Real Estate details: Damariscotta ME vs Elizabeth NJ

RE Insights

Metric Damariscotta Elizabeth
Population 2,218 134,283
Median Home Price $318,000 $293,000
Rent 30% 75%
Own 70% 25%

Real Estate Insights Comparison: Damariscotta vs Elizabeth

  • The population in Elizabeth is greater at 134,283 compared to 2,218 in Damariscotta.
  • A higher median home price of $318,000 is found in Damariscotta compared to $293,000 in Elizabeth.
  • The rent percentage in Elizabeth is higher at 75% compared to 30% in Damariscotta.
  • A greater percentage of homeowners in Damariscotta at 70% compared to 25% in Elizabeth.

Environmental Insights

Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.