Cape May Point, NJ

Census Place

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2023 Population

155

US Senator

N/ACory Booker

Democratic Party

US Senator

N/AAndy 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 Property Value

$987,200

0.325% 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 N/A. Between 2022 and 2023 the population of Cape May Point, NJ stayed from 155 to 155, a 0% change and its median household income N/A from N/A to N/A, a N/A% N/A.

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+ (Non-Hispanic) (1.94%), and White (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 States New Jersey Cape May County, NJ Ocean City, NJ Cape 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 N/A, N/A% of Cape May Point, NJ residents were born outside of the country (N/A 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 approximately the same as the national average of N/A%. 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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Cape May Point, NJ

White (Non-Hispanic)
119 ± 34
Black or African American (Non-Hispanic)
27 ± 22
Asian (Non-Hispanic)
6 ± 12

The following chart shows the 7 races represented in Cape May Point, NJ as a share of the total population.

Military

Veterans

Most Common Service Period

Korea
4 ± 15
Vietnam
2 ± 20
Gulf War (2001-)
0 ± 24

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

Economy

The economy of Cape May Point, NJ employs N/A people. The largest industries in Cape May Point, NJ are Other Services, Except Public Administration (23 people), Finance & Insurance (13 people), and Accommodation & Food Services (8 people), and the highest paying industries are .

Employment

Occupations

N/A

N/A Value

± N/A

From N/A to N/A, employment in Cape May Point, NJ stayed at a rate of NaNN%, from N/A employees to N/A employees.

The most common job groups, by number of people living in Cape May Point, NJ, are . This chart illustrates the share breakdown of the primary jobs held by residents of Cape May Point, NJ.

Unemployment Insurance Claims

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

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

N/A

N/A Value

± N/A

From N/A to N/A, employment in Cape May Point, NJ stayed at a rate of NaNN%, from N/A employees to N/A 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.

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) and Other Services Except Public Administration ($36,042).

The industries with the best median earnings for women in 2023 are .

Employment by Industry Sector

Data is only available at the state level. Showing data for N/A.

Y-Axis

N/A%

Year-over-year N/A

Employment change between N/A N/A and N/A N/A

As of N/A N/A, there are N/A people employed in N/A. This represents a N/A% N/A in employment when compared to N/A N/A.

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

The following chart shows monthly employment numbers for each industry sector in N/A.

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.

Working Population

Educational Pyramid

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

Measure

In 2022, 1.15% of men over 25 years of age had not completed any academic degree (no schooling), while 1.13% of women were in the same situation.

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

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 2022 were High School or Equivalent (1.92M), Bachelors Degree (1.77M), and Some college (1.3M).

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.

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 approximately the same as the national average of N/A%.

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

N/A

Median Property Taxes

±N/A

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.

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.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

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

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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.

N/A

Median Household Income

± N/A

Number of Households

± 47

In N/A, the median household income of the 84 households in Cape May Point, NJ N/A N/A from the previous year's value of N/A.

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 N/A range.

Wage Distribution

The closest comparable wage GINI for Cape May Point, NJ is from New Jersey.

0.489

2022 Wage GINI in New Jersey

0.49

2021 Wage GINI in New Jersey

In 2022, the income inequality in New Jersey was 0.489 according to the GINI calculation of the wage distribution. Income inequality had a 0.278% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.478. In other words, wages are distributed less evenly in New Jersey in comparison to the national average.

This chart shows the number of workers in New Jersey across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (46.8%)
Walked (33.9%)
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.

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.

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.

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 Males < 5.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

N/A% of the population of Cape May Point, NJ has health coverage, with N/A% on employee plans, N/A% on Medicaid, N/A% on Medicare, N/A% on non-group plans, and N/A% on military or VA plans.

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, 30.3% were men and 69.7% were women.

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

Uninsured People

N/A%

Uninsured

N/A%

Employer Coverage

N/A%

Medicaid

N/A%

Medicare

N/A%

Non-Group

N/A%

Military or VA

Between N/A and N/A, the percent of uninsured citizens in Cape May Point, NJ N/A by N/A from N/A% to N/A%.

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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