Cape May County, New Jersey
Income Data
At a Glance
How Cape May County Compares
Detailed Income Statistics
Data Story
About Household Income in Cape May County, New Jersey
Cape May surpasses national income levels
Cape May County's median household income of $88,046 exceeds the national median of $74,755 by 17.8%, reflecting strong seasonal and year-round employment. The county's tourism and service sectors generate substantial income despite seasonal economic fluctuations.
Below state average, beach economy shows strength
Cape May's $88,046 income trails New Jersey's $100,891 state average by $12,845, though it outperforms several struggling South Jersey counties. The gap reflects seasonal employment challenges common to shore-dependent economies, yet the county maintains resilience through tourism and retirement migration.
Outearns Cumberland, matches Atlantic's strength
Cape May's $88,046 median substantially exceeds Cumberland County's $64,499 and closely tracks Atlantic County's $76,819. Among South Jersey counties, Cape May occupies a middle position, bolstered by affluent retirees and seasonal workers who boost median income figures.
Tourism economy supports affordable living
Cape May's 18.3% rent-to-income ratio is among the state's most favorable, allowing households to retain substantial discretionary income. The median home value of $395,000 reflects the county's desirability as a coastal destination—requiring roughly 4.5 years of gross income, but achievable for dual-income households.
Seasonal income requires year-round planning
Cape May households should build 9–12 months of emergency reserves given seasonal employment patterns common to shore communities. Consistent maxing of retirement accounts during peak earnings months and diversifying income sources creates stability and long-term wealth accumulation.
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Your income is above the Cape May County median
County median: $88,046 per year
vs. County Median
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vs. State Average
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vs. National Median
+18%
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.