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Cape May County

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Population

The population of Cape May County declined 4.95 percent from 2000 to 2010, falling from 102,326 to 97,265.

Race and Ethnicity

  • White – 86.9 percent
  • Black – 4.4 percent
  • Asian – 0.8 percent
  • Hispanic – 6.2 percent
  • Two or more races – 1.4 percent
  • Other (American Indian & Alaska Natives, Native Hawaiians & other Pacific Islanders, and some other races) – 0.2 percent

Voting record

Cape May County has 129 election districts, and 70.1 percent of ballots were cast in the 2012 Election out of its 69,041 registered voters.

Employment by Sector

  • Construction – 7.7 percent
  • Manufacturing – 3.4 percent
  • Retail and wholesale trade – 14.4 percent
  • Transportation and utilities – 2.8 percent
  • Finance, insurance, and real estate – 8.7 percent
  • Professional and technical services – 7.4 percent
  • Education and health care – 23.2 percent
  • Arts, entertainment, and accommodation – 17.5 percent
  • Public administration – 8.1 percent
  • Other services – 6.6 percent

Unemployment Rate

Cape May County’s unemployment rate more than doubled from 2007 until 2012, going from 6.6 percent to 13.2. The rate spiked between 2008 until 2009 (from 8.1 in 2008 to 11.1 percent in 2009) as did New Jersey and the national trends. Cape May County’s unemployment rate followed a similar pattern to that of New Jersey (4.5 percent in 2005 and 9.3 percent in 2012), but staying 2-to-4 percentage points higher.

Poverty Rate

The poverty rate in Cape May County has gone up and down, going as low as 6.4 percent in 2006 and rising to 11.4 percent in 2011, before dropping to 8.9 percent in 2012. Cape May County’s poverty rate has often matched that of New Jersey (8.7 percent in 2005 and 10.8 percent in 2012), but in 2012 was nearly 2 percentage points lower.

Median Household Income (in current dollars)

The median household income for Cape May County increased from 2005 ($51,744) until it spiked in 2008 ($60,176), and then dropped by $10,000 a year later, finishing back up a bit at $57,000 by 2012. It always stayed far below the median household income in New Jersey ($61,672 in 2005 and $69,667 in 2012), which never fell below $60,000 in that span.

Median Housing Price (in current dollars)

The median housing price in Cape May County started at $304,400 in 2005, raised to $510,000 by 2008, but then fell all the way down to $305,900 in 2012. The price in New Jersey remained slightly higher, following a similar pattern, but starting at $333,900 in 2005, rising to $372,300 in 2007, and falling to $311,600 in 2012.

Housing Occupancy

As of 2012, there are 98,653 housing units in Cape May County, 10.9 percent of which are owner-occupied, 30.1 percent are renter-occupied, and 59 percent are vacant (likely because they are beach houses and not primary residences).