County profile
Cape May County, NJ
United States · GDP 2024
#538 of 3,127 US counties by GDP59th-percentile growthmore diversified than 53% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$7.8B
BEA · 2024
GDP growth (YoY)
+5.2%
BEA · 2024
Jobs tracked
28,065
Census CBP · 2023
Employers
3,816
Census CBP · 2023
Avg. wage
$47.4k
BLS QCEW · 2023
Population
93,390
Census PEP · 2025
Labor, income & education
Unemployment
5.8%
Median HH income
$91.1k±$3.3k
Bachelor's degree+
39.0%±1.5%
Poverty rate
8.7%±1.1%
Business applications
1,247 · 2025
Retail establishments
614
65.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
No public companies loaded for this state yet — universe expands with the full ingest.
HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Retail trade29%
Food & accommodation28%
Health care19%
Construction11%
Other services8%
Admin & support6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
93,390
residents · 2025 · -1.7% since 2020
Income per capita $82.4k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+1,387
International migration+372
Natural change−3,267
GDP trend
2019–2024 · nominal
$5.6B2019
$5.7B2020
$6.3B2021
$7.0B2022
$7.4B2023
$7.8B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$434.6k±$9.3k
Median gross rent
$1.4k/mo±$96/mo
Vacancy rate
54.9%±0.7%
Affordability
9.2× wages
Residential permits
$317.7M
854 units · 9.1/1k pop
FEMA risk score
91.0
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Coastal flooding 99Strong wind 99Hurricane 93
FHFA HOUSE PRICE INDEX · 2016–2025
8312016
8562017
8952018
9492019
10102020
11672021
13932022
15512023
17362024
18042025
RESIDENTIAL PERMITS · 2021–2025
↓ -7% since 20219172021
8382022
8032023
8952024
8542025
Transport access
BTS · FAA · USACE
Nearest interstate
82.7 km
I-295
Nearest freight rail
1.8 km
CMSL
Nearest port
7.2 km
AVALON MARINE CENTER
Nearest commercial airport
39.3 km
ATLANTIC CITY INTL
Wage trend
BLS QCEW · 2019–2023$47.4k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Cape May?
Cape May's economy produced $7.8B in 2024, growing 5.2% year over year — about the middle of the pack among US counties. Its largest employment sector is retail trade.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.