Elizabeth, NJ — income, home value, property tax, and sales tax.
In ZIP code 07033, near Elizabeth, homes carry a median value of $522,200, and the county-level property tax rate of 1.89% works out to roughly $9,870 a year for a home at that price. Households here earn a median of $118,611, so property taxes alone would absorb about 8% of that income. Per-capita income stands at $55,675, meaning the tax load lands differently depending on how many earners share a household. Sales tax adds 6.62% to purchases. Buyers weighing a move here should factor the annual tax bill into what they can carry alongside a mortgage.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.