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Cape May, New Jersey 2 Reviews | Leave a Comment



Pros

-Pleasant summers
-Calm ambience
-Beach areas

Cons

-Cost of living
-Tourist impact
-Dependence on tourism


What Bert Has To Say About Ocean City Metro Area


Ocean City is just south of the bustling and quite-different Atlantic City and has been an established family-oriented resort and tourist destination for years. Unlike Atlantic City, it isn’t on the national and international radar but is mostly enjoyed by vacationers from nearby East Coast cities, the nearest of which is Philadelphia.

Ocean City itself sits on an easily-accessed barrier island and has a waterfront boardwalk characteristic of the region. Boating, beach and water activities dominate, and music and live entertainment is usually readily available. It has resisted the development of ugly sprawl, high-rise buildings, and in-your-face beach tourism common in many other so-called “beach towns.” Cost of living and especially housing are high but not unreasonable for a coastal area. In keeping with the low-growth character of the area, future job growth is fairly weak while current employment is healthy.

Surrounding terrain is mainly treeless and sandy near the shore, with numerous tidal marshes. Most vegetation consists of grass and low underbrush, transitioning to farmland and some wooded areas away from shore. For the region, the year-round climate is quite pleasant, with Atlantic waters moderating both summer heat and winter cold. Sea breezes keep summer morning and afternoon temperatures in the 80’s. Precipitation is evenly distributed through the year, but there is some hurricane and tropical storm risk in late summer and fall. “Noreasters” traveling up the coast can bring heavy rain all seasons and some snow. Snow accumulations are far more likely inland. First freeze is late October, last is mid-April.


Highlights



Quick Facts About Cape May


    ECONOMY
    The unemployment rate in Cape May is 11.40 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Cape May jobs have Increased by 5.03 percent.
    COST OF LIVING
    Compared to the rest of the country, Cape May's cost of living is 65.20% Higher than the U.S. average.
    POPULATION
    As of 2014, Cape May's population is 3,613 people. Since 2000, it has had a population growth of -10.44 percent.
    TRANSPORTATION
    Average Commute time is 14 minutes. The National Average is 25 minutes.
    REAL ESTATE
    The median home cost in Cape May is $474,900. Home appreciation the last year has been 0.30 percent.
    SCHOOLS
    Cape May public schools spend $22,270 per student. The average school expenditure in the U.S. is $12,435. There are about 11.7 students per teacher in Cape May.

Best Places to Live in Cape May, New Jersey



Cape May Housing Market


It's a good time to buy in Cape May. Home Appreciataion is up 0.3% in the last 12 months. Browse Cape May Real Estate.
The median home price in Cape May is $474,900. Browse Homes in this Range.
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Comments


Beautiful on the beach and the mainland
From the beaches of Cape May at the true south of New Jersey, to the vastness of the Wildwood beaches, to the shimmering water and clean sands of Avalon and Stone... (read more)
Cape May NJ
Cape May is a picturesque pleasant town with a increase in population in the summer months. As a tourist town a good deal of the people who live here make the bulk of... (read more)
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