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2024 Compare Cities Housing:
Cape May, NJ vs Monterey, CA

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Highlights
- The median age of a home in Cape May is 4.1% younger than the median age of a home in Monterey.

Housing
 Cape May, NJMonterey, CAUnited States
 Median Home Age495142
 Median Home Cost$657,800$1,022,100$338,100
 Home Appr. Last 12 months20.3%14.7%16.6%
 Home Appr. Last 5 yrs.70.1%55.6%57.0%
 Home Appr. Last 10 yrs.70.7%157.7%101.1%
 Property Tax Rate$14.8$6.4$11.0
 Homes Owned17.1%32.1%57.4%
 Housing Vacant69.0%8.8%11.2%
 Homes Rented13.9%59.1%31.4%
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 Avg Rent For Home Or Apartment
 Cape May, NJMonterey, CAUnited States
 Average Rent$1,820$4,960$1,840
 Studio Apartment$1,010$2,800$1,080
 1 Bedroom Home or Apartment$1,130$2,910$1,180
 2 Bedroom Home or Apartment$1,490$3,550$1,430
 3 Bedroom Home or Apartment$1,850$5,030$1,860
 4 Bedroom Home or Apartment$2,000$5,500$2,160
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 Vacant Housing
 Cape May, NJMonterey, CAUnited States
 Vacant For Rent10.5%1.9%1.9%
 Vacant Rented1.3%0.6%0.4%
 Vacant For Sale0.0%0.0%0.7%
 Vacant Sold0.0%0.0%0.4%
 Vacant Vacation55.8%5.3%3.6%
 Vacant Other1.4%0.9%4.1%
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 Owner-Occupied Housing Value
 Cape May, NJMonterey, CAUnited States
 Less Than $20,0001.1%1.0%2.6%
 $20,000 to $39,9990.0%0.4%2.4%
 $40,000 to $59,9990.0%0.0%2.8%
 $60,000 to $79,9990.0%0.2%3.9%
 $80,000 to $99,9990.0%0.0%4.5%
 $100,000 to $149,9990.0%0.5%11.3%
 $150,000 to $199,9990.0%0.0%13.0%
 $200,000 to $299,9990.9%1.9%20.1%
 $300,000 to $399,99919.6%2.5%13.6%
 $400,000 to $499,99916.0%5.1%8.3%
 $500,000 to $749,99923.3%27.0%9.7%
 $750,000 to $999,99917.0%33.8%3.9%
 $1,000,000 to $1,499,99913.4%17.7%2.2%
 $1,500,000 to $1,999,9990.0%6.2%0.8%
 $2,000,000 and over8.7%3.8%1.1%
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 Housing Units By Year Built
 Cape May, NJMonterey, CAUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 20145.8%3.9%13.6%
 2000 to 20095.8%3.9%13.6%
 1990 to 19998.6%7.2%13.6%
 1980 to 198915.7%13.5%13.2%
 1970 to 197923.5%21.2%14.8%
 1960 to 19698.6%7.2%13.6%
 1950 to 19597.6%19.1%10.0%
 1940 to 19493.1%5.9%4.7%
 1939 or Earlier28.7%12.2%12.2%

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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 Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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ZIPS IN CAPE MAY, NEW JERSEY
No Zip Codes Here.
ZIPS IN MONTEREY, CALIFORNIA
93940 93943

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