2026 Compare Cities Economy:
Putnam, CT vs Cape May, NJ

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Highlights
- Household income in Cape May, is 7% more than it is in Putnam and is 4% above the National Average.
- Putnam unemployment rate is 8.6%.
- Cape May unemployment rate is 12.5%.
 Putnam, CTCape May, NJUnited States
 Unemployment Rate  Unlock12.5%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth31.4%  Unlock33.5%
 Sales Taxes6.4%  Unlock6.2%
 Income Taxes  Unlock5.5%4.6%
 Income per Cap.$32,118  Unlock$37,638
 Household Income  Unlock$71,875$69,021
 Family Median Income$81,795  Unlock$85,028
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 Est. Households By Income
 Putnam, CTCape May, NJUnited States
 Income Less Than 15K  Unlock8.8%9.4%
 Income between 15K and 20K6.8%  Unlock3.8%
 Income between 20K and 30K  Unlock7.8%8.1%
 Income between 30K and 40K7.7%  Unlock8.0%
 Income between 40K and 50K  Unlock7.4%7.6%
 Income between 50K and 60K9.0%  Unlock7.2%
 Income between 60K and 75K  Unlock4.8%9.6%
 Income between 75K and 100K21.6%  Unlock12.8%
 Income between 100K and 150K  Unlock11.8%16.3%
 Income between 150K and 200K6.0%  Unlock7.8%
 Income greater than 200K  Unlock11.6%9.5%
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 Population By Occupation
 Putnam, CTCape May, NJUnited States
 Management, business, finance17.5%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock1.7%1.2%
 Education, library9.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.7%2.0%
 Healthcare practitioners and technology3.7%  Unlock6.2%
 Healthcare support  Unlock0.4%3.3%
 Firefighters, law enforcement1.3%  Unlock2.1%
 Food preparation, serving  Unlock5.3%5.4%
 Building maintenance3.0%  Unlock3.6%
 Personal care  Unlock3.0%2.6%
 Sales, office, administrative support17.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.7%0.6%
 Construction, extraction, maintenance/repair5.5%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Putnam    1 Reviews

Not very long ago (4 - 5 years), Putnam was a tremendously viable destination for antiques. Two of every three stores in Putnam's town center were dedicated to the  More

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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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