Carteret

Population: 25,187
Median household income: $87,553
Median home value: $370,200

Located in Middlesex County, New Jersey, Carteret is a community with a population of 25,187. The median household income of $87,553 is below the Middlesex County median ($109,028).

Between 2019 and 2023, Carteret's population grew 6.8% from 23,589 to 25,187, while its median home value rose 36.0% from $272,200 to $370,200.

The typical home was built around 1960. 10.0% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 25,187
Median age: 39.3 yrs
Median household income: $87,553
Median home value: $370,200
Median gross rent: $2,012
Housing units: 8,702
Homeownership rate: 55.2%
Bachelor's degree or higher: 27.7%
Unemployment rate: 8.8%

Trends

ACS 5-year · 2019–2023

Population

23,58925,187

Median household income

$73,347$87,553

Median home value

$272,200$370,200

Median gross rent

$1,492$2,012

Year	Population	Median household income	Median home value	Median gross rent
2019	23,589	$73,347	$272,200	$1,492
2020	23,501	$76,276	$281,000	$1,521
2021	25,077	$74,583	$284,200	$1,632
2022	25,161	$79,049	$337,500	$1,833
2023	25,187	$87,553	$370,200	$2,012

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.6%

5 to 1715.6%

18 to 2411.0%

25 to 3412.0%

35 to 4413.0%

45 to 5411.4%

55 to 6415.4%

65 to 748.7%

75 and over6.4%

	Count	Share
Under 5	1,655	6.6%
5 to 17	3,941	15.6%
18 to 24	2,766	11.0%
25 to 34	3,018	12.0%
35 to 44	3,267	13.0%
45 to 54	2,863	11.4%
55 to 64	3,873	15.4%
65 to 74	2,180	8.7%
75 and over	1,624	6.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,630	22.4%
Black or African American	4,171	16.6%
American Indian & Alaska Native	0	0.0%
Asian	6,163	24.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	47	0.2%
Two or more races	623	2.5%
Hispanic or Latino (any race)	8,553	34.0%

Educational attainment (age 25+)

No high school diploma15.4%

High school graduate33.6%

Some college or associate's23.3%

Bachelor's degree20.3%

Graduate or professional degree7.4%

	Count	Share
No high school diploma	2,586	15.4%
High school graduate	5,660	33.6%
Some college or associate's	3,914	23.3%
Bachelor's degree	3,417	20.3%
Graduate or professional degree	1,248	7.4%

Commute to work

Mean travel time to work: 32 min

Drove alone68.3%

Carpooled9.9%

Public transit7.8%

Walked2.4%

Bicycle0.2%

Worked from home9.2%

Other means2.3%

How workers get to work

	Count	Share
Drove alone	7,968	68.3%
Carpooled	1,159	9.9%
Public transit	907	7.8%
Walked	278	2.4%
Bicycle	22	0.2%
Worked from home	1,071	9.2%
Other means	263	2.3%

Travel time

	Count	Share
Under 15 min	2,350	22.2%
15 to 29 min	2,570	24.3%
30 to 44 min	2,822	26.6%
45 to 59 min	1,252	11.8%
60+ min	1,603	15.1%

Households

Average household size: 3.03
Poverty rate: 10.0% (2,514 of 25,090)

	Count	Share
Family households	6,278	75.5%
Nonfamily households	2,039	24.5%

Housing

Median year structure built: 1960

Occupancy

	Count	Share
Occupied	8,317	95.6%
Vacant	385	4.4%

Tenure (of occupied units)

	Count	Share
Owner-occupied	4,592	55.2%
Renter-occupied	3,725	44.8%

1-unit, detached50.9%

1-unit, attached5.8%

2 to 4 units23.8%

5 to 19 units7.9%

20 or more units8.9%

Mobile home & other2.7%

Units in structure

	Count	Share
1-unit, detached	4,432	50.9%
1-unit, attached	502	5.8%
2 to 4 units	2,069	23.8%
5 to 19 units	689	7.9%
20 or more units	772	8.9%
Mobile home & other	238	2.7%

Geography

Place GEOID: 3410750
Type (LSAD): 21
Land area: 4.39 sq mi
Water area: 0.54 sq mi
Center point: 40.5838, -74.2275