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CITY · 2020 ACS

Cape May Point

New Jersey · 305 residents · 0.295 sq mi
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The short version

Cape May Point has roughly average household income, with a median household income of $71,902. Population has grown 27% since 2000. 70% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $847,800. With a median age of 67.1, the population is older than the US median of 38.8. Despite a median home value of $847,800, the poverty rate sits 65% above the US average — a pattern often seen in resort and college towns.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 67.1
US median: 38.8
More educated
70% hold a bachelor's degree
US average: 33%
Less affordable
home values up 82%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
305
+27%since 2000
from 241 in 2000
1990 – 2025
Population density
1,034 / sq mi
+27%since 2000
from 817 / sq mi in 2000
US average: 280
Median age
67.1
+5%since 2000
from 64.2 in 2000
US average: 38.8
Population, 1990 – 2024
1021572132683241990201020202024Cape May Point
2024138
1990201020202024
Section 02

Income & economy

Median household income
$71,902
−14%inflation adjusted, since 2000
from $55,313 in 2000
US average: $66,278
1990 – 2024
Per capita income
$52,961
+1%since 2000
from $52,689 in 2000
US average: $35,364
Households earning $100K+
39.8%
+13.1 ptssince 2009
from 26.7% in 2009
US average: 43.9%
Poverty rate
21.2%
+19.5 ptssince 2000
from 1.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services10%
US avg: 6.6%
Public administration7.5%
US avg: 4.7%
Wholesale trade2.5%
US avg: 6.7%
Information2.5%
US avg: 11.1%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$847,800
+82%inflation adjusted, since 2000
from $310,000 in 2000
US average: $265,253
1990 – 2024
Owner-occupied
92.8%
−4.2 ptssince 2000
from 97.0% in 2000
7.2% rent
Afford Score
11.8
+110%since 2000
from 5.6 in 2000
1990 – 2024
RELATED:See current rent listings in Cape May Point on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.4%(225)
Black2.1%(5)
Hispanic / Latino1.7%(4)
Asian0.4%(1)
Other0%
Diversity Score10.3%(25)
2020
White, non-Hispanic95.4%(291)
Black0%(0)
Hispanic / Latino2.6%(8)
Asian0.3%(1)
Other0%(0)
Diversity Score7.3%(22)
Diversity Score
7
−29%since 2000
from 10 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
70.4%
+15.5 ptssince 2000
from 54.9% in 2000
US average: 32.9%
High school or higher
100.0%
+8.4 ptssince 2000
from 91.6% in 2000
US average: 88.5%
Graduate degree
38.3%
+20.6 ptssince 2000
from 17.7% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
33.1 min
+77%since 2000
from 18.7 min in 2000
US average: 26.9
Drive alone to work
63.4%
−27.8 ptssince 2009
from 91.2% in 2009
US average: 75.1%
No vehicle available
2.2%
+2.2 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
16.7%
+16.7 ptssince 2011
from 0.0% in 2011
US average: 5.4%
Labor force participation
29.9%
−2.6 ptssince 2011
from 32.5% in 2011
US average: 63.4%
Management & professional
80.0%
−5.3 ptssince 2009
from 85.3% in 2009
US average: 39.3%
Section 08

People & community

Male
34.5%
−19.2 ptssince 2009
from 53.8% in 2009
Female
65.5%
+19.2 ptssince 2009
from 46.2% in 2009
Foreign born
6.7%
+3.6 ptssince 2009
from 3.0% in 2009
US average: 13.5%
Uninsured
0.6%
−98.2 ptssince 2013
from 98.8% in 2013
US average: 8.8%
Drill deeper

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Compare Cape May Point to nearby cities

CAPE MAY POINT VS
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Income$80,974+13%
Home value$301,600−64%
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CAPE MAY POINT VS
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Income$59,464−17%
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CAPE MAY POINT VS
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Income$49,719−31%
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CAPE MAY POINT VS
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Home value$840,500−1%
Population11,101+3625%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cape May Point, New Jersey?

Cape May Point, New Jersey has about 305 residents according to the 2020 American Community Survey.

What is the median household income in Cape May Point, New Jersey?

The typical household in Cape May Point, New Jersey earns about $71,902 a year. Half of households make more than that, and half make less.

Is Cape May Point, New Jersey expensive?

In Cape May Point, New Jersey, the median home is worth about $847,800.

How educated are people in Cape May Point, New Jersey?

About 70.4% of adults age 25 and over in Cape May Point, New Jersey hold a bachelor's degree or higher.

What is the poverty rate in Cape May Point, New Jersey?

About 21.2% of people in Cape May Point, New Jersey live below the federal poverty line.

Has Cape May Point, New Jersey grown since 1990?

Yes, Cape May Point, New Jersey has grown since 1990. The population has added about 64 residents, a change of about 27 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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