Cape May Point, NJ
Population 155 · New Jersey
About Cape May Point, NJ
Cape May Point is a small community in New Jersey with a population of 155 residents. The median household income is $88,333 per year, which is above the national average. The median age in Cape May Point is 70.9 years.
Housing in Cape May Point has a median home value of $987,200 and median monthly rent of $0. Of the 655 total housing units, the majority are owner-occupied, with 84 owner-occupied and 0 renter-occupied units.
The unemployment rate in Cape May Point is 0.0% and the poverty rate is 12.3%. 60.6% of residents hold a bachelor's degree or higher. The average commute time is 17.4 minutes.
Cost of Living in Cape May Point, NJ
Compared to national averages, Cape May Point has a median household income of $88,333 (18% above the national median of $75,149). Home values average $987,200, which is 303% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Jersey, Cape May Point's income is 24% below the state average of $115,667, and home values are 110% above the state median of $469,644.
Why Live in Cape May Point, NJ?
Cape May Point offers a strong local economy with a median household income of $88,333, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 60.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 12.3%, better than the national average, and short commute times averaging just 17.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $987,200. However, Cape May Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cape May Point has a population of 155 with a median age of 70.9 years. Compare Cape May Point with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Cape May Point
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Buttzville | 155 | $0 | $363,300 | Compare |
| Marksboro | 156 | $119,063 | $330,800 | Compare |
| Columbia | 152 | $84,531 | $322,000 | Compare |
| Cumberland-Hesstown | 152 | $0 | $217,100 | Compare |
| Greenwich CDP (Cumberland County), New Jersey | 161 | $127,813 | $246,900 | Compare |
| Lakeside-Beebe Run | 163 | $36,029 | $160,300 | Compare |
| Fortescue | 141 | $46,250 | $204,400 | Compare |
| Brainards | 172 | $170,302 | $121,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Cape May Point
What is the population of Cape May Point, NJ?
The population of Cape May Point, NJ is 155 according to the latest Census data.
What is the median household income in Cape May Point?
The median household income in Cape May Point, NJ is $88,333 per year.
What is the median home value in Cape May Point?
The median home value in Cape May Point, NJ is $987,200.
What is the average rent in Cape May Point?
The median monthly rent in Cape May Point, NJ is $0.
What is the unemployment rate in Cape May Point?
The unemployment rate in Cape May Point, NJ is 0.0%.