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Cape May city, New Jersey Demographics & Population 2026

Expensive MarketHome value to income ratio of 14.4x indicates a costly housing market

As of 2026, Cape May city, New Jersey has a total population of 2,789, the 400th largest city in New Jersey, with a median household income of $57,230, which is 43% lower than the state average. The poverty rate is 7.5%.

Key Takeaways

Cape May city Quick Facts

Population 2,789
Median Household Income $57,230
Median Home Value $823,800
Poverty Rate 7.5%
Unemployment Rate 2.5%
Median Age 54.4 years
Homeownership Rate 63.0%
Affordability Ratio 14.4x
Bachelor's Degree or Higher 50.0%
High School Graduation Rate 96.7%
Diversity Index 35/100
Population 2,789 400th of 700
Median Income $57,230 bottom 10%
Poverty Rate 7.5% 40% lower national
Median Home Value $823,800 top 10%

How Cape May city Compares

Economy & Housing

Employment

2.5% Unemployment Rate State: 6.2% | National: 5.2%
56.2% Labor Force Participation

Housing Overview

Owner 63.0%
Renter 37.0%
Affordability Index Very Expensive
14.4x home value to income ratio

People & Demographics

Diversity Index

35out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 65 | National average: 60

Education

Cape May city Rankings in New Jersey

#400 Population of 700
#623 Median Income of 700
#267 Education of 700
#62 Home Value of 700

Other Cities in Cape May County

CityPopulationMedian IncomePovertyHome 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
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
West Wildwood borough 564 $64,750 3.5% $364,900

Cities Similar to Cape May city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stockton University CDP2,801N/AN/A67.0%0.0%
Concordia CDP2,724$57,063$298,50034.3%6.9%
Pine Ridge at Crestwood CDP2,756$61,563$133,8008.9%8.6%
Leisure Knoll CDP2,725$61,875$265,60023.9%7.1%
Keasbey CDP2,793$65,948$328,1009.9%24.7%

Population Overview

Cape May city is a small community located in New Jersey, within Cape May County. The total population is 2,789. It ranks as the 400th most populous out of 700 cities and towns in New Jersey.

Age Demographics

The median age in Cape May city is 54.4 years. This is 36% higher than the state median of 40.1 years. Only 12.3% of residents are under 18, indicating fewer families with children. 10.5% 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 city is $57,230. This is 43% lower than the state median of $101,050. Compared to the national median of $78,538, household income here is 27% lower. The poverty rate stands at 7.5%. This is 23% lower than the state poverty rate of 9.8%. The unemployment rate is 2.5%. This is 59% lower than the state rate of 6.2%. The median home value is $823,800. Housing costs are 93% higher than the state median of $427,600. The home-value-to-income ratio of 14.4x suggests that housing affordability is a significant concern for many residents. 63.0% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 63.7%.

Race & Ethnicity

The largest racial or ethnic group in Cape May city is White (non-Hispanic), making up 79.1% of the population. Hispanic or Latino residents account for 13.0%. The White (non-Hispanic) population is significantly higher than the state average (79.1% vs 51.9%). The Black or African American population (1.8%) is well below the state average of 12.3%. The Asian population (0.0%) is well below the state average of 9.8%.

Education

50.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 17% 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 96.7%. Notably, 20.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Cape May city, 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.

Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Cape May city, New Jersey?

Cape May city, New Jersey has a population of 2,789 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cape May city, NJ?

The median household income in Cape May city is $57,230, which is 27% lower the national median of $78,538.

What is the poverty rate in Cape May city, NJ?

The poverty rate in Cape May city is 7.5%. This means approximately 196 residents live below the federal poverty line.

What is the racial makeup of Cape May city, New Jersey?

Cape May city's population is 79.1% White, 1.8% Black, 13.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Cape May city, NJ?

The median home value in Cape May city is $823,800. The home-value-to-income ratio is 14.4x.

How educated is Cape May city, New Jersey?

50.0% of adults (25+) in Cape May city hold a bachelor's degree or higher, and 20.3% hold a graduate or professional degree.