Cape May Point, NJ

Census Place

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2024 Population
138
US Senator
Cory Booker
Democratic Party
US Senator
Andy Kim
Democratic Party
2024 Median Age
70.8
0.141% 1-year decrease
2024 Poverty Rate
7.97%
35% 1-year decrease
2024 Median Household Income
$86,125
2.5% 1-year decline
2024 Median Property Value
$1.05M
6.36% 1-year growth
2024 Employed Population
48
22.6% 1-year decline

About

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.

87% of the residents in Cape May Point, NJ are U.S. citizens.

In 2024, the median property value in Cape May Point, NJ was $1.05M, and the homeownership rate was 97.6%.

Most people in Cape May Point, NJ drove alone to work, and the average commute time was 16.2 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 138 people, from which 87% are citizens. As of 2024, 15.9% of Cape May Point, NJ residents were born outside of the country (22 people).

In 2024, there were 9.42 times more White (Non-Hispanic) residents (113 people) in Cape May Point, NJ than any other race or ethnicity. There were 12 Black or African American (Non-Hispanic) and 9 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

87%
2024 Citizenship
89%
2023 Citizenship

As of 2024, 87% of Cape May Point, NJ residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Cape May Point, NJ was 89%, 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)
    113 ± 40
  2. Black or African American (Non-Hispanic)
    12 ± 24
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    9 ± 9

In 2024, there were 9.42 times more White (Non-Hispanic) residents (113 people) in Cape May Point, NJ than any other race or ethnicity. There were 12 Black or African American (Non-Hispanic) and 9 Two Races Excluding Other, & Three or More Races (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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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Jersey.
Most Common Origin
  1. India
    273,706 ± 12,653 people
  2. Dominican Republic
    205,965 ± 11,018 people
  3. Mexico
    107,667 ± 8,009 people

In 2023, the most common birthplace for the foreign-born residents of New Jersey was India, the natal country of 273,706 New Jersey residents, followed by Dominican Republic with 205,965 and Mexico with 107,667.

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Foreign-Born Population

15.9%
2024 Foreign-Born Population
22 people
7.74%
2023 Foreign-Born Population
12 people

As of 2024, 15.9% of Cape May Point, NJ residents (22 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Cape May Point, NJ was 7.74%, meaning that the rate has been increasing.

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

Vietnam
Most Common Service Period
2 ± 20

The chart shows the distribution of veterans by conflict in Cape May Point, NJ.

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Economy

The economy of Cape May Point, NJ employs 48 people. In 2024, the largest industries in Cape May Point, NJ were Other Services, Except Public Administration (19 people), Finance & Insurance (8 people), and Public Administration (5 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 ($33,438).

Employment

Occupations

48
2024 Value
± 89
−22.6%
1 Year decline
± 301%

From 2023 to 2024, employment in Cape May Point, NJ declined at a rate of −22.6%, from 62 employees to 48 employees.

The most common job groups, by number of people living in Cape May Point, NJ, are Community & Social Service Occupations (19 people), Management Occupations (10 people), and Business & Financial Operations Occupations (4 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

48
2024 Value
± 89
−22.6%
1 Year decline
± 301%

From 2023 to 2024, employment in Cape May Point, NJ declined at a rate of −22.6%, from 62 employees to 48 employees.

The most common employment sectors for those who live in Cape May Point, NJ, are Other Services, Except Public Administration (19 people), Finance & Insurance (8 people), and Public Administration (5 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

$54,583
Median earning men ± $136,012
$30,313
Median earning women ± $8,935

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($35,938).

The industries with the best median earnings for women in 2024 are .

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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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Housing & Living

The median property value in Cape May Point, NJ was $1.05M in 2024, which is 3.16 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $987,200 to $1.05M, a 6.36% increase. The homeownership rate in Cape May Point, NJ is 97.6%, which is higher than the national average of 65.2%.

People in Cape May Point, NJ have an average commute time of 16.2 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

$1.05M
Median Property Value 2024
±$108,837
$80
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

97.6%
Homeownership
2024
58.2%
Homeowners with Mortgage
2024

In 2024, 97.6% of the housing units in Cape May Point, NJ were occupied by their owner. This percentage declined 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

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$86,125
Median Household Income
± $9,413
82
Number of Households
± 48

In 2024, the median household income of the 82 households in Cape May Point, NJ declined from $86,125 from the previous year's value of $88,333.

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 New Jersey.
0.486
2023 Wage GINI in New Jersey
0.489
2022 Wage GINI in New Jersey

In 2023, the income inequality in New Jersey was 0.486 according to the GINI calculation of the wage distribution. Income inequality had a 0.709% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for New Jersey was higher than than the national average of 0.476. 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.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (50%)
  2. Walked (29.2%)
  3. Worked At Home (18.8%)

In 2024, 50% of workers in Cape May Point, NJ drove alone to work, followed by those who walked to work (29.2%) and those who worked at home (18.8%).

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

16.2 minutes
Average Travel Time

Using averages, employees in Cape May Point, NJ have a shorter commute time (16.2 minutes) than the normal US worker (26.4 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

7.97% of the population for whom poverty status is determined in Cape May Point, NJ (11 out of 138 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 75+ and then Males 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

94.2% of the population of Cape May Point, NJ has health coverage, with 28.3% on employee plans, 2.9% on Medicaid, 55.1% on Medicare, 7.97% 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 0% change from the previous year (1,279 patients). Compare this to dentists who see 1157 patients per year, and mental health providers who see 320 patients per year.

By gender, of the total number of insured persons, 33.3% were men and 66.7% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 0% under 18 years, 0.725% between 18 and 34 years, 29.7% between 35 and 64 years, and 69.6% over 64 years.

By gender, of the total number of insured persons, 33.3% were men and 66.7% were women.

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

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Uninsured People

5.8%
Uninsured
28.3%
Employer Coverage
2.9%
Medicaid
55.1%
Medicare
7.97%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Cape May Point, NJ declined by 35.8% from 9.03% to 5.8%.

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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