ZIP Code 07203

ZIP code 07203, centered on Elizabeth, sits in middle-income territory, with a median household income of $92,762 and per-capita income of $42,371. Homes here carry a median value of $379,900, and the county-level property tax rate of 1.89% applies to that figure. Combined with a 6.62% sales tax, the overall tax load leans on both property owners and everyday shoppers. The gap between household and per-capita income hints at larger households pooling earnings, a pattern common in working- to middle-class communities where property taxes take a meaningful bite.