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Middlesex County · New Jersey · Northeast · 25k residents

Carteret, NJ: cost of living, taxes & quality of life

Residential facts for Carteret: housing, taxes, monthly costs, climate, schools, and household income, with the New Jersey median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

The acs median home value in Carteret is $405,800, 14% below the New Jersey median. A two-bedroom rents for about $2,182/mo. Day-to-day costs index at 119 against a national baseline of 100. The median household here earns $96,862 a year.

What the numbers show

Source-confirmed findings
  • Housing value: The ACS median home value in Carteret is $405,800, 13.8% below the median for ACS-covered places in New Jersey.
  • Household income: Median household income is $96,862, 0.9% below the median for ACS-covered places in New Jersey.
  • Adult education: 30.1% of adults have a bachelor's degree or higher, 21.2% below the median for ACS-covered places in New Jersey.
  • Home value to income: The ACS median home value is about 4.2 times median household income. This is a comparison measure, not a mortgage qualification or affordability promise.

Source: U.S. Census Bureau, 2024 American Community Survey 5-year estimates(2024 ACS 5-year; tables B01003, B15003, B19013, B25077). Geography: Census place where available. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

WhereToHQ calculates the comparisons. Figures are estimates for context, not a guarantee or personal financial advice. Read the methodology or send a correction.

What makes this place distinctive

A factual snapshot of the place, based on the profile data. It is not a tourism or cultural claim.

A researched local story is not published for this city yet. The signals below are the verified profile context.

  • Scale: A smaller city in the profile data, with fewer than 50,000 residents.
  • Setting: The profile places Carteret about 17 miles from the nearest tracked ocean.
  • Climate signal: The profile records 205 sunny days and 26 inches of annual snow.
  • Daily pace: The profile records a walk score of 30 and an average commute of 32 minutes.

WhereToHQ derives these signals from the committed city dataset. Read the methodology for coverage and source limits.

Compare Carteret side by side

Cost of living index

119

cheaper than 26% of US cities

ACS median home value

$405,800

14% vs state median≈ US median

2-bedroom rent

$2,182/mo

cheaper than 14% of US cities

Median household income

$96,862

0.9% vs state medianhigher than 65% of US cities

Housing momentum

How fast Carteret's housing market is moving, ranked against the US cities we track.

54/100

Steady

Home prices YoY: +5.2% (top 11%)Rents YoY: 0.0% (bottom 18%)Rents MoM: -1.0% (bottom 5%)
Momentum slowing · 32 over 2 yr

Ranks Carteret's home-price and rent growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. Not investment or relocation advice.

$a year

Adjusted by Carteret's cost-of-living index versus the US average.

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Real listings in Carteret

Homes on ZillowRealtor.comRentals on ZillowApartments.com

Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.

Questions & answers
What is the cost of living in Carteret, NJ?
Carteret indexes at 119 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,182/mo and a acs median home value of $405,800.
How much does a house cost in Carteret?
The acs median home value in Carteret is $405,800, 14% below the New Jersey median (Census ACS estimate; individual listings vary).
How much is rent in Carteret?
A two-bedroom in Carteret rents for about $2,182/mo.