New Jersey · Census place 10270
Cape May city, NJ
Quick answer
Cape May city has 2,789 residents, ranking #400 of 700 places in New Jersey. Median household income is $57,230, the median home is worth $823,800 and median gross rent runs $1,013 a month.
- Population
- 2,789Cape May city residents
- Median household income
- $57,230Past 12 months, inflation adjusted
- Median home value
- $823,800Owner-occupied units
- Median gross rent
- $1,013Rent plus utilities, monthly
- Median age
- 54.4 yrsAll residents
- Homeownership rate
- 63%Owner-occupied households
What the numbers mean in Cape May city
Housing cost measured against local earnings.
A household earning the Cape May city median would spend about 21.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 14.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 63% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Jersey.
- Pennington borough 2,798
- Hewitt CDP 2,797
- Keasbey CDP 2,793
- Clinton town 2,784
- Spring Lake borough 2,782
- Riverton borough 2,771
- Pine Ridge at Crestwood CDP 2,756
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