Cape May Point

Population: 155
Median household income: $88,333
Median home value: $987,200

Cape May Point, a community in Cape May County, New Jersey, has 155 residents. The median household income of $88,333 is in line with the Cape May County median ($88,046).

Between 2019 and 2023, Cape May Point's population declined 11.9% from 176 to 155, while its median home value rose 27.1% from $776,500 to $987,200.

Owners occupy 100.0% of the area's occupied homes. The median resident is 70.9 years old.

Demographics

ACS 2019–2023

Population: 155
Median age: 70.9 yrs
Median household income: $88,333
Median home value: $987,200
Median gross rent: —
Housing units: 655
Homeownership rate: 100.0%
Bachelor's degree or higher: 60.6%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

176155

Median household income

$62,500$88,333

Median home value

$776,500$987,200

Year	Population	Median household income	Median home value
2019	176	$62,500	$776,500
2020	165	$71,902	$847,800
2021	150	$77,102	$889,400
2022	155	$82,679	$984,000
2023	155	$88,333	$987,200

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.0%

5 to 170.0%

18 to 240.0%

25 to 343.2%

35 to 440.0%

45 to 541.9%

55 to 6418.7%

65 to 7432.9%

75 and over43.2%

	Count	Share
Under 5	0	0.0%
5 to 17	0	0.0%
18 to 24	0	0.0%
25 to 34	5	3.2%
35 to 44	0	0.0%
45 to 54	3	1.9%
55 to 64	29	18.7%
65 to 74	51	32.9%
75 and over	67	43.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	119	76.8%
Black or African American	27	17.4%
American Indian & Alaska Native	0	0.0%
Asian	6	3.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	3	1.9%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma1.9%

High school graduate8.4%

Some college or associate's29.0%

Bachelor's degree24.5%

Graduate or professional degree36.1%

	Count	Share
No high school diploma	3	1.9%
High school graduate	13	8.4%
Some college or associate's	45	29.0%
Bachelor's degree	38	24.5%
Graduate or professional degree	56	36.1%

Commute to work

Mean travel time to work: 17 min

Drove alone46.8%

Carpooled8.1%

Public transit0.0%

Walked33.9%

Bicycle0.0%

Worked from home11.3%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	29	46.8%
Carpooled	5	8.1%
Public transit	0	0.0%
Walked	21	33.9%
Bicycle	0	0.0%
Worked from home	7	11.3%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	28	50.9%
15 to 29 min	14	25.5%
30 to 44 min	7	12.7%
45 to 59 min	0	0.0%
60+ min	6	10.9%

Households

Average household size: 1.40
Poverty rate: 12.3% (19 of 155)

	Count	Share
Family households	35	41.7%
Nonfamily households	49	58.3%

Housing

Median year structure built: 1966

Occupancy

	Count	Share
Occupied	84	12.8%
Vacant	571	87.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	84	100.0%
Renter-occupied	0	0.0%

1-unit, detached91.0%

1-unit, attached3.7%

2 to 4 units3.4%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other2.0%

Units in structure

	Count	Share
1-unit, detached	596	91.0%
1-unit, attached	24	3.7%
2 to 4 units	22	3.4%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	13	2.0%

Geography

Place GEOID: 3410330
Type (LSAD): 21
Land area: 0.29 sq mi
Water area: 0.02 sq mi
Center point: 38.9369, -74.9654