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2024 Compare Cities Economy:
Newark, DE vs Cape May, NJ

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Highlights
- Household income in Cape May, is 17% more than it is in Newark and is 4% above the National Average.
- Newark unemployment rate is 5.6%.
- Cape May unemployment rate is 12.5%.

Economy
 Newark, DECape May, NJUnited States
 Unemployment Rate5.6%12.5%6.0%
 Recent Job Growth2.7%1.8%1.6%
 Future Job Growth30.4%19.1%33.5%
 Sales Taxes0.0%6.6%6.2%
 Income Taxes5.6%5.5%4.6%
 Income per Cap.$29,480$52,786$37,638
 Household Income$61,646$71,875$69,021
 Family Median Income$100,100$96,250$85,028
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 Est. Households By Income
 Newark, DECape May, NJUnited States
 Income Less Than 15K14.8%8.8%9.4%
 Income between 15K and 20K4.0%2.7%3.8%
 Income between 20K and 30K10.7%7.8%8.1%
 Income between 30K and 40K7.4%12.5%8.0%
 Income between 40K and 50K7.1%7.4%7.6%
 Income between 50K and 60K5.2%6.1%7.2%
 Income between 60K and 75K8.7%4.8%9.6%
 Income between 75K and 100K13.0%18.2%12.8%
 Income between 100K and 150K13.3%11.8%16.3%
 Income between 150K and 200K8.6%8.3%7.8%
 Income greater than 200K7.3%11.6%9.5%
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 Population By Occupation
 Newark, DECape May, NJUnited States
 Management, business, finance13.6%23.9%16.4%
 Engineering, computers, science9.4%3.2%6.5%
 Community, social services2.6%2.5%1.8%
 Legal1.0%1.7%1.2%
 Education, library14.7%8.6%6.2%
 Arts, design, media, sports, entertainment3.5%0.7%2.0%
 Healthcare practitioners and technology3.1%10.1%6.2%
 Healthcare support1.3%0.4%3.3%
 Firefighters, law enforcement2.8%0.0%2.1%
 Food preparation, serving8.3%5.3%5.4%
 Building maintenance1.6%3.8%3.6%
 Personal care5.6%3.0%2.6%
 Sales, office, administrative support19.4%21.8%20.9%
 Farming, fishing, forestry0.1%0.7%0.6%
 Construction, extraction, maintenance/repair5.4%6.8%8.1%
 Production, transportation, material moving7.7%7.3%13.1%

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Reviews for Newark    8 Reviews

Over 12 years ago

Generally, Delaware public schools are dreadful. Most people that can afford it choose to invest in their child or children by sending them anywhere but to a Delaware  More

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I have lived in Newark for 27 years. My great-grandmother owned the Windy Hills development when it was a farm, and my father even grew up in the same house that I did.  More

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I am thinking of moving to Newark, but wanted to know if commuting to Philly is possible, especially outside of 9-5 hours. I see PATCO runs to Newark, but I don't know  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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ZIPS IN NEWARK, DELAWARE
19711 19717 19716
ZIPS IN CAPE MAY, NEW JERSEY
No Zip Codes Here.

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