Cape May vs Palermo

A side-by-side comparison of Cape May and Palermo: population, income, housing, and more.

Cape May and Palermo are places in New Jersey. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Cape May has the higher population (2,789 vs 2,667 in Palermo). Palermo has the higher median household income ($98,000 vs $57,230 in Cape May). Cape May has the higher median home value ($823,800 vs $393,900 in Palermo).

Population, income & housing

	Cape May	Palermo
Population	2,789	2,667
Median age	54.4 yrs	43.7 yrs
Median household income	$57,230	$98,000
Median home value	$823,800	$393,900
Median gross rent	$1,013	—
Housing units	3,898	1,259
Homeownership rate	63.0%	98.1%
Bachelor's degree or higher	50.0%	45.9%
Unemployment rate	2.5%	0.9%

Trends (ACS 5-year, 2019–2023)

	Cape May	Palermo
Population	3,463 → 2,789 (-19.5%)	2,614 → 2,667 (+2.0%)
Median household income	$55,700 → $57,230 (+2.7%)	$76,441 → $98,000 (+28.2%)
Median home value	$652,900 → $823,800 (+26.2%)	$317,900 → $393,900 (+23.9%)
Median gross rent	$1,009 → $1,013 (+0.4%)	—

Cape May

Population

3,4632,789

Median household income

$55,700$57,230

Median home value

$652,900$823,800

Median gross rent

$1,009$1,013

Palermo

Population

2,6142,667

Median household income

$76,441$98,000

Median home value

$317,900$393,900

Age & race/ethnicity

Age distribution (share)

	Cape May	Palermo
Under 5	1.2%	8.4%
5 to 17	11.1%	15.3%
18 to 24	12.3%	1.9%
25 to 34	10.6%	11.6%
35 to 44	10.3%	14.3%
45 to 54	4.8%	3.9%
55 to 64	17.8%	10.2%
65 to 74	21.3%	17.0%
75 and over	10.5%	17.5%

Race & ethnicity (share)

	Cape May	Palermo
White (non-Hispanic)	79.1%	96.4%
Black or African American	1.8%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.1%	0.9%
Hispanic or Latino	13.0%	2.4%

Educational attainment (age 25+)

Share of adults 25+

	Cape May	Palermo
No high school diploma	3.3%	1.1%
High school graduate	17.4%	29.8%
Some college or associate's	29.3%	23.2%
Bachelor's degree	29.7%	31.4%
Graduate or professional degree	20.3%	14.5%

Commute to work

How workers get to work (share)

	Cape May	Palermo
Drove alone	72.3%	84.0%
Carpooled	3.7%	2.1%
Public transit	0.1%	0.0%
Walked	9.0%	0.0%
Bicycle	5.0%	0.0%
Worked from home	8.4%	13.9%
Other means	1.6%	0.0%

Housing

Units in structure (share)

	Cape May	Palermo
1-unit, detached	51.5%	71.4%
1-unit, attached	29.6%	15.3%
2 to 4 units	10.9%	0.5%
5 to 19 units	2.6%	0.0%
20 or more units	5.5%	0.0%
Mobile home & other	0.0%	12.8%

Poverty & households

	Cape May	Palermo
Poverty rate	7.5%	1.7%
Average household size	1.90	2.32
Mean commute (minutes)	18	24
Median year structure built	1971	1984