Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs |
|---|---|
| Avg HH 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 |
|---|---|
| Median Home Value | $370,100 ▲ 33% above avg |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $2,012/mo |
| Total Housing Units | 8,717 |
| Vacant Units | 385 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Carteret is a city in New Jersey, located in Middlesex County. The city spans 1 ZIP code and is home to approximately 25,220 residents. It is a middle-aged city, with a median age of 39.3 years.
Economically, Carteret is a middle-income community. The median household income of $87,712 is near the national average. Approximately 10.0% of residents live below the poverty line. The unemployment rate is 8.7%, significantly above the national average.
The real estate market in Carteret is a mid-range housing market. Median home values stand at $370,100, which is above the national average. Renters typically pay around $2,012 per month.
The population of Carteret is moderately educated. 37.2% of adults hold a bachelor's degree or higher — near the national average. The community is racially diverse, with Hispanic as the largest group at 34.0%.
Carteret, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 07008 | 25,220 | $87,712 | $370,100 | $2,012 | 8.7% | 37.2% | 55.3% |