Median Income
$79,049
household / year
Median Home Value
$337,500
owner-occupied
Median Rent
$1,833
gross / month
Cost of Living
112
national avg = 100

Is Carteret, NJ a Good Place to Live?

Carteret is a small city of 25,161 in New Jersey, with a median household income of $79,049 and a 7.3% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Carteret stands out for lower-than-average crime, solid school ratings (B+).

Trade-offs: Potential downsides include an above-average cost of living, longer commutes, an elevated unemployment rate. Whether Carteret is right for you depends on your priorities — the full breakdown is below.

All Carteret city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Carteret's overall cost of living index is 112.5, where 100 represents the US national average. Living in Carteret costs roughly 12% more than the average American city.

Metric Carteret, NJ National Avg
Median Home Value $337,500 $244,900
Median Monthly Rent $1,833 $1,163
Homeownership Rate 54.4% 65.9%
Median Household Income $79,049 $74,755

Crime & Safety

Safer than Average

Carteret's violent crime rate is 313.6 per 100,000 residents — 17% lower than the national average of ~380 per 100,000.

Violent Crime
313.6 /100k
Property Crime
1262.2 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Carteret is served primarily by Carteret Public School District. The student-to-teacher ratio is 12.5:1 (better than the national average of ~16:1).

Metric Carteret, NJ National Avg
School District Carteret Public School District —
Elementary Schools 3 —
Middle Schools 2 —
High Schools 1 —
Student/Teacher Ratio 12.5:1 16:1
Bachelor's Degree or Higher 27.5% 35.4%
High School Diploma or Higher 83.7% 91.1%

Weather & Climate

Carteret sees average highs of 40.0°F in January and 86.9°F in July, with 49.5 inches of annual precipitation and 31.5 inches of snow per year.

MetricCarteret, NJ
Average High — January40.0°F
Average High — July86.9°F
Annual Precipitation49.5"
Annual Snowfall31.5"

Demographics

MetricCarteret, NJNational Avg
Population25,161—
Median Age37.638.9
Unemployment Rate7.3%3.7%
Avg Commute Time32.0 min26 min
White (non-Hispanic)31.8%59.3%
Black or African American16.3%13.6%
Hispanic or Latino24.4%18.9%
Asian25.0%6.3%
Under 1823.9%22.2%
65 and over14.2%16.8%

Nearby Cities

ZIP Codes in Carteret

Carteret, NJ is covered by 1 ZIP code:

Carteret vs Other Cities

Frequently Asked Questions

Carteret's cost of living index is 112, where 100 is the national average. That puts Carteret roughly 12% above the national average in cost. The median home price is $337,500 and median rent is $1,833/month.
Carteret's violent crime rate is 313.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 1262.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Carteret are operated by Carteret Public School District. The district has 3 elementary, 2 middle, and 1 high schools. The student-to-teacher ratio is 12.5:1. 27.5% of adults 25+ hold a bachelor's degree or higher.
Carteret, NJ has a population of 25,161, a median household income of $79,049, and an unemployment rate of 7.3%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Carteret averages 40.0°F in January and 86.9°F in July. Annual rainfall is 49.5 inches with about 31.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Carteret, NJ is covered by 1 ZIP code: 07008.
The population of Carteret, New Jersey is 25,161 with a median age of 37.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Carteret: cost of living index 112 (100 = US average), median home $337,500, median household income $79,049, crime index 74 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Carteret side by side with your current city to see the trade-offs.