Cape May Point, NJ

Census Place

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2023 Population
155
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2023 Median Age
70.9
0.561% 1-year decrease
2023 Poverty Rate
12.3%
26.9% 1-year decrease
2023 Median Household Income
$88,333
6.84% 1-year growth
2023 Median Property Value
$987,200
0.325% 1-year growth
2023 Employed Population
62
34.8% 1-year growth

About

In 2023, Cape May Point, NJ had a population of 155 people with a median age of 70.9 and a median household income of $88,333. Between 2022 and 2023 the population of Cape May Point, NJ stayed from 155 to 155, a 0% change and its median household income grew from $82,679 to $88,333, a 6.84% increase.

The 5 largest ethnic groups in Cape May Point, NJ are White (Non-Hispanic) (76.8%), Black or African American (Non-Hispanic) (17.4%), Asian (Non-Hispanic) (3.87%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (1.94%), and American Indian & Alaska Native (Non-Hispanic) (0%).

None of the households in Cape May Point, NJ reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

89% of the residents in Cape May Point, NJ are U.S. citizens.

In 2023, the median property value in Cape May Point, NJ was $987,200, and the homeownership rate was 100%.

Most people in Cape May Point, NJ drove alone to work, and the average commute time was 17.4 minutes. The average car ownership in Cape May Point, NJ was 2 cars per household.

United StatesNew JerseyCape May County, NJOcean City, NJCape May & Atlantic (South Central) Counties--Ocean City & Somers Point City PUMA, NJ

Population & Diversity

Cape May Point, NJ is home to a population of 155 people, from which 89% are citizens. As of 2023, 7.74% of Cape May Point, NJ residents were born outside of the country (12 people).

In 2023, there were 4.41 times more White (Non-Hispanic) residents (119 people) in Cape May Point, NJ than any other race or ethnicity. There were 27 Black or African American (Non-Hispanic) and 6 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

89%
2023 Citizenship
98.1%
2022 Citizenship

As of 2023, 89% of Cape May Point, NJ residents were US citizens, which is lower than the national average of 93.4%. In 2022, the percentage of US citizens in Cape May Point, NJ was 98.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Cape May Point, NJ compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Cape May Point, NJ
  1. White (Non-Hispanic)
    119 ± 34
  2. Black or African American (Non-Hispanic)
    27 ± 22
  3. Asian (Non-Hispanic)
    6 ± 12

In 2023, there were 4.41 times more White (Non-Hispanic) residents (119 people) in Cape May Point, NJ than any other race or ethnicity. There were 27 Black or African American (Non-Hispanic) and 6 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Cape May Point, NJ as a share of the total population.

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Foreign-Born Population

7.74%
2023 Foreign-Born Population
12 people
7.74%
2022 Foreign-Born Population
12 people

As of 2023, 7.74% of Cape May Point, NJ residents (12 people) were born outside of the United States, which is approximately the same as the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Cape May Point, NJ was 7.74%, meaning that the rate has been maintaining.

The following chart shows the percentage of foreign-born residents in Cape May Point, NJ compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Korea
    4 ± 15
  2. Vietnam
    2 ± 20
  3. World War II
    0 ± 14

Cape May Point, NJ has a large population of military personnel who served in Korea, 2 times greater than any other conflict.

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Economy

The economy of Cape May Point, NJ employs 62 people. In 2023, the largest industries in Cape May Point, NJ were Other Services, Except Public Administration (23 people), Finance & Insurance (13 people), and Accommodation & Food Services (8 people), and the highest paying industries were Finance & Insurance, & Real Estate & Rental & Leasing ($250,001), Finance & Insurance ($250,001), and Other Services Except Public Administration ($34,792).

Employment

Occupations

62
2023 Value
± 88
34.8%
1 Year growth
± 177%

From 2022 to 2023, employment in Cape May Point, NJ grew at a rate of 34.8%, from 46 employees to 62 employees.

The most common job groups, by number of people living in Cape May Point, NJ, are Community & Social Service Occupations (23 people), Management Occupations (10 people), and Business & Financial Operations Occupations (7 people). This chart illustrates the share breakdown of the primary jobs held by residents of Cape May Point, NJ.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Jersey.

