Real Estate details: Norwalk CT vs Elizabeth NJ
RE Insights
| Metric | Norwalk | Elizabeth |
|---|---|---|
| Population | 91,401 | 134,283 |
| Median Home Price | $486,500 | $293,000 |
| Rent | 45% | 75% |
| Own | 55% | 25% |
Real Estate Insights Comparison: Norwalk vs Elizabeth
- The population in Elizabeth is greater at 134,283 compared to 91,401 in Norwalk.
- A higher median home price of $486,500 is found in Norwalk compared to $293,000 in Elizabeth.
- The rent percentage in Elizabeth is higher at 75% compared to 45% in Norwalk.
- A greater percentage of homeowners in Norwalk at 55% 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.