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2024 Compare Cities Economy:
Asbury Park, NJ vs Cape May, NJ

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Highlights
- Household income in Cape May, is 31% more than it is in Asbury Park and is 4% above the National Average.
- Asbury Park unemployment rate is 6.8%.
- Cape May unemployment rate is 12.5%.

Economy
 Asbury Park, NJCape May, NJUnited States
 Unemployment Rate6.8%12.5%6.0%
 Recent Job Growth-0.2%1.8%1.6%
 Future Job Growth26.8%19.1%33.5%
 Sales Taxes6.6%6.6%6.2%
 Income Taxes5.5%5.5%4.6%
 Income per Cap.$48,179$52,786$37,638
 Household Income$54,676$71,875$69,021
 Family Median Income$82,446$96,250$85,028
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 Est. Households By Income
 Asbury Park, NJCape May, NJUnited States
 Income Less Than 15K17.0%8.8%9.4%
 Income between 15K and 20K5.7%2.7%3.8%
 Income between 20K and 30K11.8%7.8%8.1%
 Income between 30K and 40K5.8%12.5%8.0%
 Income between 40K and 50K7.4%7.4%7.6%
 Income between 50K and 60K5.3%6.1%7.2%
 Income between 60K and 75K4.8%4.8%9.6%
 Income between 75K and 100K8.6%18.2%12.8%
 Income between 100K and 150K14.8%11.8%16.3%
 Income between 150K and 200K8.3%8.3%7.8%
 Income greater than 200K10.6%11.6%9.5%
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 Population By Occupation
 Asbury Park, NJCape May, NJUnited States
 Management, business, finance21.3%23.9%16.4%
 Engineering, computers, science3.4%3.2%6.5%
 Community, social services1.0%2.5%1.8%
 Legal0.9%1.7%1.2%
 Education, library4.3%8.6%6.2%
 Arts, design, media, sports, entertainment1.7%0.7%2.0%
 Healthcare practitioners and technology5.7%10.1%6.2%
 Healthcare support5.1%0.4%3.3%
 Firefighters, law enforcement1.5%0.0%2.1%
 Food preparation, serving8.6%5.3%5.4%
 Building maintenance3.6%3.8%3.6%
 Personal care3.9%3.0%2.6%
 Sales, office, administrative support19.8%21.8%20.9%
 Farming, fishing, forestry0.1%0.7%0.6%
 Construction, extraction, maintenance/repair8.0%6.8%8.1%
 Production, transportation, material moving11.2%7.3%13.1%

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Reviews for Asbury Park    2 Reviews

It's a shame what the city and Madison Marquette is trying to force on its residents. Asbury Park is never going to be a South Beach or a soho. Asbury thrived as a  More

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Over 18 years ago

A fine place to live with beaches, a reviving downtown, culture, music, a relaxed lifestyle, diversity, and an easy 90 minute train ride to New York City. Weather is  More

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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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