Carteret borough, New Jersey
CityPopulation: 25,187 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Carteret borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Carteret borough
- What is the median household income in Carteret borough?
- The median household income in Carteret borough is $87,553 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Carteret borough?
- The poverty rate in Carteret borough is 8.1% (U.S. Census Bureau ACS 2023).
- What is the median home value in Carteret borough?
- $370,200 (U.S. Census Bureau ACS 2023).
- What is the average rent in Carteret borough?
- The median gross rent in Carteret borough is $2,012 per month (U.S. Census Bureau ACS 2023).
- What percentage of Carteret borough residents have a college degree?
- 27.7% of adults in Carteret borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
25,187
Median Income
$87,553
Median Home Value
$370,200
Poverty Rate
8.1%
Unemployment (ACS 2023)
8.8%
Median Age
39.0 yrs
Since 2019
Median Income:
+$14,206 (+19.4%)
Home Value:
+$98,000 (+36%)
Poverty Rate:
-3.7 pp (-31.4%)
Bachelor's+:
+3.4 pp (+14%)
Unemployment:
+3.1 pp (+54.4%)
Demographics
Total Population
25,187
Median Age
39.0
Female
51.5%
Race & Ethnicity
Hispanic or Latino 34.0%
White (non-Hisp.) 22.4%
Black 17.3%
Asian 24.5%
Two or More 18.1%
Other 12.2%
Asian Subgroups (% of total pop.)
Indian
17.4%
Filipino
3.3%
Chinese
0.2%
Korean
0.2%
Hispanic Subgroups (% of total pop.)
Puerto Rican
13.3%
Cuban
1.2%
Mexican
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$87,553
±$9,979
-$13,497 vs. state
Per Capita Income
$115,979
Median Family Income
$95,844
Poverty Rate
8.1%
+1.1 pp vs. state
Child Poverty Rate
11.2%
Working-Age Poverty Rate
—
SNAP Recipients
13.1%
Social Security Income
—
Retirement Income
20.4%
Household Income Distribution
< $10k
3.3%
$10–15k
3.1%
$15–25k
3.8%
$25–35k
6.9%
$35–50k
6.5%
$50–75k
18.5%
$75–100k
15.3%
$100–150k
18.8%
$150–200k
11.6%
$200k+
12.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
8,702
Owner-Occupied
55.2%
Renter-Occupied
44.8%
Vacancy Rate
4.4%
Median Home Value
$370,200
-$57,400 vs. state
Median Gross Rent
$2,012
Owner Cost Burden (30%+)
26.0%
Renter Cost Burden (30%+)
24.1%
Home Value Distribution
< $50k
2.5%
$50–100k
2.2%
$100–200k
1.7%
$200–300k
20.2%
$300–500k
58.9%
$500k–$1M
13.4%
$1M+
0.5%
Gross Rent Distribution
< $500
7.6%
$500–1k
9.1%
$1–1.5k
9.2%
$1.5–2k
23.3%
$2–2.5k
38.3%
$2.5–3.5k
11.0%
$3.5k+
1.6%
Vehicle Availability
No vehicle
8.1%
1 vehicle
31.1%
2 vehicles
35.5%
3+
25.3%
Housing Type
Single-fam. det.
50.9%
Single-fam. att.
5.8%
2–4 units
19.0%
5–19 units
4.9%
20+ units
8.9%
Mobile home
2.7%
Housing Age
Pre-1940
13.9%
1940–1969
7.9%
1970–1999
6.2%
2000–2009
12.3%
2010+
7.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
84.6%
Bachelor's or Higher
27.7%
-15.2 pp vs. state
Graduate Degree
7.4%
Some College / Associate
16.3%
Less Than High School
7.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
64.5%
Unemployment Rate
8.8%
+2.6 pp vs. state
Work from Home
9.2%
Self-Employed
3.4%
Government Workers
16.8%
Private For-Profit
79.5%
Industry
Edu/Health
18.4%
Transportation
18.0%
Retail
12.5%
Prof. Services
11.4%
Manufacturing
9.4%
Public Admin
6.4%
Arts/Entmt.
6.1%
Finance
5.8%
Construction
4.6%
Wholesale
3.6%
Agriculture
1.4%
Information
1.1%
Occupation
Management
32.7%
Sales
25.1%
Production
25.1%
Food Prep
12.3%
Construction
4.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.2 min
Drove Alone
68.3%
Carpool
9.9%
Public Transit
7.8%
Work from Home
9.2%
Walked
2.4%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
8,317
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
53.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
17.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
6.6%
5–9
5.0%
10–14
4.9%
15–19
8.1%
20–24
8.6%
25–34
12.0%
35–44
13.0%
45–54
11.4%
55–64
7.3%
65–74
8.1%
75–84
8.7%
85+
4.1%
Under 18: 22.2%
Working age (18–64): 77.8%
65 and over: 15.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
34.7%
Naturalized Citizen
62.8%
Speaks English Less Than Very Well
20.5%
Foreign-Born Origin
Asia
53.6%
Latin America
37.2%
Europe
4.7%
Africa
4.5%
Veterans & Disability
Veteran
3.6%
With a Disability
11.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
90.2%
Uninsured
9.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.3%
Has a Computer
92.9%
Same House 1 Year Ago
93.2%
Moved from Abroad
0.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023