Elizabeth, NJ — income, home value, property tax, and sales tax.
With a median household income of $121,887 and per-capita income of $49,346, ZIP code 07083 sits in solidly middle-to-upper-income territory near Elizabeth. Homes here carry a median value of $455,300, and the county-level property tax rate of 1.89% means owners pay a meaningful share of that value each year. Add a combined sales tax of 6.62%, and the overall tax picture reflects a community with real earning power but also real costs tied to owning property and spending locally.
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