Carteret, NJ

Full City Profile · New Jersey · Richmond County County

3.0 /5.0
B Good
25,187 Population 5,737/sq mi density
$87,553 Median Income $36,299 per capita
$370,200 Home Value $564,839 Zillow
$2,012 Median Rent 26.6% income on rent
56°F Avg Temperature
314 Violent Crime/100K 1,262 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$87,553 median income, 8.8% unemployment
A
Affordability
4.3 / 5.0
$370,200 home value, $2,012/mo rent
F
Safety
1.0 / 5.0
314 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: $564,839
Median Rent
$2,012/mo
73% above
26.6% of income on rent
Violent Crime
314/100K
17% below
1,262/100K property
Bachelor's Degree+
27.7%
18% below
84.6% high school+
Unemployment
8.8%
144% above
8.1% poverty rate
Obesity Rate
33.3%
4% above
12.1% smoking rate
Avg Temperature
56°F

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
244%
Crime
83%
Thin vertical line = U.S. national average (100%)

Is Carteret a Good Place to Live?

B
3.0 / 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 8.8% (144% 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 $564,839. 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 314 violent crimes per 100,000 residents , which is 17% below the national average of 380/100K. Property crime is 1,262/100K. The murder rate is 7.7/100K.

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. Annual precipitation totals 46.6 inches.

Data Overview

People

Population25,187
Median Age39.3 yrs
Density5,737/mi²
Male / Female49% / 52%
Foreign Born34.7%
Veterans3.6%

Economy

B+
Median Income$87,553
Per Capita$36,299
Unemployment8.8%
Poverty8.1%
County GDP$23,779M
Avg Weekly Wage$1,325

Housing

A
Home Value$370,200
Rent$2,012
Ownership55.2%
Zillow$564,839
Housing Units8,722
Rent Burden26.6%

Crime

F
Violent314/100K
Property1,262/100K
Murder7.7/100K
Assault244/100K
Burglary159/100K

Health

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

Climate

Avg Temp56°F
Rain46.6 in/yr
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.
11.9% of the population has a disability.
34.7% 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.