Cape May, NJ 08204 has a population of approximately 18,824 and experiences a population change rate of -0.04%. The population density is 940.4 / sq mi .
Cape May, NJ 08204 has a population of approximately 18,824 and experiences a population change rate of -0.04%. The population density is 940.4 / sq mi .
The median household income for Cape May, NJ 08204 is $74,543, with 7,614 households and an average household size of 2.22.
The median value of a home in Cape May, NJ 08204 is $530,200 with an appreciation rate of 20.30%. 45.99% of housing in the state is owned while 12.88% is rented.
The cost of living in Cape May, NJ 08204 is 120.1 %.
The unemployment rate in Cape May, NJ 08204 is 6.60%, and recent job growth is at -5.95%. Future job growth is projected at 30.12%.
The sales tax rate in Cape May, NJ 08204 is 6.63%, while the income tax rate is 5.53% .
School expenditures in Cape May, NJ 08204 are $26,202, and the school ratio is 10.4:1.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 44.3 inches per year, with 11.6 inches of snow per year.