| ZIP Code | 07008 |
|---|---|
| City | Carteret |
| State | New Jersey (NJ) |
| County | Middlesex County |
| Area Code | 732 |
| Elevation | 12 ft |
| Latitude | 40.58379 |
|---|---|
| Longitude | -74.227457 |
| Timezone | New York (DST) |
| FIPS | 34023 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 3.02 |
| Below Poverty | 10.0% ≈ Avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 8.7% ▲ 79% above avg |
| No HS Diploma | 634 (4.1%) |
| HS Graduate | 5,418 (35%) |
| Some College | 2,305 (14.9%) |
| Associates | 1,360 (8.8%) |
| Bachelors | 1,175 (7.6%) |
| Graduate Degree | 4,590 (29.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,712 ▲ 15% above avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $370,100 ▲ 33% above avg ↑ 36% since 2019 |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $2,012/mo ↑ 35% since 2019 |
| Total Units | 8,717 |
| Vacant Units | 385 |
| Avg HH Size | 3.02 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,717 |
|---|---|
| Vacant | 385 |
| Owner Occupied | 55.3% |
| Renter Occupied | 44.7% |
| Avg HH Size | 3.02 |
ZIP code 07008 is located in Carteret, New Jersey, within Middlesex County. With a population of 25,220, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.3 years. Economically, 07008 is a middle-income ZIP code: the median household income of $87,712 is near the national average.
Real estate in ZIP code 07008 represents a mid-range housing market. The median home value of $370,100 is above the national average. Renters can expect to pay around $2,012 per month in median rent. The area has a relatively balanced mix of owners (55.3%) and renters (44.7%). Median home values have increased by 36% since 2019.
The population of 07008 is racially diverse, with Hispanic as the largest group at 34.0%. Residents are moderately educated — 37.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 10.0%. Household income has grown by 20% since 2019.
The unemployment rate in 07008 stands at 8.7%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 07008 in Carteret, NJ is characterized as middle-income, moderately educated, and a middle-aged community. With 25,220 residents, a median household income of $87,712, and a median home value of $370,100, it offers a clear picture of life in this part of New Jersey.