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

Change Cities
Highlights
- Household income in Cape May, is 74% more than it is in Newark and is 4% above the National Average.
- Newark unemployment rate is 13.0%.
- Cape May unemployment rate is 12.5%.
 Newark, NJCape May, NJUnited States
 Unemployment Rate  Unlock12.5%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth18.1%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$22,194  Unlock$37,638
 Household Income  Unlock$71,875$69,021
 Family Median Income$48,589  Unlock$85,028
 space
 Est. Households By Income
 Newark, NJCape May, NJUnited States
 Income Less Than 15K  Unlock8.8%9.4%
 Income between 15K and 20K6.2%  Unlock3.8%
 Income between 20K and 30K  Unlock7.8%8.1%
 Income between 30K and 40K9.5%  Unlock8.0%
 Income between 40K and 50K  Unlock7.4%7.6%
 Income between 50K and 60K7.8%  Unlock7.2%
 Income between 60K and 75K  Unlock4.8%9.6%
 Income between 75K and 100K9.7%  Unlock12.8%
 Income between 100K and 150K  Unlock11.8%16.3%
 Income between 150K and 200K3.5%  Unlock7.8%
 Income greater than 200K  Unlock11.6%9.5%
 space1
 Population By Occupation
 Newark, NJCape May, NJUnited States
 Management, business, finance8.8%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library4.8%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology3.0%  Unlock6.2%
 Healthcare support  Unlock0.4%3.3%
 Firefighters, law enforcement4.3%  Unlock2.1%
 Food preparation, serving  Unlock5.3%5.4%
 Building maintenance6.7%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.7%0.6%
 Construction, extraction, maintenance/repair12.3%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Newark    26 Reviews

Over 4 years ago

Newark is straight garbage.  More

   |    Reply

Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

   |    Reply

Over 12 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

   |    Reply

Start Your Review of Newark

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

   |    Reply

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

   |    Reply

Start Your Review of Cape May


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.