Everything You Need to Know About the City of Elizabeth New Jersey
In 2017, Elizabeth, New Jersey had a population of 129k people with a median age of 33.9 and a median household income of $45,186 dollars. Between 2016 and 2017 the population of Elizabeth, NJ grew from 128,042 to 129,363, a 1.03 percent increase and its median household income grew from $43,831 dollars to $45,186 dollars, a 3.09 percent increase.
The population of Elizabeth, NJ is 64.1 percent Hispanic or Latino, 16.9 percent Black or African American Alone, and 13.3 percent White Alone. N/A% of the people in Elizabeth, NJ speak a non-English language, and 72.9 percent are U.S. citizens.
The median property value in Elizabeth, NJ is $268,700 dollars, and the homeownership rate is 24.7 percent. Most people in Elizabeth, NJ commute by Drove Alone, and the average commute time is 25.7 minutes. The average car ownership in Elizabeth, NJ is 1 car per household.
In 2017, universities in Elizabeth, NJ awarded 8 degrees. The student population of Elizabeth, NJ is skewed towards men, with 43 male students and 0 female students.
Most students graduating from Universities in Elizabeth, NJ are White (8 and 100 percent ), followed by Asian (0 and 0 percent), Black or African American (0 and 0 percent), and Native Hawaiian or Other Pacific Islanders (0 and 0 percent).
The largest universities in Elizabeth, NJ by the number of degrees awarded are Yeshivas Be’er Yitzchok (8 and 100 percent).
The most popular majors in Elizabeth, NJ are Talmudic Studies (8 and 100 percent.
The median tuition costs in Elizabeth, NJ are $10,400 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Elizabeth, NJ employs 62.4k people and Elizabeth has an unemployment rate of 5.2 percent. Elizabeth has seen the job market decreased by -0.7 percent over the last year. Future job growth over the next ten years is predicted to be 20.6 percent, which is lower than the US average of 33.5 percent. The largest industries in Elizabeth, NJ are Retail Trade (7,381 people), Transportation & Warehousing (9,096 people), and Health Care & Social Assistance (7,084 people), and the highest paying industries are Utilities ($52,917 dollars), Information ($52,328 dollars), and Public Administration ($48,906 dollars).
Households in Elizabeth, NJ have a median annual income of $45,186 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $43,831 dollars in 2016, which represents a 3.09 percent annual growth.
Tax Rates for Elizabeth
– The Sales Tax Rate for Elizabeth is 6.6 percent.
– The Income Tax Rate for Elizabeth is 5.5 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Elizabeth
– The average earnings of an Elizabeth resident is $19,069 dollars a year.
– The Median household earnings of an Elizabeth resident is $43,966 dollars a year.
