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Cape May, New Jersey   Add Favorite    2 Reviews | Review This Place




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.


Bert Suggests test-driving a neighborhood in Cape May with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Cape May


    ECONOMY
    The unemployment rate in Cape May is 6.80 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Cape May jobs have Increased by 1.82 percent.
    COST OF LIVING
    Compared to the rest of the country, Cape May's cost of living is 64.60% Higher than the U.S. average.
    POPULATION
    As of 2014, Cape May's population is 3,514 people. Since 2000, it has had a population growth of -24.72 percent.
    TRANSPORTATION
    Average Commute time is 16 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Cape May is $526,700. Home appreciation the last 10 years has been -10.23%.
    SCHOOLS
    Cape May public schools spend $23,717 per student. The average school expenditure in the U.S. is $12,383. There are about 8.1 students per teacher in Cape May.

Cape May Ranked & Rated



Cape May Housing Market


It's a good time to buy in Cape May. Home Appreciation is up 0.1% in the last 12 months. Browse Cape May Real Estate.
The median home price in Cape May is $526,700. Browse Homes in this Range.
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Reviews for Cape May, New Jersey


Unknown
Cape May

Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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Start Your Review of Cape May, NJ


  12/27/2014
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)

 47

 38

  9/26/2005
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)

 45

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