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Carteret, NJ&

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0.82% growth
Median Age
Median Household Income
4.31% growth
Poverty Rate
Number of Employees
2.99% growth
Median Property Value
-1.52% decline


The economy of Carteret, NJ employs 11,531 people. The economy of Carteret, NJ is specialized in Management of Companies & Enterprises; Transportation & Warehousing; and Wholesale trade, which employ respectively 4.2; 3.59; and 1.44 times more people than what would be expected in a location of this size. The largest industries in Carteret, NJ are Transportation & Warehousing (1,692), Healthcare & Social Assistance (1,410), and Retail trade (1,325), and the highest paying industries are Utilities ($64,519), Finance & Insurance ($49,967), and Real Estate, Rental & Leasing ($44,359).

Median household income in Carteret, NJ is $67,068. Males in Carteret, NJ have an average income that is 1.15 times higher than the average income of females, which is $62,140. The income inequality of Carteret, NJ (measured using the Gini index) is 0.45 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Carteret, NJ. In Middlesex County, NJ the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 95 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,126. Essex County, NJ has the highest prevalence of homicides of any county in New Jersey.


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Showing data across all counties in New Jersey.

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Carteret, NJ is home to a population of 23,965 people, from which 87.7% are citizens. The ethnic composition of the population of Carteret, NJ is composed of 8,251 White residents (34.4%), 6,965 Hispanic residents (29.1%), 5,344 Asian residents (22.3%), 2,999 Black residents (12.5%), and 253 Two+ residents (1.06%). The most common foreign languages in Carteret, NJ are Spanish (5,425 speakers), Other Indic (2,121 speakers), and Hindi (903 speakers), but compared to other places, Carteret, NJ has a relative high number of Other Indic (2,121 speakers), Urdu (650 speakers), and Hindi (903 speakers).


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In 2015 universities in Carteret Borough PUMA, NJ awarded 311 degrees. The student population of Carteret Borough PUMA, NJ is skewed towards females, with 37 male students and 274 female students. Most students in Carteret Borough PUMA, NJ are White (134 and 43.1%), followed by Hispanic or Latino (82 and 26.4%), Black or African American (48 and 15.4%), and Unknown (37 and 11.9%). The largest universities in Carteret Borough PUMA, NJ by number of graduates are Sanford-Brown Institute-Iselin (311 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Carteret Borough PUMA, NJ are Medical Assistant (178 and 57.2%), Medical Insurance Specialist (40 and 12.9%), and Surgical Technologist (21 and 6.75%). The median tuition costs in Carteret Borough PUMA, NJ are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.



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Housing & Living

The median property value in Carteret, NJ is $245,500, which is 1.26 times larger than the national average of $194,500. Between 2014 and 2015 the median property value decreased from $249,300 to $245,500, a -1.52% increase. The homeownership rate of Carteret, NJ is 56.1%, which is lower than the national average of 63.9%. People in Carteret, NJ have an average commute time of 28.6 minutes, and they commute by Drove Alone. Car ownership in Carteret, NJ is approximately the same as the national average, with an average of 2 cars per household.


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United States
New Jersey
Middlesex County, NJ
New York-Newark-Jersey City, NY-NJ-PA Metro Area
metropolitan statistical area
Middlesex County (Northeast)--Carteret Borough PUMA
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