Elizabeth, NJ — income, home value, property tax, and sales tax.
In ZIP code 07088, near Elizabeth, households earn a median of $93,240, with per-capita income at $39,861. A median home value of $346,000 pairs with a county-level effective property tax rate of 1.89%, which works out to roughly $6,539 in annual property taxes on that median home. Adding the combined sales tax rate of 6.62% on purchases, the overall cost picture blends a fairly strong income base with meaningful housing-related taxes and a moderate levy on everyday spending.
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