ZIP Code 07008

standard

Source:

Carteret · Middlesex County · New Jersey

Population
22,844

1,994/sq mi

Median income
$97,021

▲ 27% vs US

higher than 79% of US ZIPs

Median home value
$406,000

▲ 46% vs US

higher than 80% of US ZIPs

Bachelor's or higher
30.1%

Median age 38.1

Land area
11.5 sq mi

New York

ZIP code 07008 in Carteret, New Jersey has a population of 22,844. The median household income is $97,021, which is 27% above the national average. Median home value is $406,000, 46% above the US average. 30.1% of residents hold a bachelor's degree or higher.

ZIP code 07008 is classified by USPS as a standard delivery area and covers roughly 11.5 square miles in Carteret, Middlesex County, New Jersey. The area is home to 22,844 residents, producing a population density of 1,994 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 07008 against New Jersey and the nation.

On the economic side, the median household income for ZIP 07008 sits at $97,021 (20% below the New Jersey average), while per-capita income is $38,586. The poverty rate stands at 8.2% and the unemployment rate at 10.1%. On housing, the median home value is $406,000 (21% below the state average) with median rent at $2,032 per month, and 54.7% of occupied units are owner-occupied, a direct signal of whether 07008 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 30.1% of adults hold a bachelor's degree or higher, the median age is 38.1, and the average commute is 31 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Middlesex County, so you can benchmark 07008 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 07008

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 07008.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 07008, Carteret, NJ · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

22,844

Population

11.5

Area (sq mi)

1,994

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 07008?

38.1

Median Age

48.4%

Male

51.6%

Female

33.7%

Foreign-Born

White 21.0%
African American 19.5%
Asian 26.1%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 18.2%
Hispanic or Latino 34.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$97,021

Median Household Income

-20% vs state

$38,586

Per Capita Income

8.2%

Poverty Rate

10.1%

Unemployment Rate

31.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 63.6%
Bachelor's Degree or Higher 30.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

8,747

Total Housing Units

8,230

Occupied Units

517

Vacant Units

3.10

Avg Household Size

Occupancy Type

Owner 54.7%
Renter 45.3%

$406,000

Median Home Value

-21% vs state

$2,032

Median Rent

1960

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.5%

YoY Change (2024)

329

HPI Index (2000 = 100)

+229%

Total Change Since 2000

Home values in ZIP 07008 have increased 10.5% over the past year (2024). Since 2000, this ZIP has seen +229% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.0% 216
2021 +13.3% 245
2022 +11.3% 273
2023 +9.0% 297
2024 +10.5% 329

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 414 business establishments in ZIP 07008, employing approximately 11,257 people with a combined annual payroll of $637,587,000.

414

Businesses

11,257

Employees

$637.6M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Transportation and warehousing 127 30.7%
Retail trade 42 10.1%
Wholesale trade 31 7.5%
Construction 30 7.3%
Other services (except public administration) 29 7.0%
Professional, scientific, and technical services 28 6.8%
Health care and social assistance 28 6.8%
Accommodation and food services 27 6.5%
Real estate and rental and leasing 20 4.8%
Administrative and support and waste management and remediation services 16 3.9%
Manufacturing 12 2.9%
Finance and insurance 10 2.4%
Information 8 1.9%
Arts, entertainment, and recreation 3 0.7%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 07008 vs 07064 →

ZIP Code City Population Distance
07064 Port Reading, NJ 3,723 1.5 mi
07001 Avenel, NJ 16,305 2.2 mi
07036 Linden, NJ 41,970 2.9 mi
07077 Sewaren, NJ 2,766 2.5 mi
10309 Staten Island, NY 32,519 3.7 mi
10311 Staten Island, NY 0 2.9 mi
07065 Rahway, NJ 27,346 3.2 mi
10314 Staten Island, NY 85,510 3.4 mi
07202 Elizabeth, NJ 40,849 4.7 mi
10312 Staten Island, NY 59,304 3.7 mi

More ZIP Codes in Middlesex County

Frequently Asked Questions

What county is ZIP code 07008 in?
ZIP code 07008 (Carteret) is located in Middlesex County, New Jersey. Middlesex County contains multiple ZIP codes, see the full list at /counties/middlesex-nj.
What is the population of ZIP code 07008?
ZIP code 07008 in Carteret, NJ has a population of 22,844 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 07008?
The median household income in ZIP 07008 is $97,021, which is 27% above the national average of $76,288.
What is the average home value in ZIP 07008?
The median home value in ZIP 07008 is $406,000, which is 46% above the national average of $278,155.
What is the demographic makeup of ZIP 07008?
The largest racial group in ZIP 07008 is Asian at 26.1%. Hispanic or Latino residents make up 34.3% of the population.
How many businesses are in ZIP code 07008?
ZIP code 07008 has 414 business establishments employing approximately 11,257 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 07008?
The top industries by establishment count in ZIP 07008 are: Transportation and warehousing (127), Retail trade (42), Wholesale trade (31). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 07008?
According to the FHFA House Price Index, home values in ZIP 07008 increased by 10.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 229%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 07008?
In ZIP code 07008, 63.6% of residents aged 25+ have a high school diploma or higher, and 30.1% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 07008?
The mean commute time for workers in ZIP code 07008 is 31.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 07008?
In ZIP code 07008, approximately 54.7% of occupied housing units are owner-occupied and 45.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 07008?
The poverty rate in ZIP code 07008 is 8.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Carteret, NJ

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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