Cape May
Cape May has notably lower household income than the US average, with a median household income of $35,660. Population has declined 11% since 2000. Median home value has roughly tripled since 2000, reaching $700,000. With a median age of 42.2, the population is older than the US median of 37.2. Poverty is rare here, at 4.8% of residents. Households here earn about 49% less than the New Jersey median.
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How many people live in Cape May, New Jersey?
Cape May, New Jersey has about 3,607 residents according to the 2010 American Community Survey.
What is the median household income in Cape May, New Jersey?
The typical household in Cape May, New Jersey earns about $35,660 a year. Half of households make more than that, and half make less.
Is Cape May, New Jersey expensive?
In Cape May, New Jersey, the median home is worth about $700,000, and the typical rent is about $788 a month.
How educated are people in Cape May, New Jersey?
About 35.2% of adults age 25 and over in Cape May, New Jersey hold a bachelor's degree or higher.
What is the poverty rate in Cape May, New Jersey?
About 4.8% of people in Cape May, New Jersey live below the federal poverty line.
Has Cape May, New Jersey grown since 1990?
Yes, Cape May, New Jersey has shrunk since 1990. The population has lost about 1,061 residents, a change of about -23 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024