Businesses for Sale | Elizabeth, New Jersey
Discover business opportunities, in or around Elizabeth, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Elizabeth, located in The Garden State had a total population of 136,494 people.
City Statistics and Other Information About Elizabeth
Demographics
From a total population of 136,494, Elizabeth has a median age of 35. The average age of males, in Elizabeth, is 34 while the average age of females is 35. When you compare the median age of men and women in Elizabeth, there is an average difference of 0.55 years.
Income
The median income of individuals, in Elizabeth, is $30,612 while the average household income is $65,032. In 2029, the average income per capita for Elizabeth is expected to be $30,612.
Additional Information
07201 - 07208Union County
Is Elizabeth the Best Location for Franchise Opportunities and Growth?
What is the average income in Elizabeth?
The median household income in Elizabeth is $65,032, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Elizabeth an affordable place to start a franchise?
With a median income of $65,032, Elizabeth presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Elizabeth's income compare to other locations?
The median income of $65,032 in Elizabeth is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Elizabeth have a stable workforce to support my business?
Absolutely! With 37,714 employed individuals, Elizabeth offers a solid labor force to support franchise growth.
Is Elizabeth a growing economy?
With a workforce of 37,714 and a median household income of $65,032, Elizabeth provides an emerging economic environment for new business opportunities.
Does homeownership in Elizabeth indicate a stable market?
Homeownership rates at 11,217 show a strong local investment in the community, which benefits long-term franchise success.
