Cape May Point, NJ Demographics

The total population of Cape May Point is estimated to be 155 with 60 males (38.71%) and 95 females (61.29%). There are 35 more females than males in Cape May Point.

The median household income in Cape May Point was $83,340 in 2021, which marked an an increase of 1,865(2.29%) from $81,475 in 2020. This income is 111.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).

Per the latest American Community Survey by the Census Bureau, Cape May Point sees its highest median household income among householders in the age group of 65 years and over old, at $83,525. Overall, the median household income for the borough of Cape May Point stands at $83,340.

In Cape May Point, while the Census reported a median income of $60,531 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $60,261 for males, while data for females was unavailable due to an insufficient number of sample observations.

In Cape May Point, population is primarily represented by White households, reporting a median income of $83,340.

In 2022, the population of Cape May Point was 301, a 0.33% decrease year-by-year from 2021. Previously, in 2021, Cape May Point's population was 302, an increase of 0.33% compared to a population of 301 in 2020.

The median age in Cape May Point, NJ is 73.3, as per 2021 ACS 5-Year Estimates. Of the total population, 0.00% were under the age of 15, 2.00% aged 15 to 29, 20.67% aged 30 to 64, 58.67% aged 65 to 84, and 18.67% were 85 years of age and older.

Racial distribution of Cape May Point population: 97.33% are White, 1.33% are Black or African American and 1.33% are Asian.