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
$701,549 Zillow
$1,013
Median Rent
26.1% income on rent
56°F
Avg Temperature
293 sunny days/yr
117
Violent Crime/100K
2,742 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, 1.1% unemployment
F
Affordability
1.0 / 5.0
$823,800 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
117 violent crimes/100K
A+
Education
5.0 / 5.0
50.0% bachelor's degree or higher
Income Overview
Median Household Income
$57,230
24% below
US avg: $75,149
Per Capita Income
$65,085
67% above
US avg: $39,052
Unemployment Rate
1.1%
69% below
US avg: 3.6%
Poverty Rate
2.9%
77% below
US avg: 12.4%
Income Comparison: Cape May vs. U.S. Average
Each bar shows Cape May’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,230
76%
Per Capita
US: $39,052
$65,085
167%
IRS Avg AGI
US: $72,000
$89,478
124%
Avg Weekly Wage
US: $1,432
$934
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$934
35% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
8.4%
45% below US avg (15.2%)
Drive Alone
72.3%
1% below US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
County GDP
$7,801M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.3%
Public Transit
0.2%
Work From Home
8.4%
Other
19.1%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,020
Restaurants
889
Healthcare
236
Retail
613
Manufacturing
84
Tax & Financial
IRS Avg Adjusted Gross Income
$89,478
24% above US avg ($72,000)
Avg Property Tax
$8,248
136% above US avg ($3,500)
Cost of Living Index
108.8
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,230 |
| Per Capita Income | $65,085 |
| IRS Avg Adjusted Gross Income | $89,478 |
| Avg Weekly Wage | $934 |
| County GDP | $7,801M |
Hardship Indicators
| Unemployment Rate | 1.1% |
| Poverty Rate | 2.9% |
| Gini Coefficient | 0.475 |
| Cost of Living Index | 108.8 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 72.3% |
| Public Transit | 0.2% |
| Work From Home | 8.4% |
Businesses
| Total Establishments | 4,020 |
| Restaurants | 889 |
| Healthcare | 236 |
| Retail | 613 |
| Manufacturing | 84 |
Tax
| IRS Avg AGI | $89,478 |
| Avg Property Tax | $8,248 |
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