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The total population of Carteret is estimated to be 25,161 with 12,606 males (50.10%) and 12,555 females (49.90%). There are 51 less females than males in Carteret.
The median household income in Carteret was $80,618 in 2021, which marked an a decrease of 5,813(6.73%) from $86,431 in 2020. This income is 108.06% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Carteret sees its highest median household income among householders in the age group of 45 to 64 years old, at $90,745. Overall, the median household income for the borough of Carteret stands at $80,618.
In Carteret, the median income for all workers aged 15 years and older, regardless of work hours, was $42,283 for males and $26,919 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,973 for males and $53,673 for females.
In Carteret, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $99,291, while Some Other Race households represent the opposite end with the lowest median household income of $62,721.
In 2022, the population of Carteret was 25,176, a 0.16% decrease year-by-year from 2021. Previously, in 2021, Carteret's population was 25,216, a decline of 0.30% compared to a population of 25,293 in 2020.
The median age in Carteret, NJ is 37.5, as per 2021 ACS 5-Year Estimates. Of the total population, 19.38% were under the age of 15, 20.65% aged 15 to 29, 46.45% aged 30 to 64, 11.04% aged 65 to 84, and 2.48% were 85 years of age and older.
Racial distribution of Carteret population: 40.06% are White, 12.70% are Black or African American, 0.08% are American Indian and Alaska Native, 23.55% are Asian, 0.31% are Native Hawaiian and other Pacific Islander, 11.85% are some other race and 11.44% are multiracial.