North Cape May vs Newark
| North Cape May | Newark | |
|---|---|---|
| Population | 3,832 | 307,355 |
| Median Household Income | $86,962 | $52,060 |
| Median Home Value | $393,300 | $373,700 |
| Median Gross Rent | $1,709/mo | $1,392/mo |
| Homeownership Rate | 73.6% | 24.4% |
| Unemployment Rate | 4.1% | 11.6% |
| Bachelor's Degree or Higher | 31.5% | 19.7% |
| Median Age | 58.1 | 34.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.