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Carteret, NJ

Full City Profile · New Jersey · Richmond County County

3.2 /5.0
B Good
25,187 Population 5,737/sq mi density
$87,553 Median Income $36,299 per capita
$370,200 Home Value $543,351 Zillow
$2,012 Median Rent 26.6% income on rent
56°F Avg Temperature 275 sunny days/yr
135 Violent Crime/100K 1,121 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$87,553 median income, 5.6% unemployment
A
Affordability
4.3 / 5.0
$370,200 home value, $2,012/mo rent
F
Safety
1.0 / 5.0
135 violent crimes/100K
B
Education
3.2 / 5.0
27.7% bachelor's degree or higher

Carteret, NJ

At a Glance

Median Income
$87,553
17% above
$36,299 per capita
Home Value
$370,200
31% above
Zillow: $543,351
Median Rent
$2,012/mo
73% above
26.6% of income on rent
Violent Crime
135/100K
64% below
1,121/100K property
Bachelor's Degree+
27.7%
18% below
84.6% high school+
Unemployment
5.6%
56% above
8.1% poverty rate
Obesity Rate
33.3%
4% above
12.1% smoking rate
Avg Temperature
56°F
275 sunny days/yr

How Carteret Compares to the U.S. Average

Each bar shows Carteret's value as a percentage of the national average (100% = U.S. avg)

Income
117%
Home Value
131%
Rent
173%
Poverty
65%
Bachelor's
82%
Unemployment
156%
Crime
36%
Thin vertical line = U.S. national average (100%)

Is Carteret a Good Place to Live?

B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Carteret residents earn a median household income of $87,553 , which is 17% above the national average of $75,149. Per capita income is $36,299. The unemployment rate stands at 5.6% (56% above the U.S. rate of 3.6%). 8.1% of residents live below the poverty line. The area is home to 10,738 business establishments, including 897 restaurants.

Housing & Cost of Living

The median home value in Carteret is $370,200 , 31% above the national median of $281,900. Zillow estimates the typical home at $543,351. Median rent is $2,012/month, with 26.6% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1961.

Safety & Crime

Carteret reports 135 violent crimes per 100,000 residents , which is 64% below the national average of 380/100K. Property crime is 1,121/100K. The murder rate is 0.0/100K.

Education

27.7% of adults in Carteret hold a bachelor's degree or higher (18% below the national average). 84.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Carteret has an average annual temperature of 56°F (13°C). Winters average 33°F in January while summers reach 78°F in July. The area gets 275 sunny days per year. Annual precipitation totals 46.6 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population25,187
Median Age39.3 yrs
Density5,737/mi²
Male / Female49% / 52%
Foreign Born13.6%
Veterans3.6%

Economy

A
Median Income$87,553
Per Capita$36,299
Unemployment5.6%
Poverty8.1%
County GDP$23,779M
Avg Weekly Wage$1,325

Housing

A
Home Value$370,200
Rent$2,012
Ownership55.2%
Zillow$543,351
Housing Units8,722
Rent Burden26.6%

Crime

F
Violent135/100K
Property1,121/100K
Murder0.0/100K
Assault68/100K
Burglary169/100K

Health

Obesity33.3%
Diabetes12.0%
Smoking12.1%
Heart Disease4.9%
Premature Death6,376/100K

Climate

Avg Temp56°F
Sunny Days275/yr
Rain46.6 in/yr
AQI39 (Good)
Elevation17 ft

Education

B
Bachelor's+27.7%
High School+84.6%
Graduate+7.7%
School Score6.2/10

Community

2024 VoteR 65% / D 35%
Commute32 min
Broadband90.3%
Internet Speed255 Mbps
EV Stations2
Libraries14

Did You Know?

Carteret was founded in 1906.
The median home in Carteret was built in 1961.
The nearest airport is Newark Liberty International (8 miles).
The Gini coefficient (income inequality) is 0.446 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.1% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 255 Mbps.
There are 897 restaurants in the area.
The county recorded 12 fatal vehicle crashes.