Basking Ridge vs Elizabeth
| Basking Ridge | Elizabeth | |
|---|---|---|
| Population | 7,905 | 135,665 |
| Median Household Income | $188,295 | $66,555 |
| Median Home Value | $851,200 | $449,300 |
| Median Gross Rent | $546/mo | $1,523/mo |
| Homeownership Rate | 83.9% | 25.6% |
| Unemployment Rate | 7.5% | 7.7% |
| Bachelor's Degree or Higher | 74.3% | 14.6% |
| Median Age | 46.7 | 35.8 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.