Elizabeth, NJ — income, home value, property tax, and sales tax.
Households in ZIP code 07922, near Elizabeth, report a median income of $202,944, with per-capita earnings of $97,117. A median home value of $785,300 carries a county property tax rate of 1.89%, which works out to a substantial annual bill on a house at that price. Sales tax adds 6.62% at checkout. High earnings give these households real capacity to absorb both, though the property tax line alone claims a meaningful share of income each year.
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