Carteret, NJ

Census Place

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2024 Population
25,496
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
38.2
2.8% 1-year decrease
2024 Poverty Rate
8.22%
17.9% 1-year decrease
2024 Median Household Income
$96,862
10.6% 1-year growth
2024 Median Property Value
$405,800
9.62% 1-year growth
2024 Employed Population
12,466
4.2% 1-year growth

About

None of the households in Carteret, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

88.3% of the residents in Carteret, NJ are U.S. citizens.

In 2024, the median property value in Carteret, NJ was $405,800, and the homeownership rate was 54.7%.

Most people in Carteret, NJ drove alone to work, and the average commute time was 31.4 minutes. The average car ownership in Carteret, NJ was 2 cars per household.

Population & Diversity

Carteret, NJ is home to a population of 25.5k people, from which 88.3% are citizens. As of 2024, 33.6% of Carteret, NJ residents were born outside of the country (8.58k people).

In 2024, there were 1.37 times more Asian (Non-Hispanic) residents (6.56k people) in Carteret, NJ than any other race or ethnicity. There were 4.77k White (Non-Hispanic) and 4.75k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

88.3%
2024 Citizenship
87.1%
2023 Citizenship

As of 2024, 88.3% of Carteret, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Carteret, NJ was 87.1%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Carteret, NJ compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Carteret, NJ
  1. Asian (Non-Hispanic)
    6.56k ± 1.1k
  2. White (Non-Hispanic)
    4.77k ± 739
  3. Black or African American (Non-Hispanic)
    4.75k ± 967
34.2%
Hispanic Population
8.71k people

In 2024, there were 1.37 times more Asian (Non-Hispanic) residents (6.56k people) in Carteret, NJ than any other race or ethnicity. There were 4.77k White (Non-Hispanic) and 4.75k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

34.2% of the people in Carteret, NJ are hispanic (8.71k people).

The following chart shows the 8 races represented in Carteret, NJ as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

33.6%
2024 Foreign-Born Population
8.58k people
34.6%
2023 Foreign-Born Population
8.71k people

As of 2024, 33.6% of Carteret, NJ residents (8.58k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Carteret, NJ was 34.6%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Carteret, NJ compared to that of it's neighboring and parent geographies.

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Veterans

Most Common Service Period
  1. Vietnam
    268 ± 110
  2. Gulf War (2001-)
    213 ± 120
  3. Korea
    35 ± 47

Carteret, NJ has a large population of military personnel who served in Vietnam, 1.26 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Carteret, NJ.

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Economy

The economy of Carteret, NJ employs 12.5k people. In 2024, the largest industries in Carteret, NJ were Transportation & Warehousing (2,276 people), Health Care & Social Assistance (1,592 people), and Manufacturing (1,569 people), and the highest paying industries were Finance & Insurance ($102,614), Finance & Insurance, & Real Estate & Rental & Leasing ($100,250), and Information ($97,607).

Occupations

12.5k
2024 Value
± 1,131
4.2%
1 Year growth
± 12.5%

From 2023 to 2024, employment in Carteret, NJ grew at a rate of 4.2%, from 12k employees to 12.5k employees.

The most common job groups, by number of people living in Carteret, NJ, are Office & Administrative Support Occupations (2,236 people), Transportation Occupations (1,514 people), and Sales & Related Occupations (976 people). This chart illustrates the share breakdown of the primary jobs held by residents of Carteret, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

12.5k
2024 Value
± 1,131
4.2%
1 Year growth
± 12.5%

From 2023 to 2024, employment in Carteret, NJ grew at a rate of 4.2%, from 12k employees to 12.5k employees.

The most common employment sectors for those who live in Carteret, NJ, are Transportation & Warehousing (2,276 people), Health Care & Social Assistance (1,592 people), and Manufacturing (1,569 people). This chart shows the share breakdown of the primary industries for residents of Carteret, NJ, though some of these residents may live in Carteret, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$56,490
Median earning men ± $5,726
$42,591
Median earning women ± $7,530

The industries with the best median earnings for men in 2024 are Public Administration ($131,775), Finance & Insurance, & Real Estate & Rental & Leasing ($97,679), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($71,831).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($105,078), Finance & Insurance, & Real Estate & Rental & Leasing ($101,250), and Information ($99,429).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Housing & Living

The median property value in Carteret, NJ was $405,800 in 2024, which is 1.22 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $370,200 to $405,800, a 9.62% increase. The homeownership rate in Carteret, NJ is 54.7%, which is lower than the national average of 65.2%.

People in Carteret, NJ have an average commute time of 31.4 minutes, and they drove alone to work. Car ownership in Carteret, NJ is approximately the same as the national average, with an average of 2 cars per household.

Property

$405,800
Median Property Value 2024
±$22,374
$4,497
Median Property Taxes
±$607

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Carteret, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Carteret, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

54.7%
Homeownership
2024
62.5%
Homeowners with Mortgage
2024

In 2024, 54.7% of the housing units in Carteret, NJ were occupied by their owner. This percentage declined from the previous year's rate of 55.2%.

This chart shows the percentage of owner in Carteret, NJ compared it's parent and neighboring geographies.

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$96,862
Median Household Income
± $15,768
8.22k
Number of Households
± 905

In 2024, the median household income of the 8.22k households in Carteret, NJ grew to $96,862 from the previous year's value of $87,553.

The following chart displays the households in Carteret, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Carteret, NJ is from New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (68.1%)
  2. Worked At Home (11.1%)
  3. Carpooled (9.65%)

In 2024, 68.1% of workers in Carteret, NJ drove alone to work, followed by those who worked at home (11.1%) and those who carpooled to work (9.65%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

31.4 minutes
Average Travel Time

Using averages, employees in Carteret, NJ have a longer commute time (31.4 minutes) than the normal US worker (26.4 minutes). Additionally, 4.69% of the workforce in Carteret, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Carteret, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Carteret, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Carteret, NJ have 2 cars.

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Poverty & Diversity

8.22% of the population for whom poverty status is determined in Carteret, NJ (2.1k out of 25.5k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 6 - 11, followed by Females 35 - 44 and then Females 75+.

The most common racial or ethnic group living below the poverty line in Carteret, NJ is Hispanic, followed by Other and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

91.3% of the population of Carteret, NJ has health coverage, with 51.4% on employee plans, 17.1% on Medicaid, 10.1% on Medicare, 12.6% on non-group plans, and 0.0667% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 48.4% were men and 51.6% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 24.3% under 18 years, 23% between 18 and 34 years, 38.3% between 35 and 64 years, and 14.4% over 64 years.

By gender, of the total number of insured persons, 48.4% were men and 51.6% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

8.72%
Uninsured
51.4%
Employer Coverage
17.1%
Medicaid
10.1%
Medicare
12.6%
Non-Group
0.0667%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Carteret, NJ declined by 11.2% from 9.82% to 8.72%.

The following chart shows how the percent of uninsured individuals in Carteret, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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