Commute
High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Located in the state of New Jersey, Carteret is a moderately-sized city with a population of 23,501 inhabitants. With a population density of 5,352 people per square mile, Carteret is well above the nation's average density level. Individuals of White (46%) and Asian (26%) backgrounds make up a significant portion of the population of Carteret. Additionally, more than a quarter of the population of Carteret are of Hispanic or Latino origin, and 29% of the population also speak Spanish. Something to be aware of when living in Carteret are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 31 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Carteret, New Jersey could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Carteret and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, you will see a detailed breakdown of the most important information as well as comparisons to the New Jersey and national averages.
With a livability score of 72/100, Carteret is ranked #4,711 in the United States and #183 in New Jersey. There are nine total categories that generate the livability score. Carteret ranks well for crime (A), employment (A) and housing (A-) The bad news for Carteret, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Carteret has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Carteret is actually affordable. Median real estate prices in Carteret come in at $281,000, which is 11.2% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Carteret, the home price to income ratio is 3.7, which is 14% lower than the New Jersey average.
| Statistic | Carteret | New Jersey | National |
| Average one way commute | 31min | 31min | 26min |
| Workers who drive to work | 74.7% | 71.7% | 76.4% |
| Workers who carpool | 9.9% | 8.1% | 9.3% |
| Workers who take public transit | 8.8% | 11.2% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 2.0% | 3.0% | 2.8% |
| Working from home | 2.3% | 4.1% | 4.6% |
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