Palermo, NJ

Full City Profile · New Jersey · Cape May County County

4.1 /5.0

A Great

2,667 Population 858/sq mi density

$98,000 Median Income $48,770 per capita

$393,900 Home Value $479,757 Zillow

56°F Avg Temperature 297 sunny days/yr

Overall

4.1 / 5.0

Strong

A+

Economy

5.0 / 5.0

$98,000 median income, 0.5% unemployment

Affordability

4.4 / 5.0

$393,900 home value, /mo rent

C+

Safety

2.5 / 5.0

0 violent crimes/100K

A+

Education

4.7 / 5.0

45.9% bachelor's degree or higher

Change Over Time (2021–2023)

Population Change

-5.7%

2,827 → 2,667

over 2 years

Annual Pop. Growth

-2.87%

Compound annual growth rate

Median Income Change

+22.7%

$79,844 → $98,000

nominal, not inflation-adjusted

Annual Income Growth

+10.79%

Compound annual growth rate

Population Over Time

Total population for Palermo across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2021–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030

2,175

-492 from 2023 (2,667)

Projected Median Income 2030

$200,784

+$102,784 from 2023 ($98,000)

Year-by-Year Detail

Year	Population	YoY %	Median Income	YoY %
2021	2,827	—	$79,844	—
2023	2,667	-5.7%	$98,000	+22.7%

Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.