2025 Compare Cities Economy:
Cape May, NJ vs Morristown, NJ

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Highlights
- Household income in Morristown, is 57% more than it is in Cape May and is 39% above the National Average.
- Cape May unemployment rate is 12.5%.
- Morristown unemployment rate is 6.2%.
 Cape May, NJMorristown, NJUnited States
 Unemployment Rate  Unlock6.2%6.0%
 Recent Job Growth  Unlock-0.7%1.6%
 Future Job Growth19.1%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$52,786  Unlock$37,638
 Household Income  Unlock$112,570$69,021
 Family Median Income$96,250  Unlock$85,028
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 Est. Households By Income
 Cape May, NJMorristown, NJUnited States
 Income Less Than 15K  Unlock8.4%9.4%
 Income between 15K and 20K2.7%  Unlock3.8%
 Income between 20K and 30K  Unlock2.6%8.1%
 Income between 30K and 40K12.5%  Unlock8.0%
 Income between 40K and 50K  Unlock2.2%7.6%
 Income between 50K and 60K6.1%  Unlock7.2%
 Income between 60K and 75K  Unlock6.5%9.6%
 Income between 75K and 100K18.2%  Unlock12.8%
 Income between 100K and 150K  Unlock17.3%16.3%
 Income between 150K and 200K8.3%  Unlock7.8%
 Income greater than 200K  Unlock21.3%9.5%
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 Population By Occupation
 Cape May, NJMorristown, NJUnited States
 Management, business, finance23.9%  Unlock16.4%
 Engineering, computers, science  Unlock9.4%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock1.2%1.2%
 Education, library8.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.2%2.0%
 Healthcare practitioners and technology10.1%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock3.7%5.4%
 Building maintenance3.8%  Unlock3.6%
 Personal care  Unlock1.4%2.6%
 Sales, office, administrative support21.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.8%  Unlock8.1%
 Production, transportation, material moving  Unlock7.5%13.1%
Reviews for Cape May    2 Reviews

Over 11 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 Morristown    3 Reviews

Over 11 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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Hello all, I am new here was asked to comment on my area of the planet where I have lived for the last 12 years. Morristown is the county seat of Morris County. The  More

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Over 17 years ago

Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and  More

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