North Cape May, NJ is a great place to live and work. This coastal town offers plenty of amenities including great restaurants, beaches, and shopping. The cost of living in North Cape May is slightly higher than that of the US as a whole with 2 bedroom rents costing $1,490 compared to the US average of $1,430. Additionally, grocery costs are 8% higher in North Cape May than in the country as a whole. Popular companies based in North Cape May include the National Park Service and White Star Market. Whether you're looking for an outdoor lifestyle or a bustling business scene, North Cape May has something for everyone.
North Cape May has an unemployment rate of 12.5%. The US average is 6.0%.
North Cape May has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for North Cape May
- The Sales Tax Rate for North Cape May is 6.6%. The US average is 7.3%.
- The Income Tax Rate for North Cape May is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for North Cape May
- The average income of a North Cape May resident is $35,466 a year. The US average is $37,638 a year.
- The Median household income of a North Cape May resident is $65,145 a year. The US average is $69,021 a year.