Carteret Southeast median real estate price is $459,415, which is less expensive than 74.2% of New Jersey neighborhoods and 39.3% of all U.S. neighborhoods.
The average rental price in Carteret Southeast is currently $3,911, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.8% of the neighborhoods in New Jersey.
Carteret Southeast is a densely urban neighborhood (based on population density) located in Carteret, New Jersey.
Carteret Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Carteret Southeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Carteret Southeast, the current vacancy rate is 1.7%, which is a lower rate of vacancies than 87.0% of all neighborhoods in the U.S. This means that the housing supply in Carteret Southeast is very tight compared to the demand for property here.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Single parenting is hard. But you don't have to tell the Carteret Southeast neighborhood about it; they already know. 25.9% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.0% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Carteret Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Carteret Southeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.2% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.8% of all neighborhoods in America.
In the Carteret Southeast neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.9% of residents here. This is a higher proportion of walking commuters than we found in 96.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Renter-occupied real estate is dominant in the Carteret Southeast neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 88.9%, which is higher than 96.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
In addition, if you like crowded places, then you will probably enjoy the the Carteret Southeast neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.5% of neighborhoods in the U.S., with 22,290 people per square mile living here.
Did you know that the Carteret Southeast neighborhood has more Puerto Rican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.0% of this neighborhood's residents have Puerto Rican ancestry and 8.8% have South American ancestry.
Carteret Southeast is also pretty special linguistically. Significantly, 9.3% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.1% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the Carteret Southeast neighborhood in Carteret are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.1% of U.S. neighborhoods. With 47.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.3% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the Carteret Southeast neighborhood, 53.2% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.0%), and 12.1% in government jobs, whether they are in local, state, or federal positions.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Carteret Southeast neighborhood is English, spoken by 52.0% of households. Other important languages spoken here include Spanish, Langs. of India, Tagalog (the first language of the Philippine region) and Portuguese.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Carteret Southeast neighborhood in Carteret, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (26.0%). There are also a number of people of Asian ancestry (12.4%), and residents who report Sub-Saharan African roots (10.2%), and some of the residents are also of South American ancestry (8.8%), along with some Mexican ancestry residents (7.4%), among others. In addition, 24.7% of the residents of this neighborhood were born in another country.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Carteret Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (36.2% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (11.2%) who commute over an hour in each direction.
Here most residents (57.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (12.9%) and 9.5% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.