What percentage of people rent in Carteret Borough, NJ?
45.3% (±5.4 points) of the occupied homes in Carteret Borough, NJ are rented (2020–2024 American Community Survey).
That is 3,727 renting households against 4,497 that own their home.
In Carteret Borough, the share of households that rent went from 42.3% in 2015–2019 to 45.3% in 2020–2024 (+3.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 45.3% (±5.4 points)
- Renting households
- 3,727 (±496)
- Median renter income
- $71,180 (±$16,106)
Who rents and who owns in Carteret Borough
| Carteret Borough | Middlesex County | New Jersey | United States | |
|---|---|---|---|---|
| Renter-occupied share | 45.3% (±5.4 points) | 36.4% (±0.6 points) | 36.2% (±0.2 points) | 34.8% |
| Renting households | 3,727 (±496) | 111,894 (±2,016) | 1,268,573 (±8,082) | 45,017,354 |
| Owning households | 4,497 (±466) | 195,888 (±2,110) | 2,239,128 (±10,678) | 84,210,142 |
| Average renter household size | 2.9 (±0.3) | 2.5 (±0.0) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 3.3 (±0.3) | 2.9 (±0.0) | 2.8 (±0.0) | 2.6 |
| Median renter household income | $71,180 (±$16,106) | $76,035 (±$2,019) | $62,674 (±$718) | $52,966 |
| Median owner household income | $107,292 (±$15,659) | $139,193 (±$2,081) | $133,477 (±$624) | $100,009 |
In Carteret Borough, the renter share is higher than in Middlesex County (36.4%).
It is also higher than in New Jersey (36.2%).
It is higher than the national figure (34.8%).
In Middlesex County, Carteret Borough ranks 5 of 25 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 86 of 564.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Carteret Borough has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 42.3% (±4.0 points) | 45.3% (±5.4 points) | +3.0 percentage points | Not a measurable change |
| Median gross rent | $1,492 (±$116) | $2,032 (±$148) | +36.2% | No measurable change after inflation |
| Median household income | $73,347 (±$8,097) | $96,862 (±$15,768) | +32.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Carteret Borough
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Carteret Borough | — | 45.3% (±5.4 points) | — |
| Port Reading | 1.5 mi | 2.7% (±2.6 points) | Lower |
| Avenel | 2.3 mi | 47.7% (±6.5 points) | Not measurably different |
| Sewaren | 2.8 mi | 28.8% (±10.9 points) | Lower |
| Linden | 3.0 mi | 40.5% (±3.8 points) | Not measurably different |
| Rahway | 3.2 mi | 48.5% (±3.3 points) | Not measurably different |
| Woodbridge Township | 3.7 mi | 34.0% (±2.3 points) | Lower |
| Woodbridge | 3.8 mi | 47.4% (±4.9 points) | Not measurably different |
| Colonia | 4.4 mi | 11.1% (±3.5 points) | Lower |
Nearby places with a measurably lower figure: Port Reading, NJ (2.7%), Sewaren, NJ (28.8%), Woodbridge Township, NJ (34.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Middlesex County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | New Brunswick | 78.6% (±2.3 points) |
| 2 | Perth Amboy | 64.6% (±3.1 points) |
| 3 | Highland Park Borough | 59.7% (±4.8 points) |
| 4 | Plainsboro Township | 52.3% (±3.7 points) |
| 5 | Carteret Borough | 45.3% (±5.4 points) |
| 6 | South Amboy | 43.5% (±8.2 points) |
| 7 | North Brunswick Township | 42.9% (±3.0 points) |
| 8 | Edison Township | 39.4% (±1.7 points) |
| 9 | Dunellen Borough | 38.6% (±9.2 points) |
| 10 | Sayreville Borough | 37.0% (±2.9 points) |
| 11 | Helmetta Borough | 36.5% (±6.6 points) |
Showing 11 of 25 places in Middlesex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Carteret Borough
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Questions about Carteret Borough
How many renters are there in Carteret Borough?
Carteret Borough has an estimated 3,727 (±496) renting households, 45.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Carteret Borough?
In Carteret Borough, the share of households that rent went from 42.3% in 2015–2019 to 45.3% in 2020–2024 (+3.0 percentage points), not a measurable change.
How big are renting households in Carteret Borough?
A renting household in Carteret Borough has 2.9 people on average, against 3.3 in an owned home.
How much do renters earn in Carteret Borough?
The median renting household in Carteret Borough, NJ has an income of $71,180 (±$16,106) a year, against $107,292 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Carteret borough, Middlesex County, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Carteret borough, Middlesex County, New Jersey
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Carteret borough, Middlesex County, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Carteret borough, Middlesex County, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Carteret borough, Middlesex County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Carteret borough, Middlesex County, New Jersey (county subdivision:10750, in state:34 county:023).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Carteret Borough at a glance
- Median rent in Carteret Borough
- Rent by bedrooms in Carteret Borough
- Rent burden in Carteret Borough
- Income and affordability in Carteret Borough
- Home values in Carteret Borough
- Homeowner costs in Carteret Borough
- Property taxes in Carteret Borough
- Types of homes in Carteret Borough
- Bedrooms in Carteret Borough
- Age of homes in Carteret Borough
- Vacancy rate in Carteret Borough
- Heating fuel in Carteret Borough
- Commute and cars in Carteret Borough
- Crime reported to police in Carteret Borough
- Population growth in Carteret Borough
- How long people stay in Carteret Borough
- Crowding and facilities in Carteret Borough
- New Jersey landlord and tenant rules
- Housing across Middlesex County
- New Jersey places ranked by share of renters
- Housing data for every place in New Jersey