Elizabeth, NJ — income, home value, property tax, and sales tax.
Households in ZIP code 07027, near Elizabeth, earn a median of $110,670, with per-capita income at $63,436 — placing the area squarely in upper-middle-income territory rather than among New Jersey's wealthiest enclaves. Homes carry a median value of $533,300, and the county-level effective property tax rate of 1.89% means owners pay a substantial annual sum on that valuation. Add a combined sales tax of 6.62%, and the overall tax picture reflects what higher earnings and pricier housing in this part of the state generally bring.
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