Cape May Point borough, New Jersey Population

Cape May Point borough, New Jersey has a population of 257, with a median household income of $121,118.

Current population data for Cape May Point borough.

257

👥

Population

257

💰

Median Income

$121,118

📉

Unemployment

2.30%

🏠

Housing Price

$1,188,114

🚨

Crime Rate

0.20

🌐

Internet Speed

246.70 Mbps

Cape May Point borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Cape May Point borough is a notable city in New Jersey, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Cape May Point borough has a population of 257, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cape May Point borough is $121,118, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Cape May Point borough average around $1,188,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Cape May Point borough is 2.30%, which is lower than the state average, indicating a relatively strong job market. Cape May Point borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Cape May Point borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Cape May Point borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Cape May Point borough

What is the population of Cape May Point borough?

The population of Cape May Point borough is approximately 257.

Is Cape May Point borough a good place to live?

Cape May Point borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Cape May Point borough?

The median household income in Cape May Point borough is around $121,118.

How expensive is housing in Cape May Point borough?

The average housing price in Cape May Point borough is approximately $1,188,114.