Franklin Lakes vs Elizabeth: Housing
| Franklin Lakes | Elizabeth | |
|---|---|---|
| Median Home Value | $1,264,000 | $449,300 |
| Median Gross Rent | $3,230/mo | $1,523/mo |
| Homeownership Rate | 88.9% | 25.6% |
| Rent as Share of Income | 16.4% | 27.5% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.