New Jersey · Census place 10750
Carteret borough, NJ
Quick answer
Carteret borough has 25,187 residents, ranking #42 of 700 places in New Jersey. Median household income is $87,553, the median home is worth $370,200 and median gross rent runs $2,012 a month.
- Population
- 25,187Carteret borough residents
- Median household income
- $87,553Past 12 months, inflation adjusted
- Median home value
- $370,200Owner-occupied units
- Median gross rent
- $2,012Rent plus utilities, monthly
- Median age
- 39.3 yrsAll residents
- Homeownership rate
- 55.2%Owner-occupied households
What the numbers mean in Carteret borough
Housing cost measured against local earnings.
A household earning the Carteret borough median would spend about 27.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 55.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Ridgewood village 26,076
- Lodi borough 25,946
- Cliffside Park borough 25,580
- South Plainfield borough 24,231
- Somerset CDP 23,851
- Glassboro borough 23,375
- North Plainfield borough 22,667
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