Living in Elizabeth, New Jersey

Cost of living, income, home prices, rent and demographics of Elizabeth · Census data 2020–2024

Elizabeth has 137,302 residents with a median age of 35.8. The median household income is $66,555 (36% lower than the New Jersey median), the median home value is $449,300, the median rent is $1,523/month.

Elizabeth at a glance

Population
137,302
Median age
35.8State: 40.1
Median household income
$66,555State: $103,556
Median home value
$449,300State: $454,400
Median rent
$1,523/moState: $1,720
Homeowners
25.6%
Bachelor's degree or higher
14.6%
Average commute
27 min

Is Elizabeth a good place to live?

Pros: Home values about the same as the state median; an average commute of 27 minutes.

Cons: Median household income 36% lower than the New Jersey median; unemployment of 7.7%; a poverty rate of 15.7%.

The weather is best in May–June and August–September.

Cost of living in Elizabeth

Housing is the biggest part of the cost of living. In Elizabeth the median home value is $449,300, 35% higher than the U.S. median. Renters pay a median of $1,523 per month, which is 32% of household income. Homeowners with a mortgage pay $2,916 a month in housing costs.

Median home value

Elizabeth$449,300
New Jersey$454,400
United States$332,700

Median monthly rent

Elizabeth$1,523
New Jersey$1,720
United States$1,413

Elizabeth median household income

The median household income in Elizabeth is $66,555 and the income per person is $28,969. 15.7% of residents live below the poverty line (New Jersey: 9.7%).

Median household income

Elizabeth$66,555
New Jersey$103,556
United States$80,734

Housing in Elizabeth: homes for sale and rent

Housing units
48,976
Owner-occupied
25.6%
Renter-occupied
74.4%
Vacant
5.8%Includes seasonal homes
Median year built
1957
Average household size
2.95

Elizabeth demographics

Population
137,302
Median age
35.8
Under 18
25.6%
65 and older
11.9%
Households
46,121
Foreign-born
51.6%
Veterans
1.4%Adults 18+

Race and ethnicity

White20.3%
Hispanic or Latino67.4%
Black16.3%
Asian1.8%

Hispanic or Latino can be of any race. Population history of Elizabeth ›

Education in Elizabeth

14.6% of adults 25 and older in Elizabeth have a bachelor's degree or higher (New Jersey: 43.6%), and 4.4% have a graduate or professional degree.

Bachelor's degree or higher

Elizabeth14.6%
New Jersey43.6%
United States35.7%

Jobs and commute in Elizabeth

Unemployment rate
7.7%State: 6.3%
Average commute
27 minState: 31 min
Work from home
6.3%
Drive alone
57.9%
Public transit
11%
Walk to work
4.7%
Homes with broadband
89%

Elizabeth vs nearby towns

TownPopulationMedian incomeHome valueRent
Elizabeth137,302$66,555$449,300$1,523
Hillside22,349$99,528$397,400$1,794
Linden44,192$92,915$419,700$1,731
Roselle22,646$92,762$379,900$1,567
Roselle Park14,093$109,679$443,200$1,663
Newark310,178$52,060$373,700$1,392
Bayonne71,553$83,887$460,100$1,682
Union61,071$119,464$451,300$2,064
Irvington60,867$61,609$335,600$1,386

More for people moving to Elizabeth

Elizabeth ZIP code ›Weather and climate ›

Living in Elizabeth: FAQ

What is the median household income in Elizabeth, NJ?

The median household income in Elizabeth is $66,555, 36% lower than the New Jersey median of $103,556 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Elizabeth?

The median home value in Elizabeth is $449,300, compared with $454,400 in New Jersey.

How much is rent in Elizabeth?

The median gross rent in Elizabeth is $1,523 per month, about 32% of household income.

Is Elizabeth, NJ a good place to live?

Pluses: home values about the same as the state median; an average commute of 27 minutes. Minuses: median household income 36% lower than the New Jersey median; unemployment of 7.7%; a poverty rate of 15.7%.

What is the median age in Elizabeth?

The median age in Elizabeth is 35.8 years (New Jersey: 40.1).

How long is the commute in Elizabeth?

The average commute to work in Elizabeth is 27 minutes; 6.3% of workers work from home.

What is the unemployment rate in Elizabeth?

The unemployment rate in Elizabeth is 7.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elizabeth?

14.6% of adults in Elizabeth have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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