Cape May, NJ
2,767Residents
$62,576Median household income
$1,013/moMedian gross rent
$863,900Median home value
56.7Median age
56%Adults with a bachelor’s degree or higher
65%Homes lived in by their owners
13.8×Home value to household income
Median rent takes about 19% of the median household income in Cape May.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $41,000 a year. In New Jersey that leaves roughly $2,756 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.