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2024 Compare Cities Economy:
Cape May, NJ vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 45% more than it is in Cape May and is 34% above the National Average.
- Cape May unemployment rate is 12.5%.
- Wake Forest unemployment rate is 3.6%.

Economy
 Cape May, NJWake Forest, NCUnited States
 Unemployment Rate12.5%3.6%6.0%
 Recent Job Growth1.8%3.0%1.6%
 Future Job Growth19.1%51.6%33.5%
 Sales Taxes6.6%7.3%6.2%
 Income Taxes5.5%5.3%4.6%
 Income per Cap.$52,786$43,601$37,638
 Household Income$71,875$104,006$69,021
 Family Median Income$96,250$112,397$85,028
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 Est. Households By Income
 Cape May, NJWake Forest, NCUnited States
 Income Less Than 15K8.8%2.8%9.4%
 Income between 15K and 20K2.7%1.5%3.8%
 Income between 20K and 30K7.8%3.4%8.1%
 Income between 30K and 40K12.5%4.9%8.0%
 Income between 40K and 50K7.4%8.8%7.6%
 Income between 50K and 60K6.1%7.1%7.2%
 Income between 60K and 75K4.8%6.7%9.6%
 Income between 75K and 100K18.2%12.0%12.8%
 Income between 100K and 150K11.8%23.0%16.3%
 Income between 150K and 200K8.3%16.7%7.8%
 Income greater than 200K11.6%13.2%9.5%
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 Population By Occupation
 Cape May, NJWake Forest, NCUnited States
 Management, business, finance23.9%28.8%16.4%
 Engineering, computers, science3.2%11.1%6.5%
 Community, social services2.5%2.5%1.8%
 Legal1.7%1.3%1.2%
 Education, library8.6%7.5%6.2%
 Arts, design, media, sports, entertainment0.7%1.8%2.0%
 Healthcare practitioners and technology10.1%8.0%6.2%
 Healthcare support0.4%1.4%3.3%
 Firefighters, law enforcement0.0%1.7%2.1%
 Food preparation, serving5.3%3.0%5.4%
 Building maintenance3.8%1.5%3.6%
 Personal care3.0%2.4%2.6%
 Sales, office, administrative support21.8%18.6%20.9%
 Farming, fishing, forestry0.7%0.4%0.6%
 Construction, extraction, maintenance/repair6.8%3.7%8.1%
 Production, transportation, material moving7.3%6.4%13.1%

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Reviews for Cape May    2 Reviews

Over 10 years ago

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  More

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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  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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ZIPS IN CAPE MAY, NEW JERSEY
No Zip Codes Here.
ZIPS IN WAKE FOREST, NORTH CAROLINA
27587

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