Cape May County NJ Information

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Cape May County Subdivisions

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  1. Cape May County 2019 Demographic Data
  2. Growth Rates forCape May County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Jersey Research Tools (Easy Tools & Current Data)
  3. New Jersey Data Comparison Tool - 2019 Demographics

Cape May County NJ Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Cape May County NJ Housing Affordability Index is 88
State of New Jersey Housing Affordability Index is 91
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Cape May County NJ Wealth Index is 132
State of New Jersey Wealth Index is 148
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the New Jersey COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 94,019 (100%)
Population in Households 91,432 (97.2%)
Population in Families 72,443 (77.1%)
Population in Group Quarters1 2,587 ( 2.8%)
Population Density 374
Diversity Index2 34
 

INCOME

Median Household Income $67,427
Average Household Income $92,070
Per Capita Income $38,721
Wealth Index4 132

HOUSING

Total Housing Units 101,224 (100%)
Owner Occupied HU 30,132 (29.8%)
Renter Occupied HU 9,275 ( 9.2%)
Vacant Housing Units 61,817 (61.1%)
Median Home Value $337,850
Housing Affordability Index3 88
 

HOUSEHOLDS

Total Households 39,407
Average Household Size 2.32
Family Households 25,012
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.37% -0.57%
Households -0.38% -0.59%
Families -0.4% -0.6%
Median Household Income   1.9%
Per Capita Income   2.4%

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Cape May County NJ - Peer Comparisons by Rank and Percentile

The table below compares Cape May County to the other 21 counties and county equivalents in New Jersey by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 20 10th
Population Density # 16 29th
Diversity Index # 19 19th
Median Household Income # 15 33rd
Per Capita Income # 15 33rd

Additional comparisons and rankings can be made with a VERY EASY TO USE New Jersey Census Data Comparison Tool.

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