2011 and above its 2019 pre-pandemic level by $63,687. Family households earn a median of $188,393 versus $0 for nonfamily households (a difference of $188,393). By gender, male median income is $183,241 and female is $138,750, which is much higher than the national female median ($53,445), with a current gap of $44,491 that has widened from 2011 to 2024. The labor-force participation rate is 61.1%, which is a bit lower than the national rate (63.5%). The unemployment rate is 2.5%, which is considerably lower than the national rate (5.2%). The largest occupation group is Management (60.9%).
Explore More: Income Over Time Household Income Employment Status By Occupation
| Income Type | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Household Income | $119,688 | $120,250 | $130,172 | $103,654 | $0 | $48,289 | $74,063 | $85,833 | $87,188 | $88,421 | $0 | $0 | $0 | $150,875 |
| Median Family Income | $127,381 | $128,958 | $132,112 | $145,938 | $0 | $48,421 | $0 | $86,071 | $101,875 | $89,474 | $0 | $0 | $183,205 | $188,393 |
| Median NonFamily Income | $19,250 | $23,750 | $22,250 | $22,250 | $0 | $0 | $0 | $0 | $0 | $46,000 | $0 | $0 | $52,632 | $0 |
| Median Male Income | $54,167 | $54,167 | $53,836 | $91,250 | $0 | $128,750 | $0 | $0 | $0 | $0 | $105,326 | $0 | $176,037 | $183,241 |
| Median Female Income | $78,333 | $81,250 | $82,250 | $0 | $0 | $46,333 | $46,875 | $49,167 | $49,091 | $0 | $95,000 | $161,042 | $132,563 | $138,750 |
| Employed: | 425 | 59.52% |
| Unemployed: | 11 | 1.54% |
| Not In Labor Force: | 278 | 38.94% |
| Total: | 714 | 100% |
| Management, business, science, and arts: | 259 | 60.94% |
| Service: | 32 | 7.53% |
| Sales and Office: | 112 | 26.35% |
| Natural resources, construction, and maintenance: | 3 | 0.71% |
| Production, transportation, and material moving: | 19 | 4.47% |
| Total Civilian Employed Population: | 425 | 100% |
In 2024, the median home value is $870,600, which is markedly greater than the national median ($303,400), is up $183,100 (26.63%) since 2011 and above its 2019 pre-pandemic level by $364,000. The median gross rent is $0, which is well under the national median ($1,348), is down $1,625 (100.00%) since 2011 and below its 2019 pre-pandemic level by $1,338. Of occupied housing, owners make up 73.60% (39.46% with a mortgage, 60.54% free-and-clear) and renters 26.40% - making this ZIP Code under national rental averages. The vacancy rate is 9.28%, which is much lower than the national rate (10.43%).
Explore More: Compare Home Value Home Value Over Time Rent & Over Time Housing Occupancy
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Home Value | $687,500 | $650,000 | $715,300 | $588,200 | $480,600 | $473,100 | $495,100 | $484,800 | $506,600 | $619,300 | $659,100 | $1,020,800 | $798,600 | $870,600 |
| Less than $500: | 0 | 0.00% |
| $500 to $999: | 0 | 0.00% |
| $1,000 to $1,499: | 0 | 0.00% |
| $1,500 to $1,999: | 73 | 91.25% |
| $2,000 to $2,499: | 0 | 0.00% |
| $2,500 to $2,999: | 0 | 0.00% |
| $3,000 or more: | 0 | 0.00% |
| No Rent: | 7 | 8.75% |
| Total: | 80 | 100% |
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Rent | $1,625 | $1,163 | $1,149 | $2,001 | $1,162 | $1,138 | $1,208 | $1,385 | $1,338 | $1,717 | $1,808 | $1,719 | $0 | $0 |
| Owner Occupied (with mortgage): | 88 | 29.04% |
| Owner Occupied (free and clear, no mortgage): | 135 | 44.55% |
| Renter Occupied: | 80 | 26.40% |
| Total Occupied Housing Units: | 303 | 100% |
| Occupied Housing Units: | 303 | 90.72% |
| Vacant Housing Units (not graphed): | 31 | 9.28% |
| Total Housing Units: | 334 | 100% |
| Single-Family Units: | 334 | 100.00% |
| Multi-Family Units: | 0 | 0.00% |
| Other Units: | 0 | 0.00% |
| Total Housing Units: | 334 | 100% |
In 2024, 70.30% of adults (25+) have a bachelor's degree or higher, which is far higher than the national rate (35.00%). High school or higher is 94.80%, which is comparable to the national rate (89.40%). The uninsured rate is 9.70%, which is comparable to the national rate (8.60%). The share of people in poverty is 0.00%, which is comparable to the national rate (8.70%). Poverty has been broadly stable, which may reflect structural barriers or offsetting gains and setbacks. Among residents ages 3+, the largest enrollment group is high school (41.47%). College enrollment is 24.42%, which is comparable to the national rate (26.70%), meaning the community mirrors broader higher-education participation.
