About Cape May, New Jersey
Cape May, a city located in the state of New Jersey (NJ), is home to a population of approximately 2,815 people. Cape May boasts a median age of 39.6, with around 37.9% of its residents aged 60 or above. 4.1% of the population identifies as US Veterans. 7% of Cape May residents are disabled. The city has an average household income of $69,896, while the unemployment rate stands at 4.7%, and around 5.4% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Cape May is $773,007, with a monthly rent averaging $1,077.
