Cape May is a very small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 2,778 people and four constituent neighborhoods, Cape May is the 392nd largest community in New Jersey.
Cape May home prices are not only among the most expensive in New Jersey, but Cape May real estate also consistently ranks among the most expensive in America.
Cape May is a military town: the armed forces employs 17.78% of the workforce, making the military a major focus of life in the city. In the civilian sector, Healthcare and Public Service are important in the local economy and are the city’s largest civilian employers, employing 18.61% and 14.89% of the civilian workforce respectively.
Another notable thing is that Cape May is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the city’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Cape May is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Compared to the rest of the country, citizens of Cape May spend much less time in their cars: on average, their commute to work is only 17.47 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
Do you like to read, write and learn? If you move to Cape May, you'll likely find that many of your neighbors like to as well. Cape May is one of the more educated communities in America, with a full 52.86% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Cape May in 2018 was $52,786, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $211,144 for a family of four. However, Cape May contains both very wealthy and poor people as well.
Cape May is a very ethnically-diverse city. The people who call Cape May home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cape May residents report their race to be White, followed by Black or African-American. Cape May also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.07% of the city’s residents. Important ancestries of people in Cape May include Irish, German, Italian, English, and Polish.
The most common language spoken in Cape May is English. Other important languages spoken here include Spanish and Arabic.