Cape May, NJ

Full City Profile · New Jersey · Cape May County County

2.8 /5.0
C+ Fair
2,789 Population 1,129/sq mi density
$57,230 Median Income $65,085 per capita
$823,800 Home Value $745,433 Zillow
$1,013 Median Rent 26.1% income on rent
56°F Avg Temperature
145 Violent Crime/100K 2,650 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$57,230 median income, 2.5% unemployment
F
Affordability
1.0 / 5.0
$823,800 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
145 violent crimes/100K
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher

Cape May, NJ

At a Glance

Median Income
$57,230
24% below
$65,085 per capita
Home Value
$823,800
192% above
Zillow: $745,433
Median Rent
$1,013/mo
13% below
26.1% of income on rent
Violent Crime
145/100K
62% below
2,650/100K property
Bachelor's Degree+
50.0%
48% above
96.7% high school+
Unemployment
2.5%
31% below
2.9% poverty rate
Obesity Rate
35.4%
10% above
12.9% smoking rate
Avg Temperature
56°F

How Cape May Compares to the U.S. Average

Each bar shows Cape May's value as a percentage of the national average (100% = U.S. avg)

Income
76%
Home Value
292%
Rent
87%
Poverty
23%
Bachelor's
148%
Unemployment
69%
Crime
38%
Thin vertical line = U.S. national average (100%)

Is Cape May a Good Place to Live?

C+
2.8 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cape May residents earn a median household income of $57,230 , which is 24% below the national average of $75,149. Per capita income is $65,085. The unemployment rate stands at 2.5% (31% below the U.S. rate of 3.6%). 2.9% of residents live below the poverty line. The area is home to 4,020 business establishments, including 889 restaurants.

Housing & Cost of Living

The median home value in Cape May is $823,800 , 192% above the national median of $281,900. Zillow estimates the typical home at $745,433. Median rent is $1,013/month, with 26.1% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1972.

Safety & Crime

Cape May reports 145 violent crimes per 100,000 residents , which is 62% below the national average of 380/100K. Property crime is 2,650/100K.

Education

50.0% of adults in Cape May hold a bachelor's degree or higher (48% above the national average). 96.7% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Cape May has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 77°F in July. Annual precipitation totals 43.8 inches.

Data Overview

People

Population2,789
Median Age54.4 yrs
Density1,129/mi²
Male / Female54% / 46%
Foreign Born6.0%
Veterans3.7%

Economy

A
Median Income$57,230
Per Capita$65,085
Unemployment2.5%
Poverty2.9%
County GDP$7,801M
Avg Weekly Wage$934

Housing

F
Home Value$823,800
Rent$1,013
Ownership63.0%
Zillow$745,433
Housing Units3,877
Rent Burden26.1%

Crime

F
Violent145/100K
Property2,650/100K

Health

Obesity35.4%
Diabetes8.7%
Smoking12.9%
Heart Disease5.1%
Premature Death9,176/100K

Climate

Avg Temp56°F
Rain43.8 in/yr
Elevation6 ft

Education

A+
Bachelor's+50.0%
High School+96.7%
Graduate+19.4%
School Score6.1/10

Community

2024 VoteR 59% / D 40%
Commute18 min
Broadband91.9%
Internet Speed130 Mbps
EV Stations11
Libraries13

Did You Know?

Cape May was founded in 1611.
The median home in Cape May was built in 1972.
The nearest airport is Atlantic City International (40 miles).
The Gini coefficient (income inequality) is 0.475 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
7.7% of the population has a disability.
Average internet download speed is 130 Mbps.
There are 889 restaurants in the area.
The county recorded 14 fatal vehicle crashes.