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Cape May Point, NJ

Full City Profile · New Jersey · Cape May County County

3.3 /5.0
B Good
155 Population 517/sq mi density
$88,333 Median Income $150,725 per capita
$987,200 Home Value $1,496,189 Zillow
56°F Avg Temperature 293 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,333 median income, 0.0% unemployment
F
Affordability
1.0 / 5.0
$987,200 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
60.6% bachelor's degree or higher

Income Overview

Median Household Income
$88,333
18% above
US avg: $75,149
Per Capita Income
$150,725
286% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Cape May Point vs. U.S. Average

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

Median Household
US: $75,149
$88,333
118%
Per Capita
US: $39,052
$150,725
386%
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
17 min
37% below US avg (28 min)
Work From Home
11.3%
26% below US avg (15.2%)
Drive Alone
46.8%
36% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,801M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 46.8%
Public Transit 0%
Work From Home 11.3%
Other 41.9%
Average commute time
17 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$88,333
Per Capita Income$150,725
IRS Avg Adjusted Gross Income$89,478
Avg Weekly Wage$934
County GDP$7,801M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate0.0%
Gini Coefficient0.475
Cost of Living Index108.8

Commute

Mean Commute17 minutes
Drive Alone46.8%
Public Transit0.0%
Work From Home11.3%

Businesses

Total Establishments4,020
Restaurants889
Healthcare236
Retail613
Manufacturing84

Tax

IRS Avg AGI$89,478
Avg Property Tax$8,248