Explore More: Educational Attainment Health Insurance Poverty Over Time School Enrollment
| Less than 9th grade: | 29 | 5.19% |
| 9th to 12th grade, no diploma: | 0 | 0.00% |
| High school graduate (includes equivalency): | 117 | 20.93% |
| Some college, no degree: | 20 | 3.58% |
| Associate's degree: | 0 | 0.00% |
| Bachelor's degree: | 157 | 28.09% |
| Graduate or professional degree: | 236 | 42.22% |
| Total: | 559 | 100% |
| High school or higher: | 530 | 94.81% |
| Bachelor's degree or higher: | 393 | 70.30% |
| Private Insurance: | 504 | 64.29% |
| Public Insurance: | 206 | 26.28% |
| No Insurance: | 74 | 9.44% |
| Total: | 784 | 100% |
| Has Health Insurance: | 710 | 90.56% |
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| % of People in Poverty | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Note: Counts of Families & People in poverty are not published at the ZIP Code level due to small sample sizes. Percentages shown are survey estimates from the American Community Survey (ACS). They may differ from official poverty statistics. The U.S. Census Bureau defines poverty status by comparing a family's or individual's total income with federal poverty thresholds that vary by family size and composition.
| Nursery School, Preschool: | 30 | 11.63% |
| Kindergarten: | 0 | 0.00% |
| Elementary school (grades 1-8): | 58 | 22.48% |
| High school (grades 9-12): | 107 | 41.47% |
| College or graduate school: | 63 | 24.42% |
| Total: | 258 | 100% |
| Early Childhood: | 30 | 11.63% |
| K-12 (Primary & Secondary School): | 165 | 63.95% |
ZIP Code 07977 supports both business and residential activity. According to the Business Census (2024), there are 41 business establishments, employing about 2,799 people with an annual payroll of $469,887,000.
| # Residential Mailboxes: | 0Source: USPS |
| # Business Mailboxes: | 0Source: USPS |
| Total Delivery Receptacles: | 427Source: USPS |
| Single Family Delivery Units: | 0Source: USPS |
| Multi Family Delivery Units: | 0Source: USPS |
| # of Businesses: | 41Source: CBP |
| 1st Quarter Payroll: | $230,331,000Source: CBP |
| Annual Payroll: | $469,887,000Source: CBP |
| # of Employees: | 2,799Source: CBP |
ZIP Code 07977 is located in Somerset County, New Jersey, within the New York-Newark-Jersey City, NY-NJ Metropolitan Statistical Area (CBSA 35620) and New Jersey's 7th Congressional District. This Metro area has a population of 18,897,109 people, about 0.00% of whom live in ZIP Code 07977, and is subdivided into the Lakewood-New Brunswick, NJ division. It covers 1.973 sq mi of land and a water area of 0.051 sq mi.
| CBSA Name: | New York-Newark-Jersey City, NY-NJSource: Census |
| CBSA Number: | 35620Source: Census |
| CBSA Type: | MetroSource: Census |
| CBSA Division: | Lakewood-New Brunswick, NJ (CBSA Div 29484)Source: Census |
| CBSA Population: | 18,897,109Source: Census |
| MSA: | New York-Northern New Jersey-Long Island, NY-NJ-CT-PASource: Census |
| Land Area: | 1.973 sq miSource: Census |
| Water Area: | 0.051 sq miSource: Census |
| Congressional District: | 07Source: USPS |
| Congressional Land Area: | 970.19 sq miSource: Census |
| PMSA: | Middlesex-Somerset-Hunterdon, NJ PMSASource: Census |
| Intro Date: | < 2004-10Source: ZIP-Codes.com |
| Place FIPS Code: | --Source: Census |
| Place Name: | --Source: Census |
We could not locate which school district 07977 belongs to, but we will update this once new district data is released. There are no public schools nor private schools with a mailing address in this ZIP Code. Listing Nearby schools instead. It also has 6 colleges, universities or post secondary education institutions nearby which would be a short commute to.
Our sources include trusted federal and licensed data from the United States Postal Service, U.S. Census Bureau, U.S. Geological Survey, Centers for Medicare & Medicaid Services, and the National Center for Education Statistics, along with proprietary datasets created by ZIP-Codes.com. Data last updated on February 1, 2026.