ZIP Code 08243
ZIP Code Tabulation Area in Cape May County, New Jersey.
- Population
- 2,079
- Median household income
- $98,860
- Median home value
- $1,019,500
-3.2%’19–’23
+34.7%’19–’23
+51.8%’19–’23
ZIP Code 08243 is a ZIP Code Tabulation Area in Cape May County, New Jersey, home to about 2,079 residents. The median household income of $98,860 is above the Cape May County median ($88,046).
From 2019 to 2023, ZIP Code 08243's population declined 3.2% from 2,147 to 2,079.
4.7% of residents live below the poverty line. Households average 1.84 people.
Demographics
ACS 2019–2023- Population
- 2,079
- Median age
- 65.2 yrs
- Median household income
- $98,860
- Median home value
- $1,019,500
- Median gross rent
- —
- Housing units
- 6,719
- Homeownership rate
- 93.8%
- Bachelor's degree or higher
- 47.5%
- Unemployment rate
- 3.5%
Trends
ACS 5-year · 2019–20232,1472,079
$73,403$98,860
$671,700$1,019,500
$1,444$1,210
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 2,147 | $73,403 | $671,700 | $1,444 |
| 2020 | 2,122 | $76,875 | $732,800 | $1,325 |
| 2021 | 2,068 | $86,359 | $794,800 | $1,589 |
| 2022 | 2,047 | $90,703 | $903,100 | $1,210 |
| 2023 | 2,079 | $98,860 | $1,019,500 | — |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 51.4%
5 to 174.9%
18 to 242.8%
25 to 343.0%
35 to 444.2%
45 to 5412.9%
55 to 6420.2%
65 to 7427.4%
75 and over23.2%
| Count | Share | |
|---|---|---|
| Under 5 | 29 | 1.4% |
| 5 to 17 | 102 | 4.9% |
| 18 to 24 | 58 | 2.8% |
| 25 to 34 | 62 | 3.0% |
| 35 to 44 | 87 | 4.2% |
| 45 to 54 | 269 | 12.9% |
| 55 to 64 | 420 | 20.2% |
| 65 to 74 | 569 | 27.4% |
| 75 and over | 483 | 23.2% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 2,011 | 96.7% |
| Black or African American | 3 | 0.1% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 0 | 0.0% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 0 | 0.0% |
| Two or more races | 25 | 1.2% |
| Hispanic or Latino (any race) | 40 | 1.9% |
Educational attainment (age 25+)
No high school diploma1.3%
High school graduate23.3%
Some college or associate's27.9%
Bachelor's degree25.9%
Graduate or professional degree21.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 24 | 1.3% |
| High school graduate | 441 | 23.3% |
| Some college or associate's | 528 | 27.9% |
| Bachelor's degree | 489 | 25.9% |
| Graduate or professional degree | 408 | 21.6% |
Commute to work
- Mean travel time to work
- 30 min
Drove alone74.0%
Carpooled2.9%
Public transit1.3%
Walked3.4%
Bicycle0.7%
Worked from home17.7%
Other means0.0%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 552 | 74.0% |
| Carpooled | 22 | 2.9% |
| Public transit | 10 | 1.3% |
| Walked | 25 | 3.4% |
| Bicycle | 5 | 0.7% |
| Worked from home | 132 | 17.7% |
| Other means | 0 | 0.0% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 221 | 36.0% |
| 15 to 29 min | 144 | 23.5% |
| 30 to 44 min | 110 | 17.9% |
| 45 to 59 min | 48 | 7.8% |
| 60+ min | 91 | 14.8% |
Households
- Average household size
- 1.84
- Poverty rate
- 4.7% (98 of 2,079)
| Count | Share | |
|---|---|---|
| Family households | 730 | 64.9% |
| Nonfamily households | 395 | 35.1% |
Housing
- Median year structure built
- 1991
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 1,125 | 16.7% |
| Vacant | 5,594 | 83.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 1,055 | 93.8% |
| Renter-occupied | 70 | 6.2% |
1-unit, detached14.2%
1-unit, attached58.5%
2 to 4 units13.9%
5 to 19 units7.9%
20 or more units5.5%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 954 | 14.2% |
| 1-unit, attached | 3,929 | 58.5% |
| 2 to 4 units | 933 | 13.9% |
| 5 to 19 units | 534 | 7.9% |
| 20 or more units | 369 | 5.5% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 08243
- Land area
- 2.2 sq mi
- Water area
- 1.97 sq mi
- Center point
- 39.1510, -74.6963
Counties this ZIP covers
1Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)