Cape May Point borough, New Jersey Demographics & Population 2026
As of 2026, Cape May Point borough, New Jersey has a total population of 155, the 673rd largest city in New Jersey, with a median household income of $88,333, which is 13% lower than the state average. The poverty rate is 12.3%.
Key Takeaways
- Housing affordability is a challenge — homes cost 11.2x the median household income.
- Near full employment with an unemployment rate of just 0.0%.
Cape May Point borough Quick Facts
How Cape May Point borough Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 60
Education
Educational Attainment (Adults 25+)
Cape May Point borough Rankings in New Jersey
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Other Cities in Cape May County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Ocean City city | 11,260 | $101,782 | 7.9% | $719,100 |
| Wildwood city | 5,140 | $51,996 | 18.1% | $361,200 |
| North Wildwood city | 3,620 | $85,812 | 9.9% | $446,400 |
| Wildwood Crest borough | 3,094 | $82,143 | 8.5% | $526,600 |
| Cape May city | 2,789 | $57,230 | 7.5% | $823,800 |
| Woodbine borough | 2,083 | $45,179 | 26.4% | $199,800 |
| Sea Isle City city | 2,079 | $98,860 | 4.7% | $1,019,500 |
| Avalon borough | 1,478 | $143,482 | 3.7% | $1,756,100 |
| West Cape May borough | 934 | $79,375 | 4.7% | $698,300 |
| Stone Harbor borough | 853 | $128,235 | 5.0% | $1,898,800 |
Cities Similar to Cape May Point borough
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Buttzville CDP | 155 | N/A | $363,300 | 66.5% | 1.9% |
| Cumberland-Hesstown CDP | 152 | N/A | $217,100 | 11.7% | 0.0% |
| Columbia CDP | 152 | $84,531 | $322,000 | 28.7% | 13.4% |
| Marksboro CDP | 156 | $119,063 | $330,800 | 40.9% | 0.0% |
| Greenwich CDP (Cumberland County) | 161 | $127,813 | $246,900 | 47.7% | 0.0% |
Population Overview
Cape May Point borough is a small community located in New Jersey, within Cape May County. The total population is 155. It ranks as the 673rd most populous out of 700 cities and towns in New Jersey.
Age Demographics
The median age in Cape May Point borough is 70.9 years. This is 77% higher than the state median of 40.1 years. Only 0.0% of residents are under 18, indicating fewer families with children. 43.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Cape May Point borough is $88,333. This is 13% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 12% higher. The poverty rate stands at 12.3%. This is 25% higher than the state poverty rate of 9.8%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 6.2%. The median home value is $987,200. Housing costs are 131% higher than the state median of $427,600. The home-value-to-income ratio of 11.2x suggests that housing affordability is a significant concern for many residents. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 57% higher than the state average of 63.7%.
Race & Ethnicity
The largest racial or ethnic group in Cape May Point borough is White (non-Hispanic), making up 76.8% of the population. Black or African American residents account for 17.4%. The Asian population (3.9%) is well below the state average of 9.8%.
Education
60.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% higher than the state rate of 42.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%. Notably, 36.1% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Cape May Point borough, New Jersey is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Cape May Point borough, New Jersey?
Cape May Point borough, New Jersey has a population of 155 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cape May Point borough, NJ?
The median household income in Cape May Point borough is $88,333, which is 12% higher the national median of $78,538.
What is the poverty rate in Cape May Point borough, NJ?
The poverty rate in Cape May Point borough is 12.3%. This means approximately 19 residents live below the federal poverty line.
What is the racial makeup of Cape May Point borough, New Jersey?
Cape May Point borough's population is 76.8% White, 17.4% Black, 0.0% Hispanic/Latino, and 3.9% Asian.
What is the median home value in Cape May Point borough, NJ?
The median home value in Cape May Point borough is $987,200. The home-value-to-income ratio is 11.2x.
How educated is Cape May Point borough, New Jersey?
60.7% of adults (25+) in Cape May Point borough hold a bachelor's degree or higher, and 36.1% hold a graduate or professional degree.