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 associated 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 12.29% of the workforce, making the military a major focus of life in the city. In the civilian sector, Healthcare and Education are important in the local economy and are the city’s largest civilian employers, employing 15.11% and 12.51% of the civilian workforce respectively.

Another notable thing is that Cape May is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.

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. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 17.23 minutes getting to work every day.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Cape May. 52.75% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in Cape May in 2022 was $64,513, 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 $258,052 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 18.40% 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.