2026 Compare Cities Economy:
Cape May, NJ vs Memphis, TN

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Highlights
- Household income in Memphis, is 39% less than it is in Cape May and is 57% below the National Average.
- Cape May unemployment rate is 12.5%.
- Memphis unemployment rate is 8.0%.
 Cape May, NJMemphis, TNUnited States
 Unemployment Rate  Unlock8.0%6.0%
 Recent Job Growth  Unlock2.1%1.6%
 Future Job Growth19.1%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$52,786  Unlock$37,638
 Household Income  Unlock$43,981$69,021
 Family Median Income$96,250  Unlock$85,028
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 Est. Households By Income
 Cape May, NJMemphis, TNUnited States
 Income Less Than 15K  Unlock17.7%9.4%
 Income between 15K and 20K2.7%  Unlock3.8%
 Income between 20K and 30K  Unlock12.0%8.1%
 Income between 30K and 40K12.5%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K6.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.2%9.6%
 Income between 75K and 100K18.2%  Unlock12.8%
 Income between 100K and 150K  Unlock9.6%16.3%
 Income between 150K and 200K8.3%  Unlock7.8%
 Income greater than 200K  Unlock4.7%9.5%
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 Population By Occupation
 Cape May, NJMemphis, TNUnited States
 Management, business, finance23.9%  Unlock16.4%
 Engineering, computers, science  Unlock3.7%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library8.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology10.1%  Unlock6.2%
 Healthcare support  Unlock3.4%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock6.1%5.4%
 Building maintenance3.8%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair6.8%  Unlock8.1%
 Production, transportation, material moving  Unlock20.7%13.1%
Reviews for Cape May    2 Reviews

Over 12 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 Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 6 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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