What is the median household income in North Cape May, NJ?
The median household income in North Cape May, NJ is $86,962 (±$8,524) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,709 a month would take about $68,400 a year at the common guideline of spending no more than 30% of income on rent.
In North Cape May, the median household income went from $56,318 in 2015–2019 to $86,962 in 2020–2024 (+54.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $86,962 (±$8,524)
- Median renter income
- $114,315 (±$48,158)
- Income to afford median rent
- about $68,400
Income in North Cape May against Cape May County, its state and the nation
| North Cape May | Cape May County | New Jersey | United States | |
|---|---|---|---|---|
| Median household income | $86,962 (±$8,524) | $91,128 (±$3,274) | $103,556 (±$513) | $80,734 |
| Median renter household income | $114,315 (±$48,158) | $50,917 (±$6,072) | $62,674 (±$718) | $52,966 |
| Median owner household income | $81,573 (±$8,976) | $101,937 (±$3,864) | $133,477 (±$624) | $100,009 |
| Median gross rent | $1,709 (±$242) | $1,360 (±$96) | $1,720 (±$7) | $1,413 |
In North Cape May, median household income is not measurably different from Cape May County ($91,128).
It is also lower than in New Jersey ($103,556).
It is not measurably different from the national figure ($80,734).
In Cape May County, North Cape May ranks 7 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 191 of 246.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in North Cape May
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,709 a month ($20,508 a year) needs an income of about $68,400 a year.
The median renting household in North Cape May earns $114,315 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $56,318 (±$15,767) | $86,962 (±$8,524) | +54.4% | No measurable change after inflation |
| Median gross rent | $1,269 (±$205) | $1,709 (±$242) | +34.7% | No measurable change after inflation |
| Median home value | $234,500 (±$13,290) | $393,300 (±$40,021) | +67.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near North Cape May
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| North Cape May | — | $86,962 (±$8,524) | — |
| Villas | 2.6 mi | $80,974 (±$7,464) | Not measurably different |
| West Cape May Borough | 2.7 mi | $91,250 (±$15,660) | Not measurably different |
| Cape May Point Borough | 3.1 mi | $86,125 (±$9,413) | Not measurably different |
| Erma | 3.3 mi | $96,885 (±$18,698) | Not measurably different |
| Cape May | 3.9 mi | $62,576 (±$14,495) | Lower |
| Rio Grande | 4.7 mi | $76,250 (±$25,543) | Not measurably different |
| Wildwood Crest Borough | 6.1 mi | $69,089 (±$24,619) | Not measurably different |
| Whitesboro | 6.3 mi | $95,522 (±$64,406) | Not measurably different |
Nearby places with a measurably lower figure: Cape May, NJ ($62,576).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cape May County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Seaville | $139,444 (±$33,057) |
| 2 | Marmora | $105,536 (±$20,465) |
| 3 | South Dennis | $101,500 (±$25,009) |
| 4 | Palermo | $101,005 (±$11,902) |
| 5 | Erma | $96,885 (±$18,698) |
| 6 | Whitesboro | $95,522 (±$64,406) |
| 7 | North Cape May | $86,962 (±$8,524) |
| 8 | Villas | $80,974 (±$7,464) |
| 9 | Rio Grande | $76,250 (±$25,543) |
| 10 | Cape May Court House | $74,464 (±$9,903) |
North Cape May is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Lower Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Cape May
What is the median household income in North Cape May?
The median household income in North Cape May is $86,962 (±$8,524) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in North Cape May?
About $68,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,709 a month.
Have incomes in North Cape May kept up with inflation?
In North Cape May, the median household income went from $56,318 in 2015–2019 to $86,962 in 2020–2024 (+54.4%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in North Cape May?
The median renting household in North Cape May, NJ earns $114,315 (±$48,158) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — North Cape May CDP, New Jersey
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Cape May CDP, New Jersey
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Cape May CDP, New Jersey
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Cape May CDP, New Jersey
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Cape May CDP, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Cape May CDP, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Cape May CDP, New Jersey (place:52650, in state:34).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in North Cape May
- How long people stay in North Cape May
- New Jersey landlord and tenant rules
- Housing across Cape May County
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- Housing data for every place in New Jersey