ZIP Code 07202

In ZIP code 07202, near Elizabeth, households bring in a median of $71,250 a year, while per-capita income sits at $29,881 — a gap that hints at varied earning levels across the area. Buying a home here means grappling with a median value of $432,100, and the county's 1.89% effective property tax rate adds a substantial annual bill on top of that price. Day-to-day purchases carry a 6.62% combined sales tax. Together, these figures shape a budget where housing costs and taxes claim a meaningful share of earnings, leaving less slack for other spending.