Neither. Emory is slightly below CMU, Cornell, and Michigan; slightly above U Chicago; and significantly higher than any of the other schools you mention.
Here are the levels of all the universities you list, in decreasing order:
- CMU: 971′
- Cornell: 817′
- Michigan: 850′
- Emory: 720′
- U Chicago: 591′
- UCLA: 397’
- UC Berkeley: 282′
- USC: 184′
- Columbia: 128′
- U Penn: 56′
- Northeastern: 13′
Level data is from lat-long.com, measured in feet above mean sea level.