Cape May County Housing
As of 2010-2014, median price of a house in Cape May County is $307,000, which is about the same as the state average of $319,900 and is much higher than the national average of $175,700. The Cape May County median house value has grown by 123.11% since 2000. The growth rate for the price of a house in Cape May County is higher than the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Cape May County was built is 1975, which is newer than the median year for a house built in the state which is 1966 and is about the same as the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 30,930 Owner Occupied Houses in Cape May County, #11Cape May County | 307,000 USD |
New Jersey | 319,900 USD |
U.S. | 175,700 USD |
Cape May County | 123.11% |
New Jersey | 87.30% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Cape May County | New Jersey | U.S. | |
Total Housing Units | 98,630, see rank, 100% | 3,572,138 | 132,741,033 |
Occupied Housing Units | 41,069, 41.64%, see rank | 89.26% | 87.55% |
Owner Occupied | 30,930, 31.36%, see rank | 58.06% | 56.34% |
Renter Occupied | 10,139, 10.28%, see rank | 31.20% | 31.21% |
Vacant Housing Units | 57,561, 58.36%, see rank | 10.74% | 12.45% |
For Rent | 3,076, 3.12%, see rank | 2.18% | 2.34% |
For Sale Only | 2,042, 2.07%, see rank | 1.02% | 1.20% |
Rented or Sold, Not Occupied | 477, 0.48%, see rank | 0.70% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 50,212, 50.91%, see rank | 3.72% | 3.97% |
For Migrant Workers | 115, 0.12%, see rank | 0.01% | 0.03% |
Other Vacant | 1,639, 1.66%, see rank | 3.11% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #5Cape May County | New Jersey | U.S. |
1975 | 1966 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Cape May County | % | New Jersey | U.S. | |
Owner-Occupied Units | 30,930 | 100% | 2,073,915 | 74,787,460 |
With a Mortgage | 19,305 | 62.42%, see rank | 69.83% | 65.58% |
Without a Mortgage | 11,625 | 37.58%, see rank | 30.17% | 34.42% |
*Based on 2010-2014 data. View historical mortgage status data.
Monthly Owner Costs for Housing Units with a Mortgage
Median Owner Costs, see rank
Cape May County | 1,919 USD |
New Jersey | 2,428 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Cape May County | % | New Jersey | U.S. |
$299 or Less | 20 | 0.10%, see rank | 0.04% | 0.20% |
$300 to $499 | 81 | 0.42%, see rank | 0.35% | 1.59% |
$500 to $699 | 494 | 2.56%, see rank | 0.83% | 5.01% |
$700 to $999 | 992 | 5.14%, see rank | 2.80% | 14.32% |
$1,000 to $1,499 | 4,093 | 21.20%, see rank | 11.13% | 27.90% |
$1,500 to $1,999 | 4,804 | 24.88%, see rank | 17.94% | 20.35% |
$2,000 to $2,999 | 5,899 | 30.56%, see rank | 36.29% | 19.52% |
$3,000 or More | 2,922 | 15.14%, see rank | 30.63% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cape May County | 28.20% of the Total Income |
New Jersey | 27.50% of the Total Income |
U.S. | 23.70% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Cape May County | % | New Jersey | U.S. | |
10% or Less | 902 | 4.67%, see rank | 3.98% | 5.86% |
10% to 20% | 4,408 | 22.83%, see rank | 23.73% | 31.95% |
20% to 30% | 5,213 | 27.00%, see rank | 28.42% | 27.64% |
30% to 40% | 2,862 | 14.83%, see rank | 16.62% | 13.74% |
40% or More | 5,807 | 30.08%, see rank | 26.85% | 20.29% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.
