Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.2 yrs |
|---|---|
| Avg HH Size | 2.04 |
| Below Poverty | 7.7% ▼ 23% below avg |
| College Grads | 46.5% ▲ 20% above avg |
| Unemployment | 5.5% ▲ 12% above avg |
| No HS Diploma | 116 (0.9%) |
| HS Graduate | 3,498 (28.2%) |
| Some College | 1,662 (13.4%) |
| Associates | 1,358 (11%) |
| Bachelors | 982 (7.9%) |
| Graduate Degree | 4,784 (38.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,782 ≈ Avg |
|---|---|
| Median Home Value | $399,200 ▲ 43% above avg |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $1,149/mo |
| Total Housing Units | 13,101 |
| Vacant Units | 5,011 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cape May is a city in New Jersey, located in Cape May County. The city spans 1 ZIP code and is home to approximately 16,890 residents. It is a mature city, with a median age of 52.2 years.
Economically, Cape May is a middle-income community. The median household income of $80,782 is near the national average. Approximately 7.7% of residents live below the poverty line. The unemployment rate is 5.5%, near the national average.
The real estate market in Cape May is a mid-range housing market. Median home values stand at $399,200, which is above the national average. Renters typically pay around $1,149 per month. Homeownership is high at 78.9%, typical of suburban and family-oriented communities.
The population of Cape May is well-educated. 46.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (88.4%).
Cape May, NJ offers residents above-average earning potential within New Jersey.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 08204 | 16,890 | $80,782 | $399,200 | $1,149 | 5.5% | 46.5% | 78.9% |