Elizabeth, NJ — Demographics & Statistics
ZIP code 07208 serves a portion of Elizabeth, New Jersey, within Union County. This community is home to approximately 17,793 residents, with a median age of 31.4 years. The median household income of $97,751 sits above the national median of $67,521, while median home values of $518,080 are above the national average of $301,500. The area has a renter-majority housing profile, with 47% owner-occupied and 53% renter-occupied units. Cost of living in this part of Elizabeth is higher than the national baseline, with an index of 147 (100 = national average). With a college-education rate of 70% and an unemployment rate of 5.2%, 07208 reflects the economic character of Union County in New Jersey.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 17,793 | — |
| Population | Density (per sq mi) | 20,865 | — |
| Economics | Median Household Income | $97,751 | ↑ 45% vs nat'l avg |
| Economics | Median Home Value | $518,080 | ↑ 72% vs nat'l avg |
| Economics | Cost of Living Index | 147 | ↑ Higher than avg |
| Economics | Unemployment Rate | 5.2% | ↑ 33% vs nat'l avg |
| Economics | Below Poverty Line | 16.5% | ↑ 45% vs nat'l avg |
| Education | College Educated (25+) | 70% | ↑ 100% vs nat'l avg |
| Demographics | Median Age | 31.4 yrs | ↓ 18% vs nat'l avg |
| Housing | Owner-Occupied | 47% | — |
| Housing | Renter-Occupied | 53% | — |
| Housing | Total Housing Units | 9,430 | — |