Monthly Owner Costs for Housing Units without a Mortgage
Median Owner Costs, see rank
Cape May County | 738 USD |
New Jersey | 972 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Cape May County | % | New Jersey | U.S. |
$199 or Less | 122 | 1.05%, see rank | 1.19% | 7.76% |
$200 to $299 | 268 | 2.31%, see rank | 1.66% | 14.70% |
$300 to $499 | 1,666 | 14.33%, see rank | 6.42% | 34.63% |
$500 to $699 | 3,113 | 26.78%, see rank | 13.17% | 21.16% |
$700 or More | 6,456 | 55.54%, see rank | 77.56% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cape May County | 18.50% of the Total Income |
New Jersey | 18.40% of the Total Income |
U.S. | 12.30% of the Total Income |
Owner Cost as a Percentage of the Total Income, Distribution
Cape May County | % | New Jersey | U.S. | |
10% or Less | 2,416 | 20.78%, see rank | 21.71% | 40.19% |
10% to 20% | 3,826 | 32.91%, see rank | 32.37% | 31.47% |
20% to 30% | 2,398 | 20.63%, see rank | 16.94% | 12.24% |
30% to 40% | 928 | 7.98%, see rank | 9.46% | 5.64% |
40% or More | 1,949 | 16.77%, see rank | 18.56% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Cape May County | New Jersey | U.S. | |
Total Housing Units | 98,630, 100% | 3,572,138 | 132,741,033 |
1-unit, Detached | 50,324, 51.02%, see rank | 53.67% | 61.65% |
1-unit, Attached | 17,247, 17.49%, see rank | 9.26% | 5.82% |
2 Units | 10,519, 10.67%, see rank | 9.53% | 3.75% |
3 or 4 Units | 5,254, 5.33%, see rank | 6.43% | 4.43% |
5 to 9 Units | 3,421, 3.47%, see rank | 4.80% | 4.78% |
10 or More Units | 8,708, 8.83%, see rank | 15.34% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 3,157, 3.20%, see rank | 0.98% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Cape May County | New Jersey | U.S. | |
Total Housing Units | 98,630, 100% | 3,572,138 | 132,741,033 |
1 Room | 2,586, 2.62%, see rank | 2.71% | 1.95% |
2 Rooms | 1,829, 1.85%, see rank | 2.15% | 2.48% |
3 Rooms | 6,553, 6.64%, see rank | 10.30% | 9.13% |
4 Rooms | 16,704, 16.94%, see rank | 15.19% | 16.60% |
5 Rooms | 20,327, 20.61%, see rank | 16.72% | 20.41% |
6 Rooms | 19,671, 19.94%, see rank | 16.15% | 18.06% |
7 Rooms | 13,086, 13.27%, see rank | 12.48% | 12.27% |
8 Rooms | 8,960, 9.08%, see rank | 10.49% | 8.48% |
9 Rooms or More | 8,914, 9.04%, see rank | 13.81% | 10.60% |
Median Rooms | 5.60, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Cape May County | New Jersey | U.S. | |
Total Housing Units | 98,630, 100% | 3,572,138 | 132,741,033 |
No Bedroom | 2,722, 2.76%, see rank | 2.88% | 2.17% |
1 Bedroom | 6,285, 6.37%, see rank | 14.18% | 11.16% |
2 Bedrooms | 24,045, 24.38%, see rank | 25.93% | 26.69% |
3 Bedrooms | 36,906, 37.42%, see rank | 32.62% | 39.70% |
4 Bedrooms | 20,097, 20.38%, see rank | 18.83% | 16.05% |
5 or More Bedrooms | 8,575, 8.69%, see rank | 5.56% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Cape May County | New Jersey | U.S. | |
Total Housing Units | 41,069, 100% | 3,188,498 | 116,211,092 |
Utility Gas | 23,035, 56.09%, see rank | 74.16% | 48.85% |
Bottled, Tank, or LP Gas | 4,442, 10.82%, see rank | 1.94% | 4.86% |
Electricity | 9,329, 22.72%, see rank | 11.66% | 36.68% |
Fuel Oil, Kerosene, etc. | 3,354, 8.17%, see rank | 11.10% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.03% | 0.12% |
Wood | 507, 1.23%, see rank | 0.44% | 2.12% |
Solar Energy | 28, 0.07%, see rank | 0.03% | 0.05% |
Other Fuel | 193, 0.47%, see rank | 0.32% | 0.47% |
No Fuel Used | 181, 0.44%, see rank | 0.32% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Cape May County | New Jersey | U.S. |
Occupied Units Paying Rent | 9,004, 100% | 1,077,463 | 39,201,928 |
$199 or Less | 125, 1.39%, see rank | 1.46% | 1.50% |
$200 to $299 | 285, 3.17%, see rank | 3.04% | 3.18% |
$300 to $499 | 405, 4.50%, see rank | 3.86% | 7.37% |
$500 to $699 | 781, 8.67%, see rank | 4.64% | 16.01% |
$700 to $999 | 2,571, 28.55%, see rank | 19.19% | 29.17% |
$1,000 to $1,499 | 3,171, 35.22%, see rank | 40.89% | 26.88% |
$1,500 to $1,999 | 1,230, 13.66%, see rank | 17.11% | 9.79% |
$2,000 or More | 436, 4.84%, see rank | 9.81% | 6.10% |
Median | $1,042, see rank | $1,188 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Cape May County | New Jersey | U.S. | |
Occupied Housing Units | 41,069, 100% | 3,188,498 | 116,211,092 |
No Vehicles Available | 3,796, 9.24%, see rank | 11.70% | 9.12% |
1 Vehicles Available | 15,338, 37.35%, see rank | 34.71% | 33.80% |
2 Vehicles Available | 15,444, 37.61%, see rank | 36.16% | 37.48% |
3 or More Vehicles Available | 6,491, 15.81%, see rank | 17.43% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.