Elizabeth, New Jersey is a moderately-sized city with a population of 128,042 residents. Elizabeth has a population density of 10,394 people per square mile. This would be considered well above the national population density level. More than a quarter of the residents of Elizabeth identify themselves as Hispanic or Latino, and 61% of the population speak Spanish as their primary or secondary language. With an average age of 33 years old, Elizabeth could be a great place to live for young adults as this age is well below the national average.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Elizabeth could be a positive experience compared to other cities in New Jersey if you know where to search. Using the livability score which includes data from categories like cost of living, employment, housing, you can easily compare the best places to live in Elizabeth and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Elizabeth to New Jersey and the national average.
Using data and statistics Elizabeth has received a livability score of 57/100. This score is ranked in the 10th percentile when compared to all other cities. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. This city has also earned the dubious distinction of of being ranked among the bottom 10 percent of all US cities. If we explore each of the categories on their own, we see that Elizabeth ranks well for amenities (A+). There are some categories that Elizabeth does not rank well for, including: crime (F), cost of living (F), education (F) and employment (F). It might be worth taking a closer look to figure out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Elizabeth, there is no shortage of amazing local amenities and interesting things to do. Some of the notable things to do include: The Outlet Collection | Jersey Gardens, IKEA Elizabeth, and Warinanco Park.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Elizabeth. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Elizabeth are affordable. Median real estate prices in Elizabeth come in at $262,300, which is 17.1% lower than the New Jersey average. The home price to income ratio compares the median home prices to the median household income. In Elizabeth, the home price to income ratio is 6, which is 39.5% higher than the New Jersey average. Real estate appreciation rates in Elizabeth are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Elizabeth homes comes in at 13.8%, and the 5 year appreciation rates were 9.8%.
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