Cape May County, New Jersey

Income Data

-13% vs. New Jersey average
$88,046
Median Household Income
$54,325
Per Capita Income

At a Glance

Median Household Income
$88,046
-13% vs. state avg
Per Capita Income
$54,325
+38% vs. national
Income-to-Housing Ratio
22.3%
income as % of home value
Rank in New Jersey
#14 / 21
by median household income

How Cape May County Compares

Cape May County$88,046
New Jersey Average$100,891
National Median$74,755

Detailed Income Statistics

$88,046
Median Household Income
$54,325
Per Capita Income
$395,000
Median Home Value
22.3%
Income-to-Housing Ratio

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.

Frequently Asked Questions

What is the median household income in Cape May County, New Jersey?
The median household income in Cape May County, New Jersey is $88,046, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Cape May County?
The per capita income in Cape May County is $54,325, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $88,046.
How does Cape May County compare to the New Jersey average?
Cape May County's median household income of $88,046 is lower than the New Jersey state average of $100,891. The per capita income is $54,325, compared to the state average of $52,255.
What is the per capita income in Cape May County, New Jersey?
The per capita income in Cape May County, New Jersey is $54,325, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Cape May County a low-income area in New Jersey?
Cape May County's median household income of $88,046 is below the New Jersey average of $100,891. The per capita income of $54,325 is also comparable to the state average of $52,255. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Cape May County rank for income in New Jersey?
Cape May County ranks #14 out of 21 counties in New Jersey by median household income (1 = highest). With a median household income of $88,046 and per capita income of $54,325, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Cape May County

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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

-13%

vs. National Median

+18%

vs. Cape May County MedianAbout equal
vs. New Jersey Average13% below
vs. National Median18% above

Income Adequacy

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Your monthly income ($7,337) vs. median rent ($1,345/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.