This chart shows weekly unemployment insurance claims in New Jersey (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

62
2023 Value
± 88
34.8%
1 Year growth
± 177%

From 2022 to 2023, employment in Cape May Point, NJ grew at a rate of 34.8%, from 46 employees to 62 employees.

The most common employment sectors for those who live in Cape May Point, NJ, are Other Services, Except Public Administration (23 people), Finance & Insurance (13 people), and Accommodation & Food Services (8 people). This chart shows the share breakdown of the primary industries for residents of Cape May Point, NJ, though some of these residents may live in Cape May Point, NJ and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$43,750
Median earning men ± $24,440
$30,000
Median earning women ± $206,356

The industries with the best median earnings for men in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($226,250), Other Services Except Public Administration ($36,042), and Public Administration ($N/A).

The industries with the best median earnings for women in 2023 are Public Administration ($N/A), Other Services Except Public Administration ($N/A), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($N/A).

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Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.
Y-Axis
2.27%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

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Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Jersey.
Measure

In 2023, 1.22% of men over 25 years of age had not completed any academic degree (no schooling), while 1.18% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for New Jersey.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (1.91M), Bachelors Degree (1.8M), and Some college (1.26M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

The median property value in Cape May Point, NJ was $987,200 in 2023, which is 3.25 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $984,000 to $987,200, a 0.325% increase. The homeownership rate in Cape May Point, NJ is 100%, which is higher than the national average of 65%.

People in Cape May Point, NJ have an average commute time of 17.4 minutes, and they drove alone to work. Car ownership in Cape May Point, NJ is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$987,200
Median Property Value 2023
±$100,235
$84
Median Property Taxes
±$54

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Cape May Point, NJ the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Cape May Point, NJ compared to it's parent and neighbor geographies.

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Rent vs Own

100%
Homeownership
2023
56.8%
Homeowners with Mortgage
2023

In 2023, 100% of the housing units in Cape May Point, NJ were occupied by their owner. This percentage stayed from the previous year's rate of 100%.

This chart shows the percentage of owner in Cape May Point, NJ compared it's parent and neighboring geographies.

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Equity

Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Cape May Point, NJ colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$88,333
Median Household Income
± $26,775
84
Number of Households
± 47

In 2023, the median household income of the 84 households in Cape May Point, NJ grew to $88,333 from the previous year's value of $82,679.

The following chart displays the households in Cape May Point, NJ distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Cape May Point, NJ is from Cape May Point, NJ.
N/A Wage GINI in N/A
  1. N/A
  2. N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.476. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Cape May Point, NJ across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2023
  1. Drove Alone (46.8%)
  2. Walked (33.9%)
  3. Worked At Home (11.3%)

In 2023, 46.8% of workers in Cape May Point, NJ drove alone to work, followed by those who walked to work (33.9%) and those who worked at home (11.3%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

17.4 minutes
Average Travel Time

Using averages, employees in Cape May Point, NJ have a shorter commute time (17.4 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Cape May Point, NJ have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Cape May Point, NJ compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Cape May Point, NJ distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Cape May Point, NJ have 2 cars.

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Poverty

Poverty & Diversity

12.3% of the population for whom poverty status is determined in Cape May Point, NJ (19 out of 155 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Males 55 - 64 and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Cape May Point, NJ is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

91% of the population of Cape May Point, NJ has health coverage, with 18.1% on employee plans, 6.45% on Medicaid, 56.8% on Medicare, 9.68% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Jersey see 1,279 patients per year on average, which represents a 8.3% increase from the previous year (1,181 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 343 patients per year.

By gender, of the total number of insured persons, 36.8% were men and 63.2% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 0% under 18 years, 3.23% between 18 and 34 years, 20.6% between 35 and 64 years, and 76.1% over 64 years.

By gender, of the total number of insured persons, 36.8% were men and 63.2% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

9.03%
Uninsured
18.1%
Employer Coverage
6.45%
Medicaid
56.8%
Medicare
9.68%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Cape May Point, NJ grew by NaNy% from 0% to 9.03%.

The following chart shows how the percent of uninsured individuals in Cape May Point, NJ changed over time compared with the percent of individuals enrolled in various types of health insurance.

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