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Cape May County, NJ

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
99
1% below the U.S. average
Median home value
$395,000
national $303,400
Home prices, 5 years
+73.4%
over the 5 years to 2023
Monthly rent
$1,345
national $1,348
Homeownership
79%
national 65%
Unemployment
8.0%
national 3.6%
Household income
$88,046
national $78,538
Median age
51.4 yrs
national 38.7

Cost of living is the metro-area price level for Atlantic City-Hammonton, NJ.

The cost of living runs about 1% below the national average. The median home is valued at $395,000 (nominal). Home prices have risen about 73% over the five years to 2023. Median rent is about $1,345 a month. Unemployment averaged 8.0% in 2023 (national 3.6%). Median household income is $88,046. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Cape May County, NJ saw a net loss of 95 tax-filing households and a net gain of 55 individuals. Against a population of about 94,610, that is a net inflow of about 0.6 per 1,000 residents. On net, the area gained $26.9M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 243 households, came from Philadelphia County; the largest outflow, about 353 households, went to Atlantic County. In the prior (2022) filing year, the area saw a net loss of 81 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$26.9M
nominal dollars
Net households
-95
tax returns
Net people
+55
exemptions

+0.6 net people per 1,000 residents (population 94,610)

Income (AGI) in and out

Moved in$305.8M
Moved out$278.9M
Net +$26.9M (nominal)
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Cape May County within New Jersey

Cape May County is outlined, with arrows tracing its largest moves to and from other New Jersey counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Philadelphia County, PA243$25.3M
  2. 2Atlantic County, NJ235$21.2M
  3. 3Camden County, NJ187$21.3M
  4. 4Gloucester County, NJ144$20.7M
  5. 5Montgomery County, PA133$20.3M
  6. 6Delaware County, PA129$15.5M
  7. 7Burlington County, NJ111$18.5M
  8. 8Bucks County, PA108$19.8M
  9. 9Chester County, PA84$11.9M
  10. 10Cumberland County, NJ80$8M
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Where movers went

  1. 1Atlantic County, NJ353$26.1M
  2. 2Philadelphia County, PA154$13.3M
  3. 3Cumberland County, NJ140$7M
  4. 4Gloucester County, NJ130$20.4M
  5. 5Camden County, NJ116$9.5M
  6. 6Burlington County, NJ80$8.8M
  7. 7Montgomery County, PA78$8.5M
  8. 8Delaware County, PA68$6.6M
  9. 9Bucks County, PA61$9.2M
  10. 10Lee County, FL42$8.8M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Atlantic County, NJ235353-118-$4.8M
Philadelphia County, PA243154+89+$11.9M
Camden County, NJ187116+71+$11.8M
Gloucester County, NJ144130+14+$213K
Cumberland County, NJ80140-60+$982K
Montgomery County, PA13378+55+$11.8M
Delaware County, PA12968+61+$8.8M
Burlington County, NJ11180+31+$9.6M
Bucks County, PA10861+47+$10.5M
Chester County, PA8442+42+$5.5M
Ocean County, NJ36360+$2.1M
Lee County, FL2442-18-$5.4M

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$651.6M (+2,440 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$18.2M-62
2013+$69.7M+192
2014+$3.1M-110
2015-$11.3M-654
2016+$7.4M+39
2017+$93.2M+836
2018+$43.9M-133
2019+$52.2M+205
2020+$197.2M+1,098
2021+$124.6M+1,055
2022+$26.7M-81
2023+$26.9M+55
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 55 more people moved into Cape May County, NJ than left (counting tax filers and their dependents) — a net gain of about $26.9M in income (nominal) — in a county of 94,577 people.

Population
94,577
Census 2023 estimate
Net migration rate
+0.6
net people per 1,000 residents
A town of 10,000 would net about +6 people.
Net income per resident
+$284
nominal dollars
+$26.9M total across 94,577 residents.

The rate lets you compare Cape May County, NJ with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+753
Deaths
-1,321
Net domestic migration
-124
Net international migration
+128
Total change
-588

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Cape May County, NJ run about 1% below the national average. In plain terms: $100 spent here buys about what $101 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$78,224
what people here earn (BEA 2023, nominal)
12% above the U.S. average
Price level
98.9
100 = U.S. average prices (BEA price parity)
everyday costs about 1.1% lower than average
What that income buys
$79,090
local income restated at U.S.-average prices
13% above the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

Cost of living shown for the Atlantic City-Hammonton, NJ metro area (BEA publishes price parities by metro, not by county).

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents99.4
Goods97.8
Utilities108.2
Other services99.0

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Cape May County, NJ

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
51.4
years
Median household income
$88,046
per household (ACS 2019–2023, nominal)
12% above the U.S. median
College degree
37%
adults 25+ with a bachelor's or higher
Poverty rate
8.7%
residents below the poverty line
Average commute
23 min
mean travel time to work
Broadband at home
92%
households with any broadband
Race and ethnicity (share of residents)
White 84%Hispanic 8%Black 3%Asian 1%Other 4%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$395,000
owner-occupied homes
30% above the U.S. median
Median rent
$1,345
gross rent per month
0% below the U.S. median
Homeownership
79%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+11.4%
price change, 2022 to 2023
Past 5 years
+73%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
803new housing units authorized in 2023
Single-family 68%Multifamily 32%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
8.0%
BLS 2023 annual average
Labor force
45,247
41,613 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
8.0%
April 2026 · ▼ 2.0 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Cape May County, NJ has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
202421,64832,151769R +19.254,568
202023,94133,158615R +16.057,714
201618,75028,4461,526R +19.948,722
201221,65725,781493R +8.647,931
200822,89327,288200R +8.750,381
200421,47528,832455R +14.550,762
200022,18923,7941,611R +3.447,594